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Archive Europe: Economy

  • New French President elected Emmanuel Macron

    Former French minister Richard Ferrand was elected on Saturday to lead President Macron's lawmakers in parliament

  • A senior UAE official said that if Qatar did not accept an ultimatum issued by Arab states, "the alternative is not escalation but parting ways".

  • France welcomed a strategic cooperation deal with Belgium under which Belgium will buy armored vehicles worth 1.1 billion euros.

  • LISBON, SINTRA, Portugal- European Central Bank President Mario Draghi speaks in Lisbon and Sintra. **SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. **SINTRA, Portugal- ECB Executive board member Peter Praet chairing a panel "...

  • LISBON, SINTRA, Portugal- European Central Bank President Mario Draghi speaks in Lisbon and Sintra. **SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. **SINTRA, Portugal- ECB Executive board member Peter Praet chairing a panel "...

  • MONDAY, JUNE 26 ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The...

  • June 23- U.S. ratings agency Moody's Investors Service upgraded Greece's long-term issuer rating to' Caa2' from' Caa3' following the extension of a credit lifeline to the country by euro zone governments. The euro zone government had given Greece another 11th- hour credit lifeline worth 8.5 billion euros, last week. The International Monetary Fund Managing...

  • NEW YORK, June 23- The dollar fell against a basket of major currencies on Friday, recording its biggest one-day fall in three weeks, on persistent doubts whether the Federal Reserve would raise interest rates again this year due to softening inflation data. Sterling rose for a third consecutive day after soon-to-depart Bank of England policymaker Kristin...

  • Our live blog tracked reaction as stocks continued to feel the pressure of lower crude prices.

  • LONDON, June 23- Sterling gained by almost half a percent against the dollar on Friday, helped by a shift in expectations for interest rates that has some in the market backing the Bank of England to raise borrowing costs within months. Policy hawk, Kristin Forbes, in her last speech before leaving the bank, urged colleagues on Thursday evening to raise rates...

  • Foxconn, which plans to locate a display panel factory in the U.S. that could cost up to $7 billion, will announce investment plans by early August for at least three states, Chairman Terry Gou said Thursday. He mentioned Michigan, Ohio, Pennsylvania, Illinois, Wisconsin, Indiana and Texas as manufacturing states with which Foxconn hopes to work.

  • LONDON, June 23- The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the coming week, but there is little they can do to get away from their differing monetary policy conundrums. The highlight of the European Central Bank's "Forum on Central Banking" in Sintra-- the old getaway of Portuguese monarchs-- is likely...

  • Staff work inside the headquarters of Al Jazeera Media Network, in Doha, Qatar June 8, 2017.

    Qatar has been forging an independent foreign policy since the discovery of gas and a palace coup.

  • Richard Bove of Rafferty Capital Markets.

    U.S. bank stock valuations continue to be hit by the ongoing uncertainty surrounding the industry in recent years, says a banking analyst.

  • BERLIN— The German government says Chancellor Angela Merkel will host a meeting next week of European participants in the Group of 20 summit to prepare for the meeting of global powers in July. Government spokeswoman Ulrike Demmer said Friday that the meeting will involve the leaders of Spain, France, Britain, Italy, the Netherlands and Norway as well as the head...

  • Brexit:  One Year Later

    Peter Spiegel of the Financial Times discusses the market impact of Brexit talks a year after the UK's vote to leave the EU.

  • LONDON, June 23- For years the options market that companies and investors use to hedge against big swings in currencies viewed the euro as a bigger political and structural risk than Britain's pound. In the political and market turmoil immediately before and following Britain's decision last June to leave the European Union, financial market investors...

  • Though growth eased slightly in June, financial information firm IHS Markit said Friday that the eurozone's second quarter overall looks like it will be its strongest since the first three months of 2011. "The latest reading needs to be looked at in the context of recent elevated levels," said Chris Williamson, IHS Markit's chief business economist.

  • With Friday marking the one year anniversary of the UK's vote on its EU membership, CNBC looks back at some of the big moments since then.

  • PARIS, June 23- The dollar dipped to a four-day low against major currencies on Friday and the euro rose on the recent raft of robust data. The European Central Bank is deciding when and how quickly to wind back its expansive quantitative easing program. "With the debate over ECB QE policy heating up, expect the euro to be much more sensitive to data surprises," wrote...

Contact Europe: Economy

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