February 23, 2013

French services activity weakest in 4 years in February

PARIS: French service sector activity shrank in February at its fastest rate in nearly four years, a survey showed on Thursday, suggesting the euro zone's No. 2 economy is far from the turnaround emerging in Germany.

February 21, 2013

Greeks in fresh general strike against austerity

Tens of thousands of Greeks are taking part in the first general strike of 2013, as workers renew their protest over austerity measures.

February 20, 2013

Bundesbank: German economy to avoid recession

FRANKFURT (AP) — German's central bank says the country's economy is on track to avoid a recession as it shows signs of growth in the first three months of the year.

February 18, 2013

Cyprus votes for leader to steer it past financial storm

(Reuters) - Cypriots went to the polls on Sunday to elect a president who must negotiate a financial rescue to save the island country from a bankruptcy that would reignite the euro zone debt crisis.

February 17, 2013

Europe to call on Japan, U.S. to consolidate public finances

MOSCOW (Reuters) - The European Union will urge the United States and Japan on Friday to consolidate public finances over the medium term to remove what it believes is one of the main risks to the global economy now.