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Europe Top News and Analysis Switzerland

  • No Further Austerity for Spain, Says Rehn

    Spanish finance minister Luis de Guindos ruled out a full-scale bailout package on Friday, suggesting that the recession-stricken country no longer needs external aid as investors pile into Spanish debt.

  • Rape Case Was Turning Point for India: CEO

    Ashni Mohnot, founder and CEO of social enterprise Enzi, who was raised in Bombay, says India's recent high-profile rape case has motivated its citizens to change a "patriarchal" society.

  • Spain's Economy Lags Market Sentiment: Minister

    Spain's struggling real economy lags behind improved market sentiment, says Luis de Guindos Jurado, Spain's minister of economic affairs.

  • A police officer stands guard next to a sniper rifle atop the Congress Centre, venue of the World Economic Forum

    Activists protesting against the World Economic Forum in Davos have claimed responsibility for explosions that broke a window at a Zurich branch of Credit Suisse and blew up the postbox of the boss of commodity trader Glencore.

  • Lloyd Blankfein

    The U.S. economic environment is "very good" and the stock market's rally to multi-year highs has more room to go, Goldman Sachs Chairman and CEO Lloyd Blankfein said on CNBC.

  • Sergei Magnitsky, deceased man on trial in Russia.

    The fallout from a bizarre trial in Russia appears to be aggravating Western concerns about state-sponsored corruption.

  • What's the most appropriate tax rate for the highest earners?

  • Mario Draghi

    European Central Bank President Mario Draghi said on Friday that financial markets are experiencing "relative tranquility" at the start of this year and all the indices point to a substantial improvement of financing conditions.

  • Christine Lagarde at the World Economic Forum in Davos, Switzerland.

    International Monetary Fund Managing Director Christine Lagarde has said global uncertainties, including the euro zone debt crisis and the U.S. fiscal negotiations, are continuing to weigh on growth.

  • Robert Diamond

    Barclays was forced to name former heads Bob Diamond and John Varley, finance director Chris Lucas and other top executives and traders linked to a global rate-fixing probe, despite their calls for anonymity.

  • U.S. safety regulators are nowhere near finishing an investigation into a battery fire on the Boeing 787 Dreamliner, a top official said on Thursday, raising the prospect of a prolonged grounding for the aircraft.

  • The Social Buzz screen at the Davos WEF lounge.

    You don't have to attend Davos to know who's making news on the ground. The culprit? Social media.

  • George Soros, founder of Soros Fund Management LLC

    Rates will rise dramatically as soon as there are clear signs the US economy is picking up, billionaire financier George Soros said in an interview at Davos.

  • World Markets Trending Up: ING

    "We see markets all over the world getting better," says Jan Hommen, CEO of ING Group.

  • Swiss Re Chief: Govs Must Manage Risk Better

    Michel Lies, CEO of reinsurer Swiss Re says authorities in both developed and developing countries still have considerable risk management work to do.

  • Work Still Needed to Heal Banks: BIS

    Work to improve the banking sector's health is still incomplete, says Jaime Caruana, general manager at the Bank for International Settlements (BIS).

  • Davos, Switzerland

    Despite economic uncertainty still facing much of the world, this winter season the area has seen an increase in visitors.

  • Business leaders, politicians and labor organizations warned on Thursday that urgent action needs to be taken to prevent Europe's youth from becoming a lost generation, a development which could have severe social consequences.

  • 2013 Will Trump 2012: Infosys Chair

    Kris Gopalakrishnan co-chairman of Infosys, says macroeconomic prospects are better this year because there is less chance of the euro zone disintegrating, among other reasons.

  • US Should Improve Education, Healthcare:  Larry Summers

    Harvard University Professor Lawrence (Larry) Summers says the U.S. should take advantage of "negligible" long term interest rates to improve healthcare and education.