Topic: Europe
SINGAPORE (Reuters) - Europe's debt crisis has significantly worsened, threatening global markets, so it is essential to stabilise the region's bond markets, European Central Bank governing council member Christian Noyer said on Wednesday.The ECB will do whatever is necessary to ensure adequate ...
The government slashed its growth outlook on Tuesday, blaming the impact of the eurozone debt crisis, and unveiled a £30-billion infrastructure scheme to help kickstart the economy.Finance minister George Osborne, delivering his autumn statement to parliament, insisted however that there would be ...
The British government slashed its growth outlook on Tuesday, blaming the impact of the eurozone debt crisis, and unveiled a £30-billion infrastructure scheme to help kickstart the economy.Finance minister George Osborne, delivering his autumn statement to parliament, insisted however that there would ...
WASHINGTON (Reuters) - European Union Trade Commissioner Karel De Gucht said Tuesday that European import demand was holding up well despite the debt crisis, but trade could fall suddenly if a recession takes hold."When you get into a crisis you can have ...
WASHINGTON (Reuters) - European Union Trade Commissioner Karel De Gucht said Tuesday that European import demand was holding up well despite the debt crisis, but trade could fall suddenly if a recession takes hold."When you get into a crisis you can have ...
LONDON (Reuters) - Britain's coalition government unveiled sharply lower economic growth forecasts on Tuesday and said it would take much longer than hoped to wipe out its deficit, meaning tough austerity measures would extend beyond the next election due in 2015.Finance Minister ...
LONDON (Reuters) - The British government unveiled sharply lower economic growth forecasts on Tuesday and said it would take longer than hoped to wipe out its deficit, meaning that tough austerity measures would extend beyond 2015.Finance Minister George Osborne warned that the ...
Britain's economy faces a double-dip recession, according to new forecasts from the OECD, which predicts the economy will start to shrink again in coming months.In the latest edition of its twice-yearly forecasts, the think-tank predicts Britain's GDP (gross domestic product) will shrink ...
Morgan Stanley further slashed its growth forecasts for Asia next year due to increasing risks from the debt crisis in Europe and weakening domestic demand.Asia excluding Japan is now expected to grow 6.9 percent instead of its previous estimate of 7.3 percent, ...
ROME (Reuters) - Italy's prime minister faces a testing week as he seeks to shore up the country's strained public finances, with an IMF mission expected in Rome and market pressure building to a point where outside help may be needed to ...
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