ATHENS (Reuters) - Greece's current account deficit narrowed by close to a fifth in March, data showed on Wednesday, reflecting a sharp drop in imports as the country's austerity -hit consumers tighten their belts.
… more. EU leaders are due to meet in Brussels today as Germany comes under increasing pressure to agree to a softening of austerity and to eurobonds, ideas favored by Francois Hollande. However, as an EU diplomat puts it to Reuters: eurobonds are "the …
EU leaders are due to meet in Brussels today as Germany comes under increasing pressure to agree to a softening of austerity and to eurobonds, ideas favored by Francois Hollande. However, as an EU diplomat says: eurobonds are "the equivalent …
FRANKFURT, May 23 (Reuters) - Germany's Metro said improving sales will be its top priority this year as it battles to get austerity -hit European customers into its cash & carries, hypermarkets, consumer electronic shops and department stores.
By David Fry ( ETF Digest ): European stocks rallied early on news that the EU ministers are going for growth vs austerity . China had already chimed-in that it was going to do the same which provided a spark. Supposedly there's a rumor and …
LONDON, May 22 (Reuters) - Britain is looking at shifting its austerity programme toward a fresh emphasis on growth through state-backed investment in housing and infrastructure, Lib Dem Deputy Prime...
… of the dollar, as Greek and French voters rejected austerity measures . Greeks have been responding to their escalating ..... good for asset prices. The real solutions of fiscal austerity , which are probably not palatable to most politicians …
LONDON (Reuters) - Britain's struggling economy needs the Bank of England to pump in more money and possibly cut record-low rates, while the government should back off its austerity program if things get worse, the International Monetary Fund said on Tuesday.
* Should ensure ' austerity doesn't kill patient' - analyst
… to stay in the eurozone but opt for its own parallel currency . The Geuro would help Greece balance its budget without Troika help, which means Greece could jettison the strict austerity conditions attached to the aid money. 1 comment!