Friday, July 4, 2014
The European Central Bank (ECB) held its key interest rates unchanged at its regular policy meeting Thursday, just a month after easing monetary conditions in the 18-country euro area.
Thursday, July 3, 2014
Spain's unemployment line shrank in June as the economy slowly recovered after emerging in mid-2013 from a two-year recession, the government said Wednesday.
Wednesday, July 2, 2014
The number of unemployed people in the 18 eurozone countries declined fractionally in May, but not enough to bring down the jobless rate, which remained at 11.6 percent compared with a month earlier.
Tuesday, July 1, 2014
Eurozone inflation is still stuck at the lowest levels since the financial crisis, new data showed on Monday, highlighting the threat of deflation but analysts say the European Central Bank (ECB) is unlikely to ease policy further this week.
An independent Scotland could have a disproportionately large banking sector compared to its economy, leaving it vulnerable to financial shocks, according to a study by The Banker magazine released Monday.
Brussels gave the green light for Bulgaria to set up a “precautionary” credit line of 1.7 billion euros (US$2.3 billion) on Monday to stop a run on two of its banks from turning into a full-blown crisis.
Monday, June 30, 2014
The European Central Bank is unlikely to make new policy moves at its monthly meeting next week, focusing instead on monitoring the impact of last month's unprecedented package of measures.
Spanish firms seeking to escape a sluggish eurozone are heading in ever greater numbers to reap the financial benefits of doing business in the faster-paced economies of Latin America.
Thursday, June 26, 2014
Concern about the economic impact of the crises in Ukraine and Iraq pushed business confidence in Germany to a six-month low in June, data showed on Tuesday.
Wednesday, June 25, 2014
Airlines were forced to cancel flights to and from Paris's main airports and several cities in southern France Tuesday as air traffic controllers kicked off a six-day strike.