January 10, 2013

'Disappointing' trade deficit figures a drag on recovery renewing triple-dip fears

Britain's trade deficit narrowed in November as exports rose more than imports, but the fall was below forecasts, which economists warn will act as a drag on growth and further threatens a triple-dip recession.

January 09, 2013

Is this the year that the eurocrisis ends?

The European Central Bank has moved to shore up the euro, investors are more confident, and European leaders are surprisingly upbeat.But critics warn that Europe is not out of the woods.

January 06, 2013

Greece probes officials in Swiss tax scandal: Source

ATHENS: The Greek prosecution service has questioned two finance ministry officials close to former socialist finance minister George Papaconstantinou, who is caught up in a tax scandal shaking Greek politics, judicial sources said on Friday.

January 05, 2013

Car slump in France, Spain and Italy spells gloomy 2013

PARIS (Reuters) - Car sales in France, Spain and Italy in 2012 fell to the lowest levels in years, with December registration data underscoring the challenges facing the broader European economy.

January 04, 2013

German Bunds Snap Drop on Jobs Data; French Yields Fall at Sale

Germany’s government bonds snapped a decline from yesterday after a government report showed the nation’s jobless total increased for a ninth month in December.