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Sunday, July 27, 2014
Moody's on Friday raised the debt rating of Portugal one notch to Ba1 and said it had a stable outlook, despite troubles at a major banking group.
Saturday, July 26, 2014
British satellite television group BSkyB said on Friday it had agreed multi-billion-dollar deals with Rupert Murdoch's media empire 21st Century Fox to create a pan-European pay-TV giant.
Friday, July 25, 2014
The unemployment rate in Spain fell sharply in the second quarter slipping beneath 25.0-percent, official data showed on Thursday in a further sign that the country is pulling away from deep economic crisis.
Monday, July 21, 2014
Finland cashes in on cold by luring data storage firms
With freezing winters where the mercury can sink well below zero and cool summers, Finland will never be a destination of choice for the world's sun-seekers.
Friday, July 18, 2014
The number of new cars registered in Europe grew for the 10th consecutive month in June, according to industry data published Thursday, adding to evidence the embattled sector is recovering.
Thursday, July 17, 2014
A key shareholder in stricken Portuguese bank Banco Espirito Santo (BES) has failed to repay a huge debt, putting the banking group at risk of legal action, the unpaid creditor Portugal Telecom (PT) said on Wednesday.
Wednesday, July 16, 2014
Shares in Portugal's largest listed bank, Banco Espirito Santo (BES), plunged further Monday as the arrival of new directors failed to shake off worries about the bank's future.
Monday, July 14, 2014
Dimitris Pikrodimitris took out a mortgage four years ago when he was drawing an annual income of 27,000 euros (US$36,720).
Saturday, July 12, 2014
France's economy minister is blaming European authorities for the lack of growth in France and Europe, and says it's time for a new economic policy that shuns austerity.
Fears over the health of Portugal's largest listed bank, Banco Espirito Santo, sent its shares into freefall Thursday, shaking stock markets in Lisbon and across Europe and even the Atlantic.
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