August 29, 2014

France's jobless total rises sharply in July

The number of people looking for work in France rose 0.8% in July to a new record of 3,424,400. The sharp rise confirms a longer term trend with the number of jobless rising 4.3% over the last year.

August 28, 2014

GLOBAL MARKETS-Euro, bond yields dip as looser ECB policy eyed

LONDON, Aug 26 (Reuters) - The euro hit its lowest level against the dollar in nearly a year and euro zone government bond yields fell to record lows on Tuesday on expectations the European Central Bank might ease monetary policy as soon as next week.

August 27, 2014

Germany should drive economic recovery in Europe, IMF chief says

Geneva (AFP) - IMF chief Christine Lagarde wants Germany to play a bigger role in propelling economic recovery in Europe, she hinted in an interview broadcast on Monday, suggesting that German wages should rise.

August 26, 2014

European Stocks Climb After Draghi Signals More Stimulus

European stocks rose to their highest level this month, following two weekly increases, after European Central Bank President Mario Draghi signaled policy makers are ready to add stimulus.

August 25, 2014

E.C.B. Chief Seeks Tax Cuts and State Spending

JACKSON HOLE, Wyo. — Mario Draghi, president of the European Central Bank, said Friday that European governments needed to move from a focus on austerity to a “more growth-friendly composition of fiscal policies.”