October 20, 2013

Europe’s Slow Progress on Banking Reform

The European Union last week moved one step closer to establishing a banking union that could help address problems in its financial system.

October 18, 2013

Euro-Zone Current-Account Surplus Widened in August

The euro zone's current-account surplus widened in August, after narrowing in July, data from the European Central Bank showed Thursday.

October 17, 2013

Euro-zone banks face big capital shortfalls after next stress test - survey

LONDON (Reuters) - Investors fear euro-zone banks will have to find tens of billions of euros of new equity next year after another industry health check designed to draw a line under the financial crisis.

October 16, 2013

UK inflation rate unchanged at 2.7% in September

UK inflation measured by the consumer prices index (CPI) was 2.7% in September, unchanged from August. The retail prices index (RPI) measure of inflation fell slightly to 3.2% from 3.3% in August.