Topic: Western Europe
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 ...
Belgium fell in behind model eurozone pupils Italy and Greece on Saturday, its feuding politicians ending 19 months of deadlock with an 11th-hour budget deal that met EU strictures hours after a brutal downgrade."There is an agreement," French-speaking Socialist premier-to-be Elio Di ...
LISBON (Reuters) - Portuguese workers' general strike halted public transport and some factories in many parts of the country on Thursday and thousands marched to protest against austerity measures imposed as the price of an EU/IMF bailout.The 78 billion euro ($100 billion) ...
LISBON (Reuters) - Portuguese workers went on strike on Thursday, halting public transport and factories in many parts of the country to protest against harsh austerity measures imposed as the price of an EU/IMF bailout.The rescue funds are designed to keep Portugal ...
MADRID (Reuters) - Millions are out of work and a recession looms, all the more reason for Spaniards to dig deep into their pockets to gamble on the famous El Gordo (Fat One) Christmas lottery, the world's biggest jackpot, which will make ...
MADRID (Reuters) - Prime Minister-elect Mariano Rajoy faces the first test on Tuesday of whether markets have been reassured by his conservative party's sweeping election victory when Spain tries to sell up to 3 billion euros ($4 billion) of short-term government debt.Investors ...
PARIS (Reuters) - Moody's warned France on Monday that a sustained rise in its debt yields coupled with weakening economic growth could harm its ratings outlook, fuelling concern the euro zone's second largest economy might lose its coveted AAA status.Worries about a ...
MADRID (Reuters) - A landslide conservative win in Spain's election failed to calm markets on Monday and Prime Minister elect Mariano Rajoy was under pressure to end uncertainty by giving rapid details of his policies to combat the worst economic crisis for ...
MADRID (Reuters) - Prime Minister elect Mariano Rajoy was under pressure on Monday to give rapid details of his policies to overcome the worst economic crisis for generations, after his center-right party won Spain's biggest election victory in 30 years.The euro zone ...
MADRID (Reuters) - Mariano Rajoy, who will become Spain's new prime minister after a sweeping election victory on Sunday, is a cautious moderate who makes an unlikely crisis manager for a country engulfed in the euro zone's debt crisis.The colorless 56-year-old former ...