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  • ECB Leaves Interest Rate Flat at 4% Thursday, 10 Jan 2008 | 9:15 AM ET

    The European Central Bank left interest rates unchanged on Thursday amid continuing uncertainty regarding the outlook for the economy.

  • The ECB's Year of the Rat Thursday, 10 Jan 2008 | 3:47 AM ET

    The European Central Bank seems to have little choice but to keep rates on hold this time as well, despite rising inflation. Money markets are still not back to normal and there are signs of a weakening economy.

  • Euro Stocks End Lower on US Recession Fears Wednesday, 9 Jan 2008 | 12:14 PM ET

    European equities dropped on Wednesday, ending at their lowest close in 1-1/2 month as worries over the prospect of a U.S. recession rattled investors, while retail shares sank after Mark and Spencer's profit warning.

  • France's Sarkozy Wants to Scrap Ads on Public TV Tuesday, 8 Jan 2008 | 11:10 AM ET

    French media stocks jumped following a speech from French President Nicolas Sarkozy Tuesday in which he proposed banning advertising on public television channels. The loss of income would be replaced by a levy on the advertising revenue of private television channels, according to the plans.

  • Efforts to Tame Money Markets Worked: Trichet Monday, 7 Jan 2008 | 10:54 AM ET

    Major central banks are satisfied with joint efforts to tame money market tensions around the turn of the year but will remain in close contact, policymakers said on Monday.

  • Euro-zone investors are the gloomiest in 2-1/2 years and their expectations for the next six months are the most pessimistic on record as the credit crunch continues to depress sentiment, a survey showed on Monday.

  • Euro Stocks End Lower After US Data Friday, 4 Jan 2008 | 11:50 AM ET

    European shares fell nearly 2 percent on Friday in their worst sell-off in almost a month, as concern about the outlook for U.S. economic growth resurfaced after surprisingly weak employment data.

  • European Inflation Stays Above Target Friday, 4 Jan 2008 | 10:55 AM ET

    High oil prices, driving up the cost of transportation and other services, as well as spiraling food prices contributed to euro-zone inflation staying well above the target while Swiss inflation came in at a 12-year high, data showed on Friday.

  • Euro Stocks End Mostly Lower, US Data Supports Thursday, 3 Jan 2008 | 11:58 AM ET

    European equities bounced from the day's lows to end with small losses on Thursday, as gains in U.S. markets and rising oil shares offset the impact of weakness in banks -- last year's worst performers.

  • Euro Stocks End Lower on US Data Wednesday, 2 Jan 2008 | 12:19 PM ET

    European shares ended the first day of trading in 2008 on a negative note Wednesday, as worries over global growth -- exacerbated by evidence of a contraction in U.S. manufacturing -- overshadowed news of consolidation in the banking sector.

  • ADP Shares Soar After Vinci Buys Stake Wednesday, 2 Jan 2008 | 7:58 AM ET

    Shares in government-controlled Aeroports de Paris, operator of Charles de Gaulle and Orly airports, soared after French construction company Vinci SA said it had acquired a 3.3 percent stake.

  • Euro Stocks Close 2007 Flat Monday, 31 Dec 2007 | 8:33 AM ET

    European equities ended flat on Monday in thin trade as key markets stayed closed, with the region notching a slender gain of 1.5 percent in 2007, its worst performance since 2002 as a credit crunch whacked stocks.

  • European Stocks Lower, Banks Fall Friday, 28 Dec 2007 | 9:42 AM ET

    European shares were broadly lower Friday, as weakness in banking stocks dampened investor sentiment, but U.S. stocks made firm gains at the open on the Wall Street.

  • Euro Stocks End Higher, Energy Gains Thursday, 27 Dec 2007 | 11:52 AM ET

    European equities eked out gains for the fourth session in a row on Thursday in thin volume as energy shares took pole position on higher oil prices.

  • Trichet: ECB Must Stop Inflation Spreading Monday, 24 Dec 2007 | 3:27 AM ET

    The European Central Bank is determined to stop increases in oil and food prices becoming entrenched in a broader inflation rise, President Jean-Claude Trichet said in a newspaper interview published on Monday.

  • Lobbying Begins Against Air France Bid for Alitalia Sunday, 23 Dec 2007 | 12:02 PM ET

    Air France-KLM's bid for Italy's state-controlled airline, Alitalia, has triggered a frenzy of holiday lobbying by powerful opponents who want Rome to reject an offer they say harms national interests.

  • Credit Agricole to Take Credit-Related Writedown Thursday, 20 Dec 2007 | 2:12 PM ET

    France's biggest retail bank Credit Agricole said on Thursday it would book a 2.5 billion euros pre-tax writedown in 2007 due to the credit crisis gripping global financial markets.

  • Euro Zone Oct. Trade Surplus Rises as Exports Gain Tuesday, 18 Dec 2007 | 5:16 AM ET

    The euro zone had a higher-than-expected trade surplus in October despite a continued rise in the euro as exports grew faster than imports, the European Union's statistics office said on Tuesday.

  • Brown, Merkel, Sarkozy to Meet on Markets Tuesday, 18 Dec 2007 | 4:54 AM ET

    British Prime Minister Gordon Brown will host German Chancellor Angela Merkel and French President Nicolas Sarkozy for a meeting in the first half of January on financial market stability.

  • Euro Zone Dec. Services PMI Falls, Signals Slowdown Monday, 17 Dec 2007 | 8:26 AM ET

    Euro zone services grew at a slower pace than expected in December, as the banking sector stalled, signaling a slowdown in the single currency area, a key survey showed on Monday.