April 30, 2013

Euro-Area Economic Confidence Falls More Than Forecast

Economic confidence in the euro area decreased more than economists forecast in April as the 17- nation currency bloc struggled to emerge from a recession and the bailout of Cyprus renewed debt-crisis concerns.

April 29, 2013

German finance minister calls anti-euro party's policy "insane"

BERLIN (Reuters) - A core policy of a new anti-euro party was criticized as "economically insane" by German Finance Minister Wolfgang Schaeuble in an interview published on Sunday.

April 28, 2013

Stalemate over, Italy's Letta names new government

ROME (Reuters) - Italian center-left politician Enrico Letta named a coalition government on Saturday, making one of Silvio Berlusconi's closest allies deputy prime minister and ending two months of damaging political stalemate.

April 27, 2013

European Stocks Post Biggest Weekly Gain in Five Months

European stocks posted the biggest weekly gain in five months as investors speculated the region’s central bank will cut rates and as companies from BASF SE to Standard Life (SL/) Plc reported better-than-expected results.

April 26, 2013

Cyprus further eases limits on money transfers

NICOSIA, Cyprus (AP) — Cyprus significantly eased restrictions on money transfers inside and outside the country Thursday to help businesses spur a deeply slumping economy.