EU-harmonised inflation diverges from CPI

The EU-harmonised inflation rate rose in May to 3.7%, compared with 3.6% in April 2012. This is in contrast to the national consumer price inflation rate, which fell slightly to 2.9% in

EU considering doubling term of Irish bailout

Ireland's international lenders are considering doubling the average repayment term of some of its 85 billion euro ($107 billion) bailout to 30 years from 15, state broadcaster RTE reported, citing sources among