April 28, 2013

Stalemate over, Italy's Letta names new government

ROME (Reuters) - Italian center-left politician Enrico Letta named a coalition government on Saturday, making one of Silvio Berlusconi's closest allies deputy prime minister and ending two months of damaging political stalemate.

April 27, 2013

European Stocks Post Biggest Weekly Gain in Five Months

European stocks posted the biggest weekly gain in five months as investors speculated the region’s central bank will cut rates and as companies from BASF SE to Standard Life (SL/) Plc reported better-than-expected results.

April 26, 2013

Cyprus further eases limits on money transfers

NICOSIA, Cyprus (AP) — Cyprus significantly eased restrictions on money transfers inside and outside the country Thursday to help businesses spur a deeply slumping economy.

April 25, 2013

Italy crisis close to an end but problems not over

ROME: Months of paralysing political deadlock seem close to an end in Italy with a new government possible by early next week, but there are many questions over how long the stability can last.

April 24, 2013

George Osborne set to expand Funding for Lending Scheme

George Osborne is expected to expand his flagship £80bn lending scheme on Wednesday in a bid to boost support for small businesses following criticism that most of the funds have been siphoned off by high street banks to cut homeowner's mortgage costs.