EU to clamp down on tax evasion: European Commission

BRUSSELS: EU governments lose a "scandalous" one trillion euros ($1.3 trillion) a year to tax dodgers and that has to stop now to prevent further damage to state finances and the economy, the European Commission said on Thursday.

Finland slips into recession as exports stall

HELSINKI: Finland slipped into recession in the third quarter as the euro zone debt crisis dented demand for exports from one of its smallest and most secure economies, data showed on Wednesday.

UK to announce 5 billion pounds capital investment for growth

LONDON (Reuters) - Chancellor George Osborne will invest 5 billion pounds in schools, science and transport projects, the government said on Tuesday.

Euro-Area Finance Chiefs Confident Greek Debt Buyback to Succeed

European finance ministers voiced confidence that Greece will pull off a successful bond buyback, the key element in a revamped effort to stem the debt crisis in the country where it started.

Euro zone crisis drags down European ad spending: report

LONDON (Reuters) - The euro zone crisis has left Western Europe the only world region to see a fall in advertising spending this year, market research group ZenithOptimedia said.