Signs of improvement in the German and U.S. economies helped offset concerns over the prospects for euro zone debt auctions later this week, lifting the single currency and European shares on Monday.
Italian Prime Minister Mario Monti plans liberalisation steps to promote competition in several industry sectors and revive the ailing economy, he said on Sunday, ahead of meetings with European partners to discuss
Turkish lender Halkbank , little known outside Turkey, has gained a reputation in the oil market over the past 18 months for handling transactions that other banks fear to touch – trade
European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece's debts, but his push showed no sign of gaining any
Some 425 mln euros ($549 mln) in Greek government subsidies to farmers were incompatible with EU law and will have to be returned, a European Commission spokesman said on Thursday. Details of
France drew solid demand at its first debt auction of 2012 with yields rising only slightly despite fears for its AAA rating, but that was not enough to prevent most European debt
Italian officials combating a national plague of tax evasion hit the jackpot in a swoop on a posh ski resort, catching 42 drivers of Ferraris and other luxury cars who had declared
International Airlines Group, formed by the merger of BA and Iberia, posted a strong rise in traffic in December, boosted by continued growth in first and business class passenger numbers. Traffic, measured
British trade union Unite is writing to Royal Bank of Scotland to express its anger over renewed speculation of thousands of job cuts at the part-nationalised lender. "Unite is disgusted that the
Moody's said the operating environment remained negative for British banks which, themselves, were better placed in some respects than European Union rivals more directly hit by the euro zone debt crisis. Senior
