Italian Prime Minister Silvio Berlusconi, whose country holds the current EU presidency, appealed Wednesday for an increase in public and private investment to galvanize a faltering EU economy. He...
European Central Bank President Wim Duisenberg said policy makers have reduced interest rates enough to kick-start the stagnating economy of the dozen nations that share the euro and called on...
03/07/2003
"Simply stated it was the perfect storm: Everything that could have gone wrong did go wrong," the firm's chief executive Domenico de Sole told CNBC television. Mr de Sole listed the strong euro,...
02/07/2003
MG ROVER is threatening to move a key supply contract from Swindon Pressings, which is owned by rival car-maker BMW, in a row over pricing that could cost up to 2,000 jobs. Insiders at the Wiltshire...
02/07/2003
The European Commission proposed Tuesday a 955-million-euro programme to boost cooperation with the new neighbours of the enlarged European Union. The plan for 2004-2006 would improve partnerships on...
02/07/2003
-- European stocks gained for the first day in five. Royal Philips Electronics NV and Infineon Technologies AG led advances after computer-chip prices rose and Merrill Lynch & Co. raised its...
02/07/2003
Germany is in an economic crisis, one the country's leading institutes warned on Tuesday, forecasting a shallow recession this year in the eurozone's biggest economy and disappointing growth rates in...
02/07/2003
At midnight last night Italy took over at the helm of the EU amid widespread concern about Prime Minister Silvio Berlusconi's credentials for the job. In the run-up today's start, Italy and its...
01/07/2003
Italy took over the presidency of the European Union from Greece on Tuesday amid widespread concerns centring around the country's mercurial prime minister Silvio Berlusconi, one of the richest men...
01/07/2003
European stocks dropped as the euro's biggest two-day gain against the dollar in almost a month heightened concern the value of U.S. sales of exporters such as DaimlerChrysler AG and Siemens AG will...
01/07/2003