May 27, 2014

Stocks rise, euro drops as EU and Ukraine election results come in

European stock markets moved higher Monday as election results rolled in from the European Union and Ukraine. Germany's DAX index led the way with a 1.3% rise.

May 26, 2014

Hungary Economic-Sentiment Index Drops from 16-Year High

Hungary’s economic-sentiment index dropped in May after turning positive for the first time in almost 16 years in April, as business and consumer confidence deteriorated after Prime Minister Viktor Orban’s re-election.

The eurozone is starting to recover. Now the new phase of its crisis begins

Brace yourself for the next phase in the eurozone crisis, due to come around any time soon. That might seem an odd thing to say.

May 25, 2014

Spain wins third credit upgrade as economy brightens

Madrid (AFP) - Standard and Poor's boosted Spain's credit rating on Friday, hailing signs of economic recovery despite massive unemployment in the eurozone's fourth-biggest economy.

Euro zone first-quarter growth disappoints, puts pressure on ECB to act

(Reuters) - The euro zone economy grew much less than expected at the start of the year and inflation remained locked in the 'danger zone' below 1 percent, increasing pressure on the European Central Bank to ease monetary policy at its next meeting in June.