Tuesday, May 6, 2014
The European Commission tweaked its 2014 and 2015 economic forecasts Monday but left intact the overall outlook for gradual recovery from a record recession.
Portugal decided to make a clean break from its EU-IMF bailout on Sunday, following in the footsteps of Ireland by forgoing a credit line as it prepares a full return to the credit markets.
Monday, May 5, 2014
The European Central Bank is not expected to cut interest rates this week, but could start paving the way for a possible move in June if deflationary dangers persist, analysts said.
Founded under the tsars, the Kvint brandy distillery has survived three wars and the upheavals of history from Communist rule to the collapse of the Soviet Union.
Saturday, May 3, 2014
Unemployment in the eurozone eased down to 11.8 percent in March, according to official data on Friday, with small signs of improvement in Greece's high jobless rate.
Portugal's prime minister on Thursday gave his clearest indication yet that the country will follow Ireland's example by exiting its 78-billion-euro (US$110 billion) international bailout without a credit lifeline.
Sales of new French cars rose in April, trade data showed on Friday in a further sign that the French market is pulling away from a slump which helped throw Peugeot Citroen into crisis.
Friday, May 2, 2014
The International Monetary Fund approved a US$17 billion aid deal for Ukraine on Wednesday, even as Kiev fought to prevent pro-Moscow separatists from grabbing another chunk of the country.
Thursday, May 1, 2014
Eurozone inflation picked up in April but still fell short of forecasts against a background of concerns deflation could derail a very modest recovery, official data showed Wednesday.
Spain announced Wednesday its fastest economic growth in six years in the first quarter of 2014 even as it failed to dent a 26-percent unemployment rate.