Fitch Survey: ‘Worst of Euro-Zone Crisis Not Over’ NEW
A majority of European investors believe the worst of the euro-zone crisis isn’t over yet, with weak economic growth prospects the central concern, a survey by Fitch Ratings said Monday.
Street Artists Take on the Euro Crisis NEW
The European Central Bank has provided around €10,000 in support for a graffiti project by its Frankfurt headquarters which in one artwork renders ECB President Mario Draghi as James Bond in a 'Casino Royale-themed' scene with German Chancellor...
Italians Knock on Transparency’s Door, but Get Few Answers NEW
Italian non-profit organization Diritto di Sapere, or Right to Know, wanted to know how responsive different branches of Italy’s public administration are to information requests. According to its new report, there's a long way to go.
Ireland’s Kenny Remains Committed to Austerity NEW
The Irish government remains committed to tough budget austerity targets under its international bailout, Irish Prime Minister Enda Kenny said Friday, as the government detailed new measures to tackle the country's stubbornly high jobless rate.
Irish House Prices Fall for Fourth Consecutive Month NEW
Irish home prices fell for the fourth consecutive month in March, suggesting the country's housing slump is far from over after more than five years.
Slovenia Central Bank Chief Says Country Can Avoid Bailout NEW
Slovenia’s central bank chief said the bad loans held at the country’s banks are less than analysts estimate and the country can avoid a bailout if the government adopts swift policy changes, including privatization.
Chancellor Merkel Tells Euro Zone to Stop Being Annoying NEW
German Chancellor Angela Merkel's latest message to the embattled euro zone? Stop being annoying—it’s getting on emerging economies’ nerves.
Cyprus News Piles Fresh Doubt on Gold’s Bull-Run NEW
News that Cyprus could sell 10 tons of gold from its central bank reserves to raise €400 million ($522.8 million) helped pull the rug from gold prices Wednesday, with the metal tumbling over 2% to a five-day low at $1,555 a troy ounce.
Baltic States on Fast Track to Recovery NEW
The Baltic states, whose economies shrunk by the most in the European Union during the global financial crisis in 2008/2009, have recovered more quickly than their peers in the euro zone because they were forced to adjust more quickly, according to r...
Irish Fiscal Council: Ireland Comfortably to Meet 2015 Fiscal Goal NEW
Ireland's government will emerge from its international bailout on schedule this year, and will have its budget deficit under control in 2015 by some considerable margin, the Irish Fiscal Advisory Council said Wednesday, in its latest and most upbeat...