Euro zone first-quarter growth disappoints, puts pressure on ECB to act

(Reuters) - The euro zone economy grew much less than expected at the start of the year and inflation remained locked in the 'danger zone' below 1 percent, increasing pressure on the European Central Bank to ease monetary policy at its next meeting in June.

Greece denies plan for retroactive tax on foreign bondholders

(Reuters) - Greece's government on Thursday denied it had instituted a retroactive tax on foreign holders of Greek bonds, and revoked a tax document that spooked investors and sent yields to near two-month highs.

Pound Bulls Unfazed by Carney’s Tone Say Rally Isn’t Over

Pound bulls still have reason to be optimistic following the Bank of England’s attempts to temper interest-rate expectations, according to firms from Bank of New York Mellon to Mizuho Bank Ltd.

ECB Channels Trichet’s Strong Vigilance to Signal Easing

The European Central Bank is preparing multiple measures against too-low inflation that could be used as soon as next month, policy makers said.

Pensions staff axed after exodus from annuities

The troubled pensions provider Just Retirement yesterday admitted it will be forced to cut jobs across its 800-strong workforce due to radical reforms in March’s Budget.