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Europe News

EU economic commissioner: "We need reforms capable of reconciling Europeans with Europe"

Euronews spoke to the EU Commissioner for Economic and Financial Affairs, Pierre Moscovici, at the Brussels Economic Forum

Economy

Standard and Poor's interest rate warning

Standard and Poor's has warned that as borrowing costs go up some countries could see their credit ratings cut or outlooks lowered, with the most pronounced problem in the eurozone.

Switzerland

Swiss vote for money for nothing

The EU says it is pondering a pilot scheme for a bloc-wide basic income for all, and this weekend the Swiss actually get to decide on the idea in one of their referendum votes, the first country to vo

World News

All you need to know about the Universal Basic Income

Switzerland will become the first country to hold a national vote on whether to introduce a Universal Basic Income (UBI).

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Economy

Another US interest rate hint from the Federal Reserve

One of the top policymakers at the US central bank is dropping strong hints about the cost of borrowing going back up there.

Economy

Eurozone ministers agree "breakthrough" deal with Greece

Eurozone finance ministers have agreed to offer Greece debt relief in 2018.

Economy

IMF welcomes Saudi reforms

The International Monetary Fund is applauding Saudi Arabia's sweeping reform plan calling it "an appropriately bold and far-reaching transformation".

Brazil

Brazil's new government sets sights on reversing economic slump

Brazil’s newly installed Cabinet is getting to work, in the wake of Dilma Rousseff’s suspension. The economy is a priority for incoming interim

Business Series

Tesco supermarket boss gets bumper pay packet for turnaround

British supermarket chain Tesco has paid its Chief Executive Dave Lewis a cash and shares bonus worth 3.8 million euros for turning around the retailer.

Economy

Kerry tries to reassure nervous European banks on trade with Iran

US Secretary of State John Kerry has said European banks have nothing to fear from resuming business with Iran now that some sanctions have been lifted.

Economy

Eurogroup: progress but no Greek reform deal yet

Eurozone finance ministers say there has been progress on a deal between Greece and its lenders but there is still some way to go.

Economy

ECB pledges low borrowing costs 'as long as needed' but no helicopter money

European Central Bank President Mario Draghi has vowed to use all the tools at his disposal for "as long as needed" to return the eurozone economy to growth.

World News

Why money is undermining our financial system

Economy

Greece and troika move closer to review of bailout deal

Greece and the troika of international lenders are moving closer to a deal on a review of bailout reforms, which could free up more aid to help the cash strapped country.

World

David Cameron: a question of trust

Iceland's prime minister was the first head to roll after the Panama Papers leak, David Cameron must now be wondering if he can weather the media storm and win back the public's trust.

World News

Will the Panama Papers affect the UK referendum result?

Concerns the outcry over offshore accounts will play into the anti-EU narrative ahead of the vote in June

World News

Calls for Argentine president to quit after 'Panama Papers' revelations

Protesters in the Argentine capital Buenos Aires have been calling for the country’s president Mauricio Macrito step down after the so-called Panama

United Kingdom

Cameron admits selling shares in father's offshore company

The British Prime Minister David Cameron has said he and his wife did own shares in an offshore trust run by his late father. Blairmore Holdings was

Economy

Cyprus starts working week out of bailout

Cyprus has kicked off the working week standing on its own two feet. Its EU bailout has officially finished, as it bounces back from financial

Panama

Panama Papers summary: the financial secrets of the global elite

A cache of more than 11 million secret documents has cast a light on the financial dealings of some of the world’s richest and most powerful people