latest economy news
Bernanke says Fed stimulus continues for now
Monetary stimulus from the US central bank is helping the country’s economy recover, but the head of the Federal Reserve Ben Bernanke has said policymakers will need to see further signs of improvement before easing off on that stimulus. He told the Joint Economic Committee of the US Congress…
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Vatican financial body finds possible money laundering
The scandal plagued Vatican Bank has published the first annual report…
22/05 19:00 CET -
IMF austerity warning to Britain
The International Monetary Fund is urging Britain to do more to boost growth in the face of the slow economic recovery there. But that is…
22/05 16:18 CET -
EU bank customers to contribute to bail-ins?
Bank customers across the European Union are facing the prospect of a Cyprus style bail-in if a financial institution gets into trouble. The…
21/05 18:04 CET -
Greek banks to be sold
Two of Greece’s banks are set to be sold under the country’s plans to revive the finance sector. Smaller lenders Hellenic…
20/05 14:29 CET -
Slovenia’s shaky banks bring a downgrade from Fitch
It was not unexpected – late on Friday the Fitch ratings agency…
17/05 19:32 CET -
Italy freezes hated property tax, doesn’t say how will make up shortfall
Italy’s coalition government is to freeze a controversial…
17/05 18:59 CET -
European car sales rise, but it is a ‘dead cat bounce’?
For the first time in a year and a half, car sales in Europe rose, but…
17/05 15:39 CET -
Turkey gains investment grading from Moody’s
Turkey’s economy has been given a boost with an upgrade by the…
17/05 14:17 CET -
Stimulus measures boost Japan’s growth
Japan’s economy enjoyed rapid expansion in the first three months of the year. Gross domestic product rose by a better than expected…
16/05 17:03 CET
