July 28, 2014

IMF urges 'steady implementation' of Ukraine loan program

(Reuters) - The International Monetary Fund urged Ukraine's leaders on Friday to press forward with "steady implementation" of economic reforms agreed with the fund, a day after the prime minister tendered his resignation.

July 27, 2014

Eurogroup's Thomas Wieser sees euro zone reforms biting slowly

VIENNA: Reforms to cut public and private debt in euro zone countries could take up to a decade to have a sustainable effect on growth in the bloc, the head of the Eurogroup's working group told a newspaper.

July 26, 2014

UK economy back at pre-crisis level

The UK economy grew by 0.8% in second quarter of 2014, official figures show The figures, from the Office for National Statistics (ONS), show the economy is now 0.2% ahead of its pre-crisis peak, which was reached in the first quarter of 2008.

July 25, 2014

Euro zone business on solid footing in July but firms cut prices - PMI

(Reuters) - The euro zone's private sector expanded at the fastest rate in three months in July, although faster growth in new business was driven mainly by companies cutting prices again, surveys showed on Thursday.

July 24, 2014

Euro zone's debt rises in first quarter, set to peak this year

(Reuters) - Euro zone public debt rose to 93.9 percent of economic output in the first quarter of this year, approaching the peak it is expected to reach later in 2014, official data showed on Tuesday.