Austerity
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Kit Juckes, global head of FX strategy at Societe Generale, tells CNBC austerity is the wrong policy for Europe and that the region is heading towards a "lost decade" for growth.
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Kit Juckes, global head of FX strategy at Societe Generale, tells CNBC austerity is the wrong policy for Europe and that the region is heading towards a "lost decade" for growth.
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Queen Elizabeth II has received a 5 million-pound ($7.6 million) boost in annual funds the British monarch receives from taxpayers to carry out official duties.
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Britain's financial services sector took on new staff in the first quarter with more gains expected, a business survey said, signaling that a prolonged period of job losses may be ending.
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LISBON, March 27- Portugal's business and consumer confidence improved for the third consecutive month in March when the recession-hit country passed the quarterly bailout review by its lenders who eased its budget deficit goals, data showed on Wednesday.
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CNBC's Steve Liesman takes a look at the results of a survey that shows more Americans think "spending cuts" are the solution to the nation's deficit problems. And, CNBC's John Harwood, weighs in with the political impact of balancing the budget without raising revenues.
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Larry McDonald, Newedge Group, discusses the long-term side effects of the Cyprus bailout, and why the situation is more significant than most investors realize.
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Spain's economy will sink deeper into recession this year, the Bank of Spain said on Tuesday, sending a stark message to the government as it prepares to revise its own growth forecast.
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Robert Brusca, FAO Economics; and Richard Hoey, BNY Mellon, discuss which fundamental factors are keeping global economies from recovery, and why Cyprus is not "fine" even after the bailout, and Italy's problems are "worse."
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Cyprus's Finance Minister said on Tuesday big depositors in Cypriot banks could lose about 40 percent of their deposits as part of an international rescue plan.
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The European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system.
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OTTAWA, March 21- Canada's Conservative government pledged on Thursday to close tax loopholes and curb spending to erase its budget deficit in time for the 2015 election, even as it committed funds to infrastructure, manufacturing and job training.
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OTTAWA, March 21- Canada's Conservative government pledged on Thursday to close tax loopholes and curb spending to erase its budget deficit in time for the 2015 election, even as it committed funds to infrastructure, manufacturing and job training.
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OTTAWA, March 21- Canada's Conservative government pledged on Thursday to close tax loopholes and curb spending to erase its budget deficit in time for the 2015 election, even as it found new cash for infrastructure spending and extended a manufacturing tax credit.
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OTTAWA, March 21- Canada's Conservative government pledged on Thursday to close tax loopholes and curb spending to erase its budget deficit in time for the 2015 election, even as it found new cash for infrastructure spending and manufacturers.
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LONDON, March 21- UK public finances showed a far smaller than expected deficit in February and retail sales got a boost, offering relief to finance minister George Osborne a day after he released dismal economic forecasts.
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LONDON, March 21- UK public finances showed a far smaller than expected deficit in February and retail sales got a boost, offering relief to finance minister George Osborne a day after he released dismal economic forecasts.
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LONDON, March 21- UK public finances showed a far smaller than expected deficit in February and retail sales got a boost, offering relief to finance minister George Osborne a day after he released dismal economic forecasts.
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LONDON, March 21- UK public finances showed a far smaller than expected deficit in February and retail sales got a boost, offering relief to finance minister George Osborne a day after he released dismal economic forecasts. KEY FIGURES FOR UK PUBLIC BORROWING. ANALYSTS' COMMENTS ALAN CLARKE, SCOTIABANK Retail sales.
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The Bank of England (BoE) may have been given the green light to use "unconventional monetary policy instruments", but it actually needs to engage in some monetary policy "realism", Andrew Sentance, senior economic advisor at PwC, told CNBC.
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CNBC's Squawk Box Europe discusses the British tabloid take on the UK budget.