Monday, June 15, 2015
Default by debt-wracked Greece loomed dangerously closer after last-ditch talks between Athens and its EU-IMF creditors collapsed on Sunday, bringing the threat of a Greek exit from the euro closer than ever.
Since opening its doors to Syrians fleeing war, Sweden has welcomed record numbers of refugees and a small but growing group are taking fast-tracks to jobs, bucking unemployment trends.
Slovakia has been a star performer in Central Europe with a boom in car manufacturing driving brisk economic growth, but ghost villages haunt the countryside as people leave in search of jobs.1 Comment
Saturday, June 13, 2015
The head of French telecoms giant Orange told Israeli Prime Minister Benjamin Netanyahu on Friday he was distressed by reactions to remarks seen as backing a boycott of the Jewish State.
Thursday, June 11, 2015
As Greece teeters on the brink of possible default, another bailed-out eurozone nation, Portugal, is showing off its relative economic health seeking to set itself apart from the Greek crisis.
Tuesday, June 9, 2015
European financial giant Deutsche Bank announced Sunday its co-chief executives are stepping down as the banking group faces a wave of scandals and has failed to meet profit targets this year.
Monday, June 8, 2015
Cyprus announced on Sunday that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four years of energy exploration.
Companies, banks and investment funds, primarily European, have been coming out in recent weeks with announcements they will halt investments in coal, a new front in efforts to reduce use of the highly polluting fuel that faces a battle against the hunger for power in emerging markets.
Saturday, June 6, 2015
Economic growth in Germany has picked up faster than expected thanks to low unemployment, higher wages and the weak euro, raising forecasts for the coming years, the German central bank, or Bundesbank, said on Friday.
Thursday, June 4, 2015
An Irish construction company announced Wednesday it would list on the London Stock Exchange to raise funding to deliver new homes as strong demand returns to the Irish property sector.