February 04, 2013

Spanish prime minister denies corruption allegations

The Spanish prime minister Mariano Rajoy has issued a televised denial or corruption allegations that are threatening to engulf his government and destablise the eurozone.

February 03, 2013

Pound Falls Versus Euro as Data Signals Recovery Stalling

The pound declined for a fourth week against the euro, the longest streak since September, as economic reports on consumer confidence and manufacturing suggested the U.K. economic recovery is petering out.

February 02, 2013

February 01, 2013

Poland hurt by EU aid freeze over suspicious road deal

Polish officials have voiced dismay over an EU decision to block nearly 1bn euros (£859m) of funding for Polish road projects amid suspicions of fraud.

January 31, 2013

Economic data shows eurozone steadier, still weak

FRANKFURT: The euro area's economy is making faltering progress toward recovery, as the latest round of figures Wednesday showed improving consumer optimism and steadier bank finances - but weak demand for loans from businesses.