Monday, December 01, 2014

German Opposition at ECB Hardens as Lautenschlaeger Rebuffs QE

Germany’s board member at the European Central Bank said quantitative easing isn’t the right choice for the euro area at present, hardening a split among policy makers on how to respond to slowing inflation.

Sunday, November 30, 2014

EU's Juncker says Luxembourg 'had no choice' on tax

Belgium - New European Commission chief Jean-Claude Juncker on Friday defended his country Luxembourg's controversial tax deals with global firms, saying it had no choice if it wanted to stay competitive.

Saturday, November 29, 2014

India scraps gold import curbs

Leading gold buyer India has announced it has eased controls on imports of the yellow metal after its current account deficit narrowed sharply.

Friday, November 28, 2014

Philippines economy slows sharply in third quarter

Growth in the Philippine economy slowed sharply in the third quarter due to weaker growth in all sectors, the government said.

Thursday, November 27, 2014

UK GDP growth: fears mount that plan to rebalance economy is failing

Britain’s recovery remained on track in the third quarter but fresh figures revealed growth was heavily reliant on the consumer, leaving the government’s much hoped-for rebalancing of the economy elusive.

Wednesday, November 26, 2014

French econ min Macron: govt needs to cut spending for fiscal consolidation

(Reuters) - French Economy Minister Emmanuel Macron said on Tuesday the government has to take steps to make public debt more sustainable by cutting government expenditure.

Tuesday, November 25, 2014

Czech Consumer Confidence Positive First Time in 7 Years

Czech consumer confidence turned positive for the first time in more than seven years, adding to signs that the central bank’s yearlong effort to keep the koruna weak spurred household demand by helping avert deflation.