The European Central Bank surprised the financial markets yesterday by refusing to cut interest rates and giving no hint that it plans to take action in the near future. The euro rose sharply...
Tough talks are expected when the Commission and EU states meet for the first time this weekend to discuss the EU’s budget until the middle of the next decade. The meeting will be the first face-to...
02/04/2004
House prices jumped 2.2% in March and are now 18.5% higher than last year according to the latest survey from the Halifax. The mortgage lender said the latest rise brings the average price of a...
02/04/2004
The eurozone's manufacturing sector returned to growth in March, boosted by stronger world economic momentum, economists said Thursday. After three months of stagnation, the Purchasing Managers...
02/04/2004
Stock markets in Europe moved cautiously higher on Friday as investors turned their attention to the all-important non-farm payrolls report for signs of improvement in the US labour market....
02/04/2004
Air carriers operating in the EU will be obliged to transmit passenger data to border authorities in advance in a bid to improve the fight against illegal immigration and terrorism. Under plans...
31/03/2004
The European Commission put Germany on notice Tuesday to change a 44-year-old law that protects national car champion Volkswagen from hostile takeover or face legal action. A year after issuing its...
31/03/2004
Consumer confidence in the UK fell in March for the second month running, as two- interest rate increases and heightened concern about global security persuaded consumers to tighten their purse...
31/03/2004
British music giant EMI has announced it is to axe 1,500 jobs as it contracts out CD production and removes artists from its roster in a bid to save costs. The firm said in a statement that it...
31/03/2004
Consumer confidence in the 12-nation euro region stagnated in March, magnifying the European Central Bank's concerns that weak retail spending is holding back the economic recovery. A European...
31/03/2004