Politics poses biggest risk to euro zone endurance
With the euro zone bond market back to irrational exuberance and economic growth returning slowly if unevenly, politics rather than economics now poses the biggest threat to the long-term endurance of Europe's single currency.
Politics poses biggest risk to euro zone endurance
With the euro zone bond market back to irrational exuberance and economic growth returning slowly if unevenly, politics rather than economics now poses the biggest threat to the long-term endurance of Europe's single currency.
Eurogroup head: U.S. fines for European banks 'much too high'
The head of the group of euro zone finance ministers hit out on Thursday at the size of the fines being imposed on European banks by U.S. authorities, calling them "over-excessive" and "much too high".
Putin says Gazprom may need new capital after China deal
President Vladimir Putin said on Wednesday that Russia should consider recapitalizing state gas company Gazprom after a $400 billion deal with China which will require multi-billion-dollar investments in pipelines and new fields.
China state media calls for 'severe punishment' for Google, Apple, U.S. tech firms
Chinese state media lashed out at Google Inc, Apple Inc and other U.S. technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the U.S. government for monitoring China and stealing secrets.
With euro zone inflation disappearing, ECB poised to act
Euro zone inflation fell unexpectedly in May, all-but sealing the case for the European Central Bank to act this week with a batch of measures to stimulate the economy and keep it from the clutches of deflation. Annual consumer inflation in the 18 countries sharing the euro fell to 0.5 percent in May from 0.7 percent in April, the EU's statistics office Eurostat said on Tuesday. Economists polled by Reuters had expected inflation to remain steady.
Rebound in euro zone credit ratings: overdue or overshoot?
Rating agencies are falling over each other to upgrade the euro zone's crisis countries, but with debt levels in most still rising and growth and reforms slow, the question is whether the new-found optimism has swung too far.
Egypt's Sisi wins presidential election
Abdel Fattah al-Sisi, the general who toppled Egypt's first freely elected leader, took more than 90 percent of the vote in a presidential election, provisional results showed on Thursday, joining a long line of leaders drawn from the military.
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