*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.» Read More
Frank Appel, CEO of Deutsche Post DHL, says the company has its own drones, after Amazon revealed it was testing drones to deliver packages last year.
Rob Subbaraman, Chief Economist, Asia ex-Japan at Nomura, says Asia has seen a deterioration in fundamentals over the past five years and must implement painful supply-side reforms.
LONDON, Dec 5- British finance minister George Osborne celebrated a sharp turnaround in the economy as vindication of his push to fix a gaping budget deficit on Thursday but he said he would not relax his austerity grip in the years ahead.
Former Spanish Prime Minister Jose Luis Rodriguez Zapatero says the euro was a "straightjacket" for Spain at the beginning of the crisis.
Euclid Tsakalotos, member of the Greek parliament for Syriza, discusses the Greek bailout and says creditors hope the country is not on track, as it allows them to pile on the pressure for more reforms.
MADRID, Nov 20- Spain's economy is on a strong enough recovery path to achieve three more years of deficit reduction without further spending cuts or tax hikes, the treasury minister told Reuters.
WASHINGTON, Oct 30- Tax increases, spending cuts and a stronger economy nearly sliced America's budget deficit in half in fiscal 2013, lowering it to the lowest level since 2008, Treasury Department data showed on Wednesday.
LONDON, Oct 22- Britain's finance minister vowed to stick to the path of austerity, saying economic recovery on its own would not be enough to fix the budget deficit and the causes of over-spending still needed to be addressed.
António Pires de Lima, Portugal's Minister of Economy, says that the higher financing costs for Portuguese companies are unfair, and that it's time for the banking union to be implemented.
Antonio Pires de Lima, Portugal's economy minister, reiterates Portugal's commitment to reach its deficit target and says the government has made sure to comply with the constitution when drafting its budget.
TUNIS, Oct 20- Political unrest has hurt Tunisia's growth outlook but it will stay committed to cutting the state budget deficit next year, while relying on foreign aid to fill a large external financing gap, Prime Minister Ali Larayedh told Reuters.
Guiliano Noci, associate dean at MIP Politecnico di Milano, argues that nothing has changed in Italy following the confidence vote, and that Germany should change its approach to southern European countries.
NEW DELHI, Oct 3- India's finance minister may have to slice at least 200 billion rupees from government spending to prevent a budget blow-out, which could threaten to send the country's credit rating into "junk" status, two ministry officials said.
MANCHESTER, England, Sept 30- Finance minister George Osborne promised he would continue to cut spending to wipe out Britain's budget deficit if the Conservatives won the 2015 election, but signalled there could be more money for infrastructure investment.
NEW YORK, Sept 27- U.S. stocks declined on Friday, with the S&P 500 and Dow on track for their first weekly drop in four, as debt and budget negotiations by lawmakers in Washington continued.
NEW YORK, Sept 27- U.S. stocks fell on Friday, with the S&P 500 and Dow poised to drop for the first week in four, as concerns grew over a lack of compromise in debt and budget negotiations by lawmakers in Washington. Congress has yet to forge an agreement that would keep the U.S. government running and avoid a debt default.
NEW YORK, Sept 27- U.S. stocks were set to fall at the open, with the S&P 500 and Dow poised to drop for the first week in four, as concerns grew over a lack of compromise in debt and budget negotiations by congressional lawmakers in Washington.
WASHINGTON, Sept 27- U.S. household spending rose in August as incomes were buoyed by solid wage gains, signs that momentum could be growing in the U.S. economy despite months of harsh government austerity.
WASHINGTON, Sept 25- Orders for long-lasting U.S. manufactured goods barely grew in August in a possible sign that companies are holding back on investments due to uncertainty over government spending.
Karine Berger, Member of Parliament for the socialist party & member of Finance Commission at the National Assembly, tells CNBC that they want to sustain growth and recovery in France next year.