PARIS: France will probably miss its goal to cut the public deficit to 3 per cent of economic output this year, Foreign Minister Laurent Fabius said on Wednesday, the first government official to admit that analysts' doubts are valid.
February 14, 2013
February 13, 2013
ECB's Draghi: Spain is 'on the right track'
MADRID (AP) — Spain has succeeded in stabilizing a banking system that almost collapsed last year and is well-positioned for better economic times going forward, European Central Bank President Mario Draghi said Tuesday.
February 12, 2013
French official industrial output slumps 2.2% in 2012
PARIS: French industrial production fell by 2.2 percent in 2012 from the level of output in 2011, the national statistics institute INSEE told AFP on Monday.
February 11, 2013
ECB's Visco says markets watching Italy closely
ROME (Reuters) - Financial markets remain keenly focused on Italy's ability to control its public finances and pursue reforms to lift its stagnant economy, European Central Bank governing council member Ignazio Visco said on Saturday.
February 10, 2013
Germany's trade surplus rises to second highest level since 1950
Germany's trade surplus has risen to its second highest level in more than 60 years after an unexpected drop in imports in December.
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