Topic: European Commission

Euro zone sentiment at 2-year low in November

BRUSSELS (Reuters) - Worries about the euro zone's debt crisis worsened in November and dragged the European Commission's economic and consumer sentiment index to a two-year low, heightening the risks of a recession in Europe.Business managers and consumers turned more pessimistic across ...

EC chief Barroso does not see recession in Europe

European Commission chief Jose Manuel Barroso on Monday said he did not expect Europe to slide into recession, calling the European Union and the euro "strong and resilient."On his first official visit to Australia, the Portuguese also stressed the need to strengthen ...

EC chief does not see recession in Europe

The head of the European Commission Jose Manuel Barroso on Monday said he did not anticipate Europe sliding into recession, instead seeing modest growth."We don't anticipate a recession in Europe. The latest forecast by the European Commission shows there will be growth, ...

New Lloyds bank boss set to axe more jobs

The new boss of Britain's state-rescued Lloyds Banking Group is due Thursday to axe thousands more jobs in a bid to transform its fortunes and save £1.0 billion ($1.6 billion, 1.1 billion euros) a year.Chief executive Antonio Horta-Osorio, who was parachuted into ...

Regling sees no more countries using EU safety net

VIENNA/FRANKFURT (Reuters) - The head of the European Union's safety net for countries struggling with public finances said on Saturday he did not think any more members would have to tap the euro zone rescue fund, for now."At the moment it does ...
A surge in confidence in Europe's economy fuelled hope Thursday that the region is finally overcoming its financial troubles just days after European banks largely survived a crash test.The Economic Sentiment Indicator produced by the European Commission soared in July to its ...

Europe's economic confidence soars

A surge in confidence in Europe's economy fuelled hope Thursday that the region is finally overcoming its financial troubles just days after European banks largely survived a crash test.The Economic Sentiment Indicator produced by the European Commission soared in July to its ...

EU says Greece reforms are broadly on track

BRUSSELS (Reuters) - Greece's fiscal and structural reforms, intended to pull it out of recession and end a sovereign debt crisis, are on track despite some shortcomings, the European Commission said.In a report from its June mission to Greece, the European Union's ...

INTERNATIONAL ECONOMY

Indicators suggest that the slower momentum that has developed in the Euro Area in 2008 will persist into 2009. The European Commission expects Great Britain to experience recession in the second half of 2008 and to achieve real gross domestic product (GDP) ...

UK renewal schemes set for 200m EC advance

The article offers information on the regeneration programmes initiated by the European Commision (EC) in Europe. According to Jose Manuel Barroso, EC president, regeneration programmes in Great Britain are scheduled to receive an advance of ?200 million of regional aid in 2008 ...
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