Topic: European Union

Driven by Germany, Europe posts 1% growth

Europe's economy outpaced the United States and Japan in the second quarter, EU data showed Thursday, but analysts warned that the German-powered growth would likely lose steam in the second half. The economy in the 16-nation eurozone grew by 1.0 percent between ...
Greece says recession milder than forecast but survey shows businesses strugglingGreece's recession is milder than initially expected and the economy will shrink by less than the forecast 4 percent this year, the finance minister said Wednesday, although a separate survey showed many ...
Domestic consumption and business investment have helped Germany post record growth and raised the chances that Europe's economic engine will keep chugging along this year, economists said on Tuesday. Stimulus measures have swollen public debt however, data from the national statistics office ...
Germany says budget deficit hits 3.5 percent of GDP in 1st half of 2010Germany's deficit rose sharply to 3.5 percent of economic output in the first half of 2010, putting it on track to break EU budget rules due to the costs ...
Powerhouse Germany posted its best economic growth since reunification on Friday, driving Europe past the United States in a four-year record but analysts warned the recovery could be peaking out. The strong performance, bolstered by peers France and Britain, sent stock markets ...
Powerhouse Germany posted its best growth since reunification on Friday, driving Europe past the United States in a four-year record but analysts warned the recovery could be peaking out. The strong performance, bolstered by peers Britain and France, helped stock markets higher ...
Germany posted Friday its best quarterly growth since reunification, driving Europe past the US in the recovery stakes as the continent recorded its best economic performance in four years. Accelerating recoveries in Britain, France and even Spain also helped nudge Europe's main ...

Buy your way into Montenegro for half a million euros

BELGRADE (Reuters) - Invest 500,000 euros ($657,500) in Montenegro and the European Union candidate says it will welcome you as a citizen. "Clearly established criteria on the part of the Montenegrin government will assure legal security in the acquisition of Montenegrin citizenship," ...

Crisis shuts down Athens stores: traders

The debt crisis and ensuing recession plaguing Greece has shut down some 15 percent of businesses in Athens, a study released by a leading trader association said on Monday. The research, taking into account over 3,400 shops in both affluent and low-income ...

Markets to issue verdict on stress tests

European bank stress tests will themselves be tested on Monday when investors return to markets in Europe and Asia with a verdict on an unprecedented bid to restore confidence in the EU banking sector. Market reaction will be crucial to determine whether ...
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