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Saturday, November 29, 2014
Spanish consumer prices fell for the fifth straight month in November, official figures showed on Thursday, amid concern that the eurozone is at risk of sliding into deflation.
Unemployment in France hit a new record in October, with official statistics published Thursday showing 3.46 million people claiming jobless benefits.
The ruble lost another 1.5 percent of its value on Friday morning as it extended a record slide after the OPEC oil cartel's decision to leave its output ceiling unchanged.
Thursday, November 27, 2014
European Commission chief Jean-Claude Juncker unveiled a huge 315-billion euro investment plan Wednesday to “kick-start” the stalling economy, saying it would show the world that Europe is back in business.
Wednesday, November 26, 2014
The weak eurozone economy poses a key threat to global growth, the OECD warned Tuesday, urging more flexibility in fiscal rules for struggling EU members like France and Italy to prevent another recession.
Monday, November 24, 2014
New European Commission chief Jean Claude Juncker has made a 300-billion-euro investment plan a centerpiece of his five-year agenda, but days before a highly awaited unveiling doubts are rife that it can deliver.
After deciding to scrap nuclear power, Germany is pondering saying goodbye to coal, its biggest energy source but also its top polluter and main threat to ambitious climate goals.
Saturday, November 22, 2014
European Central Bank (ECB) head Mario Draghi says the eurozone's chief monetary authority is willing to “step up the pressure” and increase its efforts to stimulate the struggling economy.
Thursday, November 20, 2014
As Switzerland prepares to vote this month on whether to force the country's central bank to increase its gold reserves, economists warn a “Yes” vote could wreak havoc in financial markets.
Wednesday, November 19, 2014
Southern Europe's olive harvest hit by bad weather, blights
If your favorite bottle of Mediterranean olive oil starts costing more, blame unseasonable European weather — and tiny insects.
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