August 31, 2012

Economic uncertainty growing massively: ECB's Nowotny

(Reuters) - Economic uncertainty in Europe is rising "massively" as growth prospects worsen, especially for debt-strapped southern euro zone members, European Central Bank Governing Council member Ewald Nowotny said.

August 30, 2012

Swiss economic outlook still bright -KOF sentiment index

ZURICH: Prospects for the Swiss economy remain healthy, a leading indicator showed on Wednesday, as the central bank's cap on the safe-haven franc underpinned the country's export sector.

August 29, 2012

Spain's economy contracts again as recession deepens

Spain's economy contracted further in the second quarter of the year as the country remained mired in recession, official figures show.

August 28, 2012

Unilever sees 'return to poverty' in Europe

Unilever will adopt marketing strategies used in developing countries in order to drive future growth in Europe, as the head of its European business warned that poverty will rise in the region as a result of the debt crisis.

August 27, 2012

France's Hollande Backs Greece But Urges Credible Reform

(CNN) -- French President Francois Hollande restated his country's support for debt-stricken Greece Saturday, but stressed that it must live up to its reform commitments.