Christine Lagarde angers Spain with repeat prescription of austerity

Christine Lagarde, the head of the International Monetary Fund, has poured cold water on claims from the Spanish government that the recession is over and the country is on the road to recovery.

No impact on euro zone from Ukraine crisis but potential for trouble is great: Draught

FRANKFURT (Reuters) - European Commission President Mario Draghi said on Thursday that from a purely financial standpoint the crisis in Ukraine should not have much impact on the euro zone.

Bank of England keeps rates on hold at 0.5%

The Bank of England has kept rates on hold at 0.5 per cent, marking the fifth anniversary of ultra-loose monetary policy.

Italy PM Renzi pledges job creation, housing reforms next week

(Reuters) - Italy's new Prime Minister Matteo Renzi pledged on Wednesday to introduce a series of "very important reforms" next week to help create jobs, make housing more affordable and remodel crumbling school buildings.

Spain's February jobless slips 0.04 pc m/m to 4.8 million

MADRID: Spain's government hailed Tuesday a wafer-thin cut in the nation's jobless queues in February, a fresh sign that the labour market is stabilising after the loss of millions of jobs since 2008.