AFP – The euro rose against the dollar here on Thursday as Germany said that its economy, the biggest in Europe, would grow far faster than expected in 2010, while sterling slumped on weak retail sales data.
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All About Stock MarketTag Archive | "Stock market – Europe"
Euro higher as German forecasts stronger growth (AFP)
Posted on 21 October 2010.
Posted in Stock Market, Stock market - EuropeComments (0)
ECB chief opposes new EU budget rules (AP)
Posted on 21 October 2010.
AP – The European Central Bank’s chief does not support all the proposed new budget rules for the eurozone that leave penalties for overspending nations up to EU governments, who in the past have shown themselves unwilling to impose any.
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Ireland: No deal with opposition on budget cuts (AP)
Posted on 21 October 2010.
AP – Prime Minister Brian Cowen failed Wednesday to persuade Ireland’s major opposition leaders to support his plans for reining in a runaway budget deficit over the next four years.
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Summary Box: German industry group expects hiring (AP)
Posted on 20 October 2010.
AP – ITCHING TO HIRE: An industry group says German companies are increasingly happy with their business situation and more are looking to hire workers as the economy recovers strongly.
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EU wants bad banks to fail without costing taxpayers (AFP)
Posted on 20 October 2010.
AFP – The European Commission called on Wednesday for the creation of a system to allow troubled banks to fail without jeopardising the financial sector and forcing taxpayers to save them.
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ECB official gives cool reaction to eurozone reforms (AFP)
Posted on 20 October 2010.
AFP – European Central Bank chief economist Juergen Stark replied cautiously Wednesday to a European Union deal hailed as the eurozone’s “biggest reform” ever, saying that remained to be seen.
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FTSE 100 shares rebound (AFP)
Posted on 20 October 2010.
AFP – London shares rose at the end of trade on Wednesday as positive corporate figures boosted investor confidence.
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EU sets out plans for managing troubled banks (AP)
Posted on 20 October 2010.
AP – The European Commission outlined radical measures Wednesday to deal with banks that run into trouble with the key aim of making shareholders and creditors, not taxpayers, foot the bill.
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UK government stakes its future on austerity plan (AP)
Posted on 20 October 2010.
AP – Recession-battered Britain learns the true cost of the global financial crisis Wednesday, as the country’s government outlines the largest cuts to public spending since World War II — slashing benefits and public sector jobs with a five-year austerity plan aimed at clearing the nation’s debts.
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Russia to join WTO within a year, Obama aid says (AP)
Posted on 20 October 2010.
AP – President Barack Obama’s senior economic adviser says Russia will join the World Trade Organization within the next 12 months.
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