The International Monetary Fund should be realistic when considering a deficit target for Hungary for 2011, ruling Fidesz party vice chairman Lajos Kosa told public television m1 on Wednesday. When asked in
Asian stocks rose on Wednesday as investors cheered Apple's strong earnings and on optimism that China may roll back policy tighening measures later this year, while the euro firmed ahead of euro
— Sterling falls to session low versus euro after data — Britain's public sector net cash requirement rose unexpectedly last month compared to the same time a year ago, hitting its highest
Irish airline Ryanair kept its full-year profit forecast on Tuesday which analysts said it looked to outperform comfortably after first-quarter earnings beat expectations and fares rose. Europe's biggest low-cost carrier said its
Financial markets juggled with competing drivers on Tuesday as investors generally boosted stocks in the hope of more good earnings reports and the dollar slipped on concerns about the U.S. economy. Key
Greek banks will pass European Union stress tests conducted to assess how the sector would cope with another economic downturn, the country's Finance Minister said. "I'm certain that Greek banks will pass
* EU wants to keep up pressure for continent-wide cuts * Troubled euro zone borrowers Greece, Spain in focus * Little compromise seen ahead of Hungary local elections * Romania, Latvia IMF
Moody's Investors Service has downgraded Ireland's government bond ratings to Aa2 from Aa1. The main drivers for the downgrade are: 1. The government's gradual but significant loss of financial strength, as reflected
National Bank of Greece <NBGr.AT>, the country's top bank, will not make any merger or acquisition move soon, a bank source said on Monday, dismissing a press report that such a step
The euro extended losses on Monday, pulling further away from two-month highs, after Moody's cut Ireland's credit rating, highlighting the fragility of Europe's fiscal health. The euro quickly fell to the day's
