Paris: The French government will reduce its forecast for growth of the economy this year from 0.8 percent, French Foreign Minister Laurent Fabius said
Paris: The economies of advanced countries shrank in the final quarter of last year, giving a twist to broad slowdown in 2012, data from the
Dublin: The Irish government said it was confident of reaching an agreement with its creditors to reduce the mammoth debt burden incurred during its rescue of
London: The Bank of England is expected to keep its key interest rate at a record-low 0.50 percent on Thursday and decide against pumping out
Frankfurt: The German government is eyeing 5.0-6.0 billion euros ($6.5-7.8 billion) in additional spending cuts in 2014 in a bid to balance the government budget,
Frankfurt: Retail sales in Germany rose more than expected in November, partially making up for the drop seen the previous month, official data showed on
Lisbon: Portugal’s highest court is to decide whether the country’s 2013 austerity budget is constitutional, President Anibal Cavaco Silva announced late on Tuesday.
Frankfurt: Debt problems in both the United States and Europe represent the biggest risks for the global economy in 2013, Nobel prize laureate Joseph Stiglitz