Wednesday, October 29, 2014
Crisis-hit France, which has come under fire from the European Union for breaking the bloc's spending rules, announced “new measures” and “clarifications” to its budget Monday to reduce its deficit by 3.6 billion euros (US$4.6 billion).
Britain headed for a showdown with the European Commission on Monday as Prime Minister David Cameron brushed off an EU payment demand despite warnings he must pay up or face fines.
Monday, October 27, 2014
The European Central Bank says 13 of Europe's 130 biggest banks have flunked an in-depth review of their finances and must increase their capital buffers against losses by 10 billion euros (US$12.5 billion).
A proposed Hungarian tax on Internet usage has sparked new accusations of an anti-democratic crackdown in the EU member as tens of thousands are expected to march against the measure Sunday.
Friday, October 24, 2014
A stronger than anticipated economic survey Thursday failed to inspire much optimism in European markets amid ongoing worries over the state of the 18-country eurozone and of France in particular.
British retail sales fell by 0.3 percent in September from the level in August as warm weather delayed purchases of autumn-style clothing, official data showed on Thursday.
Tuesday, October 21, 2014
A leading German pilots' union called a new 35-hour walkout at Lufthansa on Monday in an ongoing dispute over retirement benefits after a weekend of train strikes.
The British economy will slow down sharply next year due to political uncertainty and a potential referendum on membership of the EU, a leading forecaster said on Monday.
Tuesday, October 14, 2014
Britain's government officially launched on Monday an attempt to sell its 40-percent stake in Eurostar, the high-speed rail service connecting London with Paris and Brussels.
Monday, October 13, 2014
An EU probe into a tax deal between Ireland and Apple is raising pressure for a tightening of a controversial corporate tax system helping the country accelerate away from crisis.