March 02, 2013

Euro-Area Unemployment Climbs to Record on Recession

The euro-area inflation rate fell below the European Central Bank’s 2 percent ceiling for the first time in more than two years and unemployment climbed to a record as the currency bloc remained mired in recession.

March 01, 2013

Eurozone crisis still choking credit demand: ECB

FRANKFURT: Bank lending to private households in the euro area remains weak as the long-running debt crisis continues to choke demand for credit, European Central Bank data showed on Wednesday.

February 28, 2013

French finance minister - "Worrying" Italy vote shows Europe needs growth

PARIS (Reuters) - Italy's inconclusive election shows Europe's leaders must give voters across the region hope of stronger growth to offset painful austerity, French Finance Minister Pierre Moscovici said on Tuesday.

February 27, 2013

So Does Italy Now Aim To Take The Euro Down?

By Friday of last week good money was bettingagainst the UK pound but by Monday morning the Euro was back in the frame, courtesy of an Italian election that looked likely to favor anti-austerity politicians.

February 26, 2013

France seeks extra 6 bn euros in taxes in 2014: Minister

PARIS: The French government will have to raise an extra 6 billion euros in taxes next year to make up for a shortfall in its finances, the budget minister said on Monday.