. It was quite a long wait, but we finally heard some sense from the Finance Minister as regards the enormous public payroll, the high cost of pensions and the over-privileged civil
The EIB and UniCredit Corporate Banking have signed a EUR 81 mln loan agreement with Italy’s Atlantica SpA di Navigazione (Grimaldi Group) aimed at expanding its Mediterranean fleet with four new cruise
By Louis Charbonneau The world's wealthiest countries are reneging on promises to boost development aid, threatening U.N. targets for drastically reducing poverty by 2015, according to a new U.N. report released on
BERLIN, Sept 4 (Reuters) – A regional branch of German industrial union IG Metall said on Thursday it was seeking a wage increase of 7-8 percent for engineering workers in a move
US Senator Joe Biden, running mate of Democratic presidential candidate Barack Obama and an experienced diplomat, has called for the “full withdrawal” of Turkish troops from northern Cyprus in an interview posted
The euro fell against the dollar on Thursday after European Central Bank President Jean-Claude Trichet said the euro zone was in an episode of weak economic activity. The euro was last down
New car registrations in Britain fell an annual 18.6 percent last month to record the market's weakest August since 1966. The Society of Motor Manufacturers and Traders said there were just 63,225
Global equities hit a new two-year low on Thursday as central banks in Britain and the euro zone kept interest rates on hold and a U.S. report pointed to a deteriorating jobs
The European Commission and the European Central Bank (ECB) have encouraged the European Payments Council ('EPC') to move ahead with the launch of the SEPA Direct Debit scheme. Under this scheme, bank
The drop in oil prices appears to have had an immediate impact on inflation in August, as the consumer price inflation rate eased to 5.4% from 5.6% in July, although it was
