ROME— Italy has again pushed back its balanced-budget goal, now aiming for 2016..» Read More
ABU DHABI, United Arab Emirates— King Juan Carlos of Spain began a visit to the Persian Gulf region on Monday by telling United Arab Emirates officials that deepening ties with their oil-rich country was a top priority, highlighting the role wealthy Arab states could play in shoring up the battered Spanish economy.
The sale is a milestone for Greece. Greece has been relying on funds from international bailouts since May 2010— in return for which it has imposed a series of deeply unpopular spending cuts and tax hikes. The bond issue came a day before German Chancellor Angela Merkel was expected in Athens on a brief visit to meet with Samaras.
BRASILIA, April 9- Brazil's rate of inflation in March picked up at the quickest pace in 11 years for that month, challenging the central bank's plan to stop raising interest rates soon and complicating President Dilma Rousseff's chances of re-election.
ATHENS, Greece— Greece is on the brink of escaping the financial wilderness. The ministry did not reveal the size of the bond sale, but a senior government official said Greece was initially seeking 2.5 billion euros— a tiny sum compared to the 240 billion-euro bailout package.
MILAN— Italian Premier Matteo Renzi's government has approved a budget framework that puts economic growth at 0.8 percent this year. The government is working on a raft of structural and fiscal reforms aimed at boosting Italy's economy out of stagnation.
ATHENS, Greece— Greece is regaining "lost credibility" shredded after the economic crisis, making a return to the bond markets possible for the first time in four years, the minister in charge of a massive public sector overhaul said Tuesday.
PARIS— French lawmakers gave their country's new prime minister a vote of confidence Tuesday that is seen as an endorsement of his plans for an economic turnaround built on tax cuts and slashing bureaucracy to the extent that he plans to redraw the map of France.
LONDON, April 4- A solid pace of U.S. jobs growth pushed up Wall Street stocks futures and the dollar on Friday, adding to pressure on the euro from signs that the European Central Bank is warming to the once-taboo idea of aggressive asset buying. Futures prices extended gains, pointing to a rise of around 0.4 percent for Wall Street.
*Greece showing signs of pulling out of recession. LONDON, April 3- Greece is planning to return to the international bond market this month, four years after it became the first euro zone country to be bailed out and only two years since defaulting on its debts.
*Athens sees full market return in 2016. *Athens could tap markets a second time this year. The Eurogroup of finance ministers met in Athens this week, attracting about 5,000 protesters who denounced the latest measures agreed with the European Union and the International Monetary Fund to try to make the economy more competitive.
*Greece not considering follow-up international aid deal. April 1- Greece, fully funded for the next 12 months, hopes to finance itself on the market afterwards, but its euro zone peers say success depends on whether Athens delivers on the reforms it has promised so far.
ATHENS, March 31- Greece approved on Monday a contentious reform bill to secure bailout aid but the government was forced to expel a dissenting lawmaker, reducing its majority in parliament to just two seats.
LISBON, March 28- Portugal's chances of making a clean break from its international bailout in May are growing as its economic outlook gradually improves, borrowing costs slide, and some political dividends are seen for the government from going it alone. Prime Minister Pedro Passos Coelho has said the government will decide on what to do in April.
LONDON, March 27- Spanish, Italian and Portuguese bond yields hit multi-year lows on Thursday, with speculation about further European Central Bank monetary policy easing prompting investors to seek the bigger returns offered by lower-rated assets.
LONDON, March 27- Spanish, Italian and Portuguese bond yields hit new historical lows on Thursday, with speculation about further European Central Bank monetary policy easing prompting investors to seek higher returns in lower-rated assets.
*Italy selling new 10- year inflation-linked bonds. LONDON, March 12- Italian bond yields rose further from eight-year lows on Wednesday as Rome launched a new. Italy underperformed top-rated euro zone bonds, which were rallying on growth and credit concerns in China as well as mounting tensions in Russia's standoff with western countries over Ukraine.
*Portugal, Ireland outperform other euro zone bonds. *Portugal's GDP grows a revised 0.6 pct in Q4. His comments and the data accelerated a fall in the country's bond yields, which hit 2010 lows recently on increasing optimism Portugal could follow Ireland out of its EU/IMF bailout later this year.
ATHENS, March 11- Greece's economy has shrunk by almost 24 percent over the past six years in the deepest and most protracted peacetime recession in its history, according to revised gross domestic product data released on Tuesday.
LONDON, March 10- Portuguese bond yields fell sharply on Monday to near four-year lows on increasing optimism the country could follow Ireland out of its international bailout programme later this year. Ireland formally left its programme in December, becoming the first euro zone country to do so.
*Portugal to more than halve deficit by end-2015, then more. LISBON, March 9- Portugal's international bailout is expected to end in mid-May. To avoid a repeat of the 78 billion euro financial rescue agreed in May 2011 with the European Union and the International Monetary Fund, Lisbon cannot let up on shrinking its budget gap and trimming a huge sovereign debt.