August 29, 2013

Greece eyes fresh aid, but wary of more austerity

Stuck in its debt crisis but confident of progress made after two major bailouts, recession-mired Greece is unsure of what an inevitable third package will look like.

August 28, 2013

Euro-Area Economic Confidence Seen Up to 17-Month High

Economic confidence in the euro area probably rose to the highest level in 17 months in August, adding to signs that the currency bloc’s recovery from a record-long recession is gathering pace.

August 27, 2013

Poland’s Outlook Cut to Stable at Fitch on Wider Budget Deficit

Poland had its rating outlook reduced to stable from positive at Fitch Ratings, which cited the country’s reduced fiscal credibility.

August 26, 2013

Bank of England's rate guidance aims to boost confidence: Charlie Bean

LONDON: The Bank of England's decision to provide explicit guidance on the path of interest rates was motivated by the desire to give consumers and firms more confidence to spend, deputy governor Charlie Bean said on Saturday.

August 25, 2013

Greek bailout talk inserts euro crisis into German vote, gives Merkel opponents ammunition

BERLIN – Chancellor Angela Merkel's opponents are assailing her credibility after her finance minister said Greece will need a third bailout package — injecting Europe's debt crisis for the first time into the campaign for next month's German elections.