SEPA goes Live

Official Launch of the Single Euro Payments Area   To mark the official launch of the SEPA (Single Euro Payments Area), Charlie McCreevy (Internal Market and Services Commissioner, European Commission), Gertrude Tumpel-Gugerell

World stocks tumble on economy fears

World stocks tumbled on Monday as fears gripped investors that a sliding U.S. economy would drag others down with it. Demand for safe-haven bonds and currencies soared. MSCI’s main world stock index,

European stocks sink 5.6 pct in sea of red

By Sitaraman Shankar LONDON, Jan 21 (Reuters) – European shares sank 5.6 percent by midday on Monday, threatening their worst one-day fall since the attacks of September 2001 as investors rattled by

European outsourcing overtakes American, says TPI

FRANKFURT (Reuters) – European companies outsourced more business than their counterparts in the Americas for the first time in 2007 as northern European countries followed Britain‘s lead, outsourcing consultancy TPI said. The