NEW YORK, Dec 1- Waves of migrants moving through Slovenia on their way toward Germany and Austria are causing only a limited negative impact on its economy, Prime Minister Miro Cerar said on Tuesday. Cerar, in the United States to establish partnerships with top information and communication technology companies, said Slovenia's economic outlook is stable...» Read More
Analysts question whether an ECB rate cut on Thursday will offer any relief to small businesses and households in the euro zone.
Moody's rating agency's double notch downgrade of Slovenia to junk status puts the country firmly in the spotlight again amid rising concerns that the heavily-indebted country may seek a bailout.
Cyprus's parliament voted to back an EU bailout on Tuesday, tying lawmakers to impose substantial losses on bank depositors, and wind down one of the its biggest banks.
Alison Cooper, CEO of Imperial Tobacco, said cigarette and tobacco sales in Germany were "excellent," despite EU weakness.
Billionaire investor George Soros has struck back for distorting his arguments on Germany's role in the euro zone.
The odds of a rate cut by the European Central Bank increased significantly on Tuesday after euro zone inflation eased to a two-year low and unemployment hit a new record high.
Increasingly, people on the financially stricken island of Cyprus are focusing their anger on the European Central Bank, the NYT reports.
Spain's GDP figures were in line with estimates from the Bank of Spain, but the country has now reported seven consecutive quarters of contraction and the government is easing up on austerity measures.
With Spain in the doldrums, many Spaniards are coming to the Americas, where economic indicators point admirably upward, the GlobalPost reports.
European shares closed higher on Monday after Italy's new Prime Minister announced his reform plans in his maiden speech to parliament.
Italy must focus on reviving its economy and it will lobby its European partners to obtain more growth-oriented policies at the EU level, new Prime Minister Enrico Letta said in his maiden speech to parliament on Monday.
There are still good reasons for countries to join the euro zone, despite its difficulties at the moment, European Central Bank Executive Board member Joerg Asmussen said on Monday. Emerging economies in eastern Europe are among potential candidates to join the single currency.
Confidence in the euro zone's economy fell for a second straight month in April and by more than expected, data showed on Monday, strengthening the case for a cut in interest rates this week. Likely of most concern, the pessimism has set in even in Germany, Europe's biggest economy.
Greek lawmakers on Sunday approved a reform law to unlock about 8.8 billion euros of rescue loans from the EU and the IMF. The legislation makes it easier to fire government employees for disciplinary reasons and extends an unpopular property tax.
European shares closed lower after U.S. growth figures missed expectations pointing to a potential slowdown in the world's biggest economy.
Spain will take until 2017 to meet the European Commission's budget deficit target of 3 percent of gross domestic product, the country revealed on Friday.
Economists Carmen Reinhart and Kenneth Rogoff revealed they have received "hate-filled" and "threatening" emails since their influential research on austerity was exposed as containing a error last week.
The U.K. government has received a damning indictment from the CEO of the world's biggest advertising group, who said that austerity in the U.K. is a falsehood.
The European Central Bank needs to react to aggressive monetary policy in other parts of the world, a former governing council member of the central bank told CNBC.
The European Central Bank would have to raise interest rates if it were looking at Germany alone but it is in a difficult position because of weakness elsewhere, Germany's Angela Merkel said.