May 21, 2013

British PM David Cameron urges more action on tax from UK territories

LONDON: Britain called upon its overseas territories to "get their house in order" over the sharing of tax information on Monday as the UK looks to lead a global fight against tax evasion ahead of a meeting of the world's wealthiest states.

May 20, 2013

Every cent helps: euro zone explores scrapping smallest coins

BRUSSELS (Reuters) - Saving pocket change may not end the euro zone crisis, but the European Commission hopes that scrapping the smallest coins could help penny-pinching governments cut costs.

May 18, 2013

France enters recession; Hollande under pressure

PARIS: President Francois Hollande holds a key press conference on Thursday, a day after his first anniversary in office was marred by news that holland France had fallen back into recession amid plummeting economic indicators.

May 17, 2013

Germany can't stop euro zone from sinking into longest recession

(Reuters) - Germany's economy crept back into growth at the start of the year but not by enough to stop the euro zone from contracting for a sixth straight quarter, and France slid into recession.

May 16, 2013

Hungary Exited Recession in First Quarter, Poll Says

Hungary’s economy probably exited its second recession in four years in the first three months of 2013, posting growth from the previous quarter for the first time since 2011, a survey of economists showed.