October 19, 2014

OECD sees French reforms boosting GDP growth 0.3 percent points per year

(Reuters) - The OECD prodded France on Friday to step up the pace of its reforms, though it estimated that those already in the pipeline would gradually deliver tangible economic growth gains.

October 18, 2014

Borrowing costs jump for fragile euro zone states

LONDON (Reuters) - Borrowing costs for some of the euro zone's most highly indebted southern states shot higher on Thursday, as fears of slowing economic growth wounded confidence that the European Central Bank could avert another debt crisis in the bloc.

October 17, 2014

ECB eyes extra funding for Greek banks as Athens markets plunge

(Reuters) - The European Central Bank will loosen its terms for accepting security from Greek banks to allow them to tap more of its funding, offering the country's lenders support as stock and bond markets in Athens tumble.

October 16, 2014

Surprise inflation fall may put interest rate rise on hold

The prospects of an interest rate rise in the next few months have dimmed after inflation fell to a five-year low last month. Official figures showed inflation dropped to 1.2% in September from 1.5% in August as food and fuel prices fell.

October 15, 2014

Ireland to close ‘double Irish’ tax loophole

Apple and other multinationals based in Ireland are to be given a four-year window before the phasing out of a scheme that cuts their tax bills.