October 16, 2014

Surprise inflation fall may put interest rate rise on hold

The prospects of an interest rate rise in the next few months have dimmed after inflation fell to a five-year low last month. Official figures showed inflation dropped to 1.2% in September from 1.5% in August as food and fuel prices fell.

October 15, 2014

Ireland to close ‘double Irish’ tax loophole

Apple and other multinationals based in Ireland are to be given a four-year window before the phasing out of a scheme that cuts their tax bills.

October 14, 2014

Greece to get 381 million euros from mobile phone spectrum sale

(Reuters) - Greece will raise 381 million euros from the sale of mobile phone frequencies to its biggest telecom operator OTE (OTEr.AT), Vodafone (VOD.L) and Wind Hellas, the minimum price set in the tender, its telecoms regulator said on Monday.

October 13, 2014

PM Valls urges Europe to respect France, and its budget

(Reuters) - French Prime Minister Manuel Valls said on Saturday that it is up to France to decide on its budget and that Paris should be treated with respect by its European partners.

October 12, 2014

IMF warns period of ultra-low interest rates poses fresh financial crisis threat

A prolonged period of ultra-low interest rates poses the threat of a fresh financial crisis by encouraging excessive risk taking on global markets, the International Monetary Fund has said.