There is, after all, hope for France and Italy, the two main reform laggards in Europe's single-currency area.Friday, 4 April, 2014, 5:25am
US President Barack Obama set the chattering classes abuzz after his unilateral decision to raise the minimum wage for newly hired federal contract workers.1 Apr 2014 - 3:21am 7 comments
At a time when cynicism and scepticism about European integration are at a record high, the drama unfolding in Ukraine is a salutary reminder that the values of freedom, democracy and the rule of law remain a beacon of hope to many in post-Soviet Eastern Europe.28 Feb 2014 - 5:12am
The United States Federal Reserve adopted a tight new rule for foreign banks on Tuesday to shield the US taxpayer from costly bailouts, ceding only minor concessions despite pressure from abroad to weaken the rule.20 Feb 2014 - 12:52am
Shipping lines are fighting a new environmental regulation that they said will not only lead to stringent control over their operations but will also pave the way for a carbon trading policy resembling the one that sparked controversy in the aviation sector.29 Nov 2013 - 1:13am
The European Commission will attempt to close a loophole that allows companies to cut their tax bill, a top official said on Monday, but the EU executive will first need to persuade member countries to back the change.
The commission wants rules to prevent companies setting up “letter-box subsidiaries” in countries solely to qualify for a softer tax regime and cut their bill.26 Nov 2013 - 9:20am
China and the European Union sought to mend ties on Thursday after narrowly avoiding a trade war this year, but the EU's trade chief told Beijing to stop handing out state subsidies that Brussels said were illegal.26 Oct 2013 - 1:24am
The European Union on Wednesday revived a proposal to charge foreign airlines for emissions over European airspace, drawing the ire of airline groups which say it goes against the spirit of a recent global aviation deal and could reignite trade tensions.18 Oct 2013 - 4:31am
Monetary policy that cannot get traction; weak banks that cannot or will not lend; an economy trapped in a twilight world of low growth, haunted by the spectre of deflation.
If this combination sounds familiar, that’s because it is.11 Jul 2013 - 1:38pm
The euro zone must take coordinated action to revive economic growth, the International Monetary Fund (IMF) said in a strongly worded statement that cited the need to repair bank balance sheets, advance a banking union and support demand.9 Jul 2013 - 10:42am