June 20, 2014

Irish finance minister says new EU calculation could add over 1 percent to GDP

(Reuters) - New EU rules on calculating economic output could boost Ireland's gross domestic product by over 1 percent and mean a little less austerity next year, Finance Minister Michael Noonan said on Wednesday.

June 19, 2014

June 18, 2014

Germany, France Seek Eased Euro Deficit Rule Amid Austerity

Germany and France are seeking to ease the euro area’s deficit rules to reflect efforts by governments to fix their economies, German Economy Minister Sigmar Gabriel said.

June 17, 2014

Funds keep faith with euro money markets as rates dwindle

LONDON (Reuters) - The European Central Bank's decision to cut its deposit rate below zero is unlikely to cause a stampede out of euro zone money market funds, with some investors expecting yields to stay positive in the near term.

June 16, 2014

Iraq crisis, UK rate warnings hit European shares

LONDON, June 13 (Reuters) - Major European stock indexes ended lower on Friday, with British equities slipping on the possibility of an early rate hike and travel stocks hurt by concern the Iraq conflict will raise oil prices.