Saturday, December 7, 2013
Germany's central bank raised its growth forecast for the German economy next year to 1.7 percent on Friday, citing expanding domestic demand in its upbeat assessment.
British house prices rose at their fastest pace in more than six years in November but could slow as weak wage growth puts pressure on personal finances, mortgage lender Halifax said on Friday.
British people expect inflation to pick up but are still largely heeding the message from Bank of England Governor Mark Carney that interest rates will not go up any time soon even as the economy recovers, a survey showed on Friday.
Friday, December 6, 2013
Moody's raised its rating outlook for Spain to “stable” from “negative” Wednesday, citing signs of real improvement in the economy and government finances.
Britain is likely to raise the state pension age to 68 in the mid-2030s, a decade earlier than previously expected, to offset the impact of improving life expectancy, the government said, as it seeks to cut its pension bill.4 Comments
Bank of Ireland (BoI) raised 580 million euros (US$788 million) through a share sale as part of a milestone deal to repay 1.9 billion euros to the state, handing the government a timely financial boost.
Tuesday, December 3, 2013
French auto sales slid by 4.4 percent in November in unadjusted terms, with 11-month sales down by 7.1 percent, according to industry association data released Monday.
Falling export demand dented Germany's key mechanical engineering sector in October, the VDMA industry federation said Monday.
Monday, December 2, 2013
A year after fleeing Spain as its economy tottered on the brink of a full-blown sovereign bailout, foreign investors are coming back.
Slovak electrician Michal is not the gambling type, but twice a month he holds his breath during a lottery draw in the hopes of winning thousands of euros or a new car.