The damage being inflicted on some emerging economies by the continuing eurozone crisis was highlighted on Friday by new figures from the European Bank for Reconstruction and Development.
May 11, 2013
Italian official industrial output shrinks in March
MILAN: Italy's industrial production shrank by 0.8 percentage points in March from the level in February in a far worse result than expected, according to official data released on Friday.
May 10, 2013
Cyprus considered exiting the euro zone in March
Cyprus seriously considered dropping out of the euro zone at the peak of its financial crisis in March as it faced a standoff over the terms of an international bailout, Cyprus Foreign Minister Ioannis Kasoulides said in an interview in Washington on Thursday.
May 09, 2013
UK industrial output beats forecasts, official figures show
UK industrial production was stronger than forecast in March, official figures show, boosted by manufacturing and a recovery in oil and gas output.
May 08, 2013
Euro Rallies as German Factory Orders Diverge from PMI Result
German manufacturing orders increased by 2.2% in March (seasonally adjusted), thereby vastly outperforming expectations for the factory orders to decline by 0.5%, and the March rise in orders was the same as the revised 2.2% rise reported in February.
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