Successive Slovenian governments have refused to privatize the country's banks, which made disastrous loans to politically connected business interests and now threaten to drag the country center stage in the euro zone debt crisis.
Strong data from the U.K. services sector in March, coupled with better retail and consumer confidence, may indicate an improving British economy, easing worries that it could enter a triple-dip recession.
A resurgence in European initial public offerings (IPOs) this year, seen recently with the Moleskin’s listing in Milan, will continue with further offerings in Germany in the second quarter, according to Goldman Sachs.
The Bank of Japan unveiled sweeping changes to its monetary policy, making clear that it will do all it can to achieve a 2 percent inflation target. But is that enough?
The Bundesbank has launched an investigation into claims that Deutsche Bank hid billions of dollars of losses on credit derivatives during the financial crisis. The Financial Times reports.
Online currency bitcoin had 20 percent knocked off its price overnight on Thursday as one of its major exchanges became the victim of a hacking attack leading to a sell-off in the virtual currency after reaching an all-time high.
Italy's caretaker government announced on Wednesday it was delaying approval of a decree to pay back some 40 billion euros of state debts to private firms.
A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.
A judge has formally named the King of Spain's youngest daughter as a suspect in a high-profile fraud investigation, dealing a fresh blow to the royal family at a time of growing popular discontent with the ageing monarch, the Financial Times reports.
Supreme Court judges will launch an investigation on Thursday into almost a decade of financial profligacy which brought Cyprus to its knees last month.
Having tried and failed to become a major financial center, Moscow is trying yet again — only this time it finds itself competing for business with Warsaw, not London, Tokyo and New York, the New York Times reports.
French President Francois Hollande announced new measures to prevent corruption in public office after a former budget minister was investigated for tax evasion.
The rate of consumer price inflation in the 17 countries using the euro fell to an annual rate of 1.7 percent in March. It could provide a rationale for an interest rate cut when central bankers meet on Thursday.
Spanish protesters seeking to stop a wave of evictions have resorted to embarrassing politicians at their homes over harsh mortgage laws that have multiplied the pain of a property crash in the recession-hit country.