MADRID— Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is gaining traction and making solid inroads into the labor market.» Read More
*U.S., Britain to outperform peers in industrialised world. July 17- Global growth prospects have dimmed slightly, with the United States and Britain leading industrialised economies that are not generating much inflation even after years of aggressive monetary stimulus, Reuters polls found.
BRUSSELS, July 17- Euro zone countries must beware of bending budget rules in the quest for economic growth, the EU's new economics czar said on Thursday, suggesting some proposals from France and Italy sought too much leeway.
Most of the cuts he suggested in a 72- page review of Italy's public administration- an unpublished tome seen by Reuters that picks apart services ranging from disability benefits to policing- appear to have been ignored by Matteo Renzi's government.
LONDON, July 10- The yen rose to a three-week high against the euro on Thursday as investors sought safety following weak Italian economic data and concerns about Portugal's largest listed bank that hit European shares. The euro dropped 0.5 percent to 137.84 yen, its lowest since June 16.
CHARLOTTE, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, July 2014" before a luncheon hosted by the Rotary Club of Charlotte in Charlotte- 1700 GMT.
AIX-EN-PROVENCE, France- Christine LaGarde, chief of the International Monetary Fund, indicates that the IMF may trim the Fund's growth forecasts, although she says that global economic activity should get stronger in the year's second half and accelerate in 2015..
WASHINGTON- Federal Reserve Chair Janet Yellen gives Michel Camdessus lecture at an event hosted by the International Monetary Fund in Washington- 1400 GMT. STOCKHOLM- Swedish Central Bank holds Monetary Policy meeting. LONDON- RBA Assistant Governor Guy Debelle gives a speech to the Financial Times Camp Alphaville Conference in London- 1105 GMT.
*Greece plans to cut tax for oil/gas firms to 25 pct from 40 pct. LONDON, July 1- Greece is planning to cut tax rates for oil and gas companies as it wants to attract them to help exploit its untapped offshore hydrocarbon resources, its energy minister said on Tuesday.
*Leveraged buyouts in Spain last year half of 2007 level. LONDON, June 30- In Spain, an uncertain economic outlook and high levels of company debt mean a trickle of private equity deals are unlikely to turn into a flood just yet. "The current hype is huge- everyone wants to get a deal," said Alex Wagenberg, managing director of Carlyle Europe Partners in Spain.
ZURICH- Bank for International Settlements releases its annual report. IDAHO, United States- 2014 Montana and Utah Bankers Association meeting. PARIS- 6th International Economic Forum on Latin America and the Caribbean on Beyond the Golden Decade?
WASHINGTON- Federal Reserve Bank of St. Louis President James Bullard speaks in New York on "Monetary policy and Income inequality" at the Charles Peter McColough Roundtable Series on International Economics. LONDON- Bank of England publishes half-yearly Financial Stability Report and Governor Mark Carney holds news conference- 0930 GMT.
NEW YORK- Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook and monetary policy before the Economic Club of New York- 1205 GMT.
BRUSSELS, June 23- There is a very low risk that Ireland will not pay back its bailout loans but Dublin must maintain budget discipline to reduce its large public debt, the European Commission said.
MADRID, June 20- Spain announced on Friday it would cut income tax and reduce corporate tax to 25 percent for large companies by 2016, aiming to speed up a nascent economic recovery.
WASHINGTON- International Monetary Fund releases its annual review of the U.S. economy- 1330 GMT. SANTANDER, Spain- Seminar on "The Europe left by the crisis". Speakers:- European Commission President Jose Manuel Durao Barroso, Spain's Economy Minister Luis de Guindos and Bank of Spain Deputy Governor Fernando Restoy.
*Nikkei gains ground following MSCI decision. PARIS, June 11- Stocks slipped from near recent highs on Wednesday while the euro retreated towards a four-month low in the wake of upbeat U.S. economic data and the European Central Bank's monetary easing.
ASTANA/ ALMATY/ KYZYLORDA- European Bank for Reconstruction and Development President Sir Suma Chakrabarti visits Kazakhstan. PALM BEACH, United States- Federal Reserve Bank of St. Louis President James Bullard speaks on the U.S. economy and monetary policy before the Tennessee Bankers Association annual meeting- 1310 GMT.
*FTSEurofirst 300 up 0.4 pct, Euro STOXX 50 up 0.5 pct. PARIS, June 6- European stocks extended their rally on Friday, spurred by the European Central Bank's fresh measures to boost the region's recovery and as investors anticipated positive U.S. jobs data later in the session. The euro zone's blue-chip Euro STOXX 50 index was up 0.5 percent.
BRUSSELS, June 4- A slowdown in the euro zone's economic recovery in the first quarter was confirmed on Wednesday, likely reinforcing calls for bold action by the European Central Bank this week to fight low inflation and high unemployment.
*Too early for UK to raise rates but getting closer. *India central banks meets for first time since Modi election. LONDON, June 1- The European Central Bank will eclipse all else in economic terms this week, following heavy hints that monetary policy will be loosened in a variety of ways.