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Archive Europe: Economy

  • BERLIN, March 22- Real wages in Germany rose by 1.8 percent last year, weaker than 2015, the Statistics Office said on Wednesday, as prices accelerated at a slightly higher rate. The third yearly increase in a row is still good news for private consumption, which has become the main driver of growth in Europe's biggest economy. Moderate inflation and relatively...

  • BERLIN, March 22- Real wages in Germany rose by 1.8 percent last year, weaker than 2015, the Statistics Office said on Wednesday, as prices accelerated at a slightly higher rate. The third yearly increase in a row is still good news for private consumption, which has become the main driver of growth in Europe's biggest economy. Moderate inflation and relatively...

  • EDINBURGH, March 21- While the economic case for Scottish independence once centred on oil, people like company director Niall McLean now argue that trade is the way to ensure their country's future prosperity- and avoid the damage of the United Kingdom leaving the EU. Turning Scotland, which sells two thirds of its exports to the rest of Britain, into a...

  • Centrist Emmanuel Macron's bid for power in France gathered pace on Tuesday when he won support from a junior minister in the Socialist government.

  • Alphorn players perform in Nendaz, Switzerland.

    For the last year, investing in Swiss stocks has been a pain trade. But there's more to the market than meets the eye.

  • ROME/ BRUSSELS, March 22- Italy's plans to bail out two regional banks pose a tough dilemma to European regulators, who are still considering whether Monte dei Paschi qualifies for state aid, three months after giving a preliminary green light. Italy is already seeking to use the scheme for its fourth biggest bank Monte dei Paschi, where the state is expected to...

  • Italy hosts the annual meeting of seven of the world's biggest industrialised economies in the town of Taormina in Sicily on May 26-27. "Japan and Europe must collaborate with the United States to continue to hold high the free-trade flag," Abe said. As well as Japan, Italy and the United States, the G7 comprises Britain, France, Canada and Germany.

  • NEW YORK— You might have expected the Trump Organization to tap the brakes on expansion plans given all the criticism over potential conflicts of interest while its owner sits in the Oval Office. The hotels will feature modern, sleek interiors and communal areas, and offer rooms at $200 to $300 a night, about half what it costs at some hotels in Trump's luxury chain.

  • *France's 10- year yield spread over Germany falls 3 bps. Concerns over the upcoming election have kept high-grade bond yields compressed as investors sought out perceived safe assets on worries that far-right leader Marine Le Pen would win and attempt to take France out of the euro zone. "In addition, we have pretty high inflation numbers in the UK today that...

  • Flights from Turkey, Lebanon, Jordon, Egypt, Tunisia and Saudi Arabia affected.

  • EDINBURGH, March 21- While the economic case for Scottish independence once centred on oil, people like company director Niall McLean now argue that trade is the way to ensure their country's future prosperity- and avoid the damage of the United Kingdom leaving the EU. Turning Scotland, which sells two thirds of its exports to the rest of Britain, into a...

  • The statement was signed by B20 chair Kurt Bock, who is also CEO of chemicals group BASF, and several leading scientists, including Ottmar Edenhofer from the Mercator Research Institute on Global Commons and Climate Change. It came after G20 financial leaders- under pressure from the United States- dropped from their communique a reference about willingness...

  • A freighter is anchored at the international container pier at Tokyo port on February 8, 2017.

    Prime Minister Shinzo Abe of Japan wants to work together with Europe and the U.S. on free trade.

  • NEW YORK— U.S. stocks took their biggest loss in five months Tuesday as a health care bill backed by President Donald Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred on by lower taxes and cuts in regulations. "President Trump promised that this health care bill would be signed, sealed, delivered...

  • Italy's anti-establishment party Five Star Movement represent the greatest threat to euro area stability, analysts said on Tuesday.

  • LONDON, March 21- British inflation shot past the Bank of England's 2 percent target last month, potentially adding to uneasiness among some officials at the central bank about keeping interest rates near zero. Last week, one of the BoE's policymakers voted to raise record-low borrowing costs because of growing inflation pressures and the economy's...

  • A farmer holds a Greek flag in front of the Greek Parliament during the protest against the government's tax and social security reforms on February 14, 2017 in Athens.

    Greek authorities have intercepted eight suspect packages on Monday that targeted several European officials.

  • health care life sciences

    Our live blog tracked reaction as Dow Jones index fell 100 points amid investors eyeing health care reforms.

  • RIO DE JANEIRO— A scandal over allegations of bribery in Brazil's meat-packing industry to allow the sale of expired meat deepened as the European Union, China and Chile decided to halt some meat imports from Latin America's largest nation. The developments are a major blow to Brazil, one of the world's largest exporters of meat, which is struggling to emerge...

  • LONDON, March 21- Bank of England Governor Mark Carney said it was important not to overreact to economic data for a single month after figures showed earlier on Tuesday that inflation rose by more than expected in February. Consumer price inflation hit 2.3 percent last month, shooting past the BoE's 2 percent target and its strongest in nearly...

Contact Europe: Economy

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