Foreign investments in Central and Eastern Europe take a major knock, recovery will be gradual, warn PwC economists Five bumper years of foreign direct investment (FDI) in Central and Eastern Europe took
Signs of recovery are visible in some European housing markets, especially in sales levels and prices, but not so in Cyprus, according to the latest Royal Institution of Chartered Surveyors (RICS) European
Stavrakis warns of deficit breaching 7% of GDP Cyprus will outline tax and cash saving proposals to rein in a widening deficit in a stability programme to the European Union this month,
Debt-stricken Greece returned to capital markets on Monday for the first time since euro zone leaders agreed to give it a financial safety net, but the fuzzy rescue plan did little to
Moody's Investors Service believes that the measures being introduced by the Hungarian government to make foreign currency loans less accessible to the retail segment may help to improve the currency structure of
U.S. consumer spending rose as expected in February for a fifth straight month, while stagnant incomes pushed savings to their lowest level since October 2008, a government report showed on Monday. The
The Russian rouble came under pressure early on Monday after two bomb explosions on the Moscow metro system sparked a wave of risk aversion, hiking demand for perceived safer assets such as
Hopes that the crisis over Greek sovereign debt may have been contained lifted the euro on Monday and allowed European stocks to gain on the back of higher metal prices. Greece remained
U.S. stock index futures gained, pointing to a firmer start for Wall Street on Monday. Futures for the Dow Jones, the S&P 500 and the Nasdaq Composite were up 0.4 to 0.6
British mortgage approvals fell to their lowest level in nine months in February, Bank of England figures showed on Monday, in another sign that the recovery in the housing market is stalling.
