May 28, 2015

ECB Keeps Europe’s Bond Traders Guessing on Frontloading Policy

The European Central Bank’s fine-tuning of its bond-buying program is starting to unsettle traders in the region’s debt markets.

May 27, 2015

The G-7's Problem: Can the World Deal With a Greek Default?

When the world’s top finance ministers and central-bank chiefs meet in Dresden this week, they may struggle to stick to an agenda set by their German hosts that doesn’t mention Greece.

May 26, 2015

Ruble Falls Fifth Day as Russia Efforts Damp Carry-Trade Appeal

The ruble weakened for a fifth day as Russian government and central bank efforts to stem the currency’s gain damped its carry-trade appeal.

May 25, 2015

U.K. Labour Drops Opposition to Referendum on EU Membership

The U.K. Labour Party dropped its opposition to holding a referendum on Britain’s membership of the European Union, reversing a position it held before the general election.

May 23, 2015

German Bonds’ Turbulent Week Ends With Rally as Rout Seen Over

Germany’s government bonds rose for the first time in three days, ending a turbulent week in which European Central Bank officials reiterated their commitment to a debt-purchase program amid signs of an uneven economic recovery.

May 22, 2015

EU referendum: Airbus UK chief warns Brexit would hurt jobs and investment

The head of Airbus in the UK has warned that the defence and aircraft company would reconsider its investment in the country in the event of Britain leaving the EU, saying such a move would be destructive with “enormous ramifications” for the UK’s long-term future.

May 21, 2015

Banks Seen Fueling U.K. Property Risk With Loose Loan Safeguards

Banks are relaxing safeguards as they boost lending to commercial-property developers in the U.K., fueling concern they’re sowing the seeds of another real estate collapse.

May 20, 2015

Europe car sales shows broad-based rise in demand - ACEA

New car registrations in Europe rose 6.9 percent in April, industry data showed, on growth in large markets like Italy, France, Germany and Great Britain, and as demand for mass market brands like VW outpaced sales of premium vehicles.

May 19, 2015

European Stocks Decline With BHP Billiton, Energy Producers Down

European stocks fell for a fourth time in five days.The Stoxx Europe 600 Index dropped 0.2 percent to 395.7 at 8:10 a.m. in London as energy producers fell 0.4 percent as a group.

May 18, 2015

German econmin says Greece can only get more aid if it reforms

BERLIN: German Economy Minister Sigmar Gabriel warned the Greek government that Greece could only get further funds if it carried out reforms in a German newspaper interview published on Sunday.

May 17, 2015

UK banks told to rewrite employment contracts of staff on top-up payments

The UK’s banks have been told by the Bank of England that they need to rewrite the employment contracts of hundreds of staff receiving top-up payments alongside their salaries because of the European Union’s bonus cap.

May 16, 2015

BRICS Is Sure to Expand, Russia Says. Any Ideas for a New Name?

Admitting South Africa was the easy part. BRICS, the emerging markets club that owes its existence to a Goldman Sachs Group Inc. economist who coined the acronym for Brazil, Russia, India and China, is looking at more expansion. Any ideas on renaming it are welcome.

May 15, 2015

Euro, Clawing Its Way Back, Hits 3-Month High

PARIS — As recently as March, the dollar was looking so strong against the euro that the only question seemed to be how soon the eurozone currency would sink to parity.

May 14, 2015

Eurozone returns to healthy growth after QE bounce – but what next?

There’s a return to healthy growth in the eurozone. Surprised? It’s called the QE bounce. First the head of the central bank says he will inject £1.1tn into the 19-member economic bloc under a programme of quantitative easing (QE).

May 13, 2015

Bank of England keeps interest rates on hold at first post-election meeting

The Bank of England has decided to keep its interest rates on hold this May, keeping them unchanged for the first time since the general election.

May 12, 2015

Greece says deal will be 'difficult' at Eurogroup meeting

Finance Minister Yanis Varoufakis acknowledged that a deal to ease Greece's cash crunch was not likely at a meeting of euro zone finance ministers later on Monday despite progress in talks with lenders on some issues.

May 11, 2015

Eurozone pins hope on long-awaited economic rebound

Eurozone politicians are hoping for glimmers of a long-awaited economic rebound this week, with growth in the single currency bloc forecast to beat both the UK and US.

May 10, 2015

EU referendum: Merkel will work with Cameron on EU – but will Tories let him?

Next on David Cameron’s agenda is Europe. And Europe is ready and waiting. Germany’s chancellor, Angela Merkel, knows the phoney war of recent years is over.

May 09, 2015

Greek PM forecasts 'happy end'; Eurogroup chief cites progress in talks

Greek Prime Minister Alexis Tsipras forecast a happy end soon to fraught negotiations with creditors on a cash-for-reform deal, and the chairman of euro zone finance ministers said talks were making progress, though not enough for a deal next Monday.

May 08, 2015

Economic Growth in Eurozone Appears to Be Gaining Momentum

PARIS — It may not be at escape velocity yet, but the European economy is definitely picking up steam, an official forecast showed on Tuesday, as low oil prices, favorable foreign-exchange rates and central bank stimulus added momentum to a modest recovery.