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  1. News - World - EUROPE

    Latvia brings dirty money headache to euro zone as it enters monetary union

    Posted Jan 01st 2014, 03:26am by AP

    ... Associated Press in Riga, Latvia As nation joins monetary union, observers see its loose financial oversight as a problem Latvia brings dirty money headache to euro zone When Latvia adopts ... nine months ago that the euro zone had to rescue Cyprus, a similarly tiny member state that also specialised in attracting huge deposits from Russia. Since then, euro-zone leaders have vowed ...

  2. Business - Economy

    Euro-zone conditions slip but key states shine

    Posted Nov 07th 2013, 03:09am by Reuters

    ... Reuters in London Euro-zone conditions slip but key states shine The euro zone's economic recovery lost a little momentum last month, according to surveys that showed only modest growth in German and French businesses. Data from non-euro zone member Britain impressed again, however, and German industrial orders jumped. The data underlines the uneven nature of overall ...

  3. Business - Economy

    Euro zone loan slump puts onus on ECB to keep rates low

    Posted Aug 28th 2013, 11:48pm

    ... Reuters in Frankfurt Lending to the euro zone’s private sector contracted further in July, dragging on the euro zone’s nascent economic recovery and keeping up pressure on the European ... of the region-wide figure, which matched the lowest reading in a Reuters poll of economists, showed declines were generally steeper on the euro zone’s struggling periphery, adding to evidence ...

  4. Business - Economy

    Germany, France drag down euro-zone recovery

    Posted Nov 15th 2013, 03:10am by BLOOM

    ... Bloomberg in Frankfurt and Paris Germany, France drag down euro-zone recovery The euro area's nascent economic recovery lost momentum in the third quarter as growth in Germany slowed and France's economy unexpectedly shrank. Gross domestic product in the euro area rose 0.1 per cent in the three months to September, down from a 0.3 per cent expansion in the second quarter, ...

  5. News - World - EUROPE

    Fears over Greece haunt a recovering euro zone

    Posted Aug 24th 2013, 12:00am by GDN

    ... a recovering euro zone Dutch Finance Minister Jeroen Dijsselbloem has become the latest politician to concede Greece may need a third bailout, casting a shadow over news that euro-zone companies ... next month, were a reminder that the euro zone is still not out of the woods, despite an upbeat survey suggesting economic recovery in the 17-member bloc is gathering strength. The monthly ...

  6. Business - Economy

    Bright euro-zone outlook boosts German sentiment

    Posted Oct 16th 2013, 12:00am by Reuters

    ... Reuters in Mannheim, Germany Bright euro-zone outlook boosts German sentiment German analyst and investor sentiment improved more than expected this month on signs that the recession in the euro zone is bottoming out, a survey showed yesterday, underscoring a brightening outlook for Europe's largest economy. The ZEW think tank's monthly poll of economic sentiment stood ...

  7. Business - Economy - DEBT

    Government bond sales in euro zone to fall on recovery

    Posted Oct 23rd 2013, 03:54am by BLOOM

    ... Bloomberg in London Signs of an economic upturn and improvement in budget outlook to help limit borrowing Government bond sales in euro zone to fall on recovery Government bond sales in the euro area are set to fall next year to the lowest since the sovereign-debt crisis that threatened to splinter the common currency began, according to Morgan Stanley. The decline, led primarily ...

  8. Comment - Insight & Opinion - LEADER

    Credit to Angela Merkel for preventing a break-up of the euro zone

    Posted Sep 28th 2013, 12:00am by SCMP Editorial

    ... states within the euro zone. There is no doubt that the German economy benefited enormously from the euro-driven economic union. But when the crisis broke out, German taxpayers, understandably, ... the step-by-step approach rather than any grand reform schemes. Euro-zone bonds to lower sovereign borrowing costs? No way. An even tighter banking union than currently planned? Forget it. She perceived ...

  9. Business - Economy - ANALYSIS

    Euro zone current account surplus pressures Germany

    Posted Oct 02nd 2013, 12:00am by Reuters

    ... Alan Wheatley Austerity-hit neighbours seen pushing the new government for policies to lift nation's imports Euro zone current account surplus pressures Germany A sharp rise in the euro zone's current account surplus puts the focus firmly on what Germany's new government can do to boost consumption and revive in-vestment in Europe's largest economy. ...

  10. Business - Banking & Finance

    Transaction tax would cost British savers 4.4 billion euros, report says

    Posted Feb 18th 2014, 11:27am by Reuters

    ... Reuters in London A planned tax on financial transactions in 11 euro-zone countries would cut the value of household savings in non-participating Britain by 4.4 billion euros (HK$46.8 ... countries that plan to introduce the tax, for example, the impact is in the order of 80 billion euros in Spain to 205 billion in Italy, representing a loss of up to 16 per cent of the value ...




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