The eurozone manufacturing sector contracted at a faster pace in June, hit by the recent strength of the euro, a survey indicated on Tuesday. The Reuters eurozone purchasing managers' index slipped...
The German news magazine Der Spiegel has reported that the current German commissioner, Günter Verheugen, responsible for enlargement will be nominated for a second time. Until now much of the...
The EU is bracing for a potentially bumpy ride as Italy prepares to take over the bloc's presidency, with all eyes on how controversial Prime Minister Silvio Berlusconi's will handle the EU reins....
Economic sentiment firmed up across the eurozone in June, according to a survey released on Monday. The European Commission said its index of economic sentiment was up a touch from 98.1 in May to...
Inflation in the dozen euro countries accelerated for the first time in four months in June, easing concern that deflation will push the economy into recession. Consumer prices rose 2 percent in...
Sweeping reductions in income tax are on the way in Germany after Chancellor Gerhard Schroeder and his cabinet decided to bet on Germans' willingness to spend to save the stagnating economy. The...
BP has taken steps to protect itself via indemnities against being dragged in to legal cases swirling around its controversial new Russian partners Alfa Group and Access-Renova. Lord Browne, the BP...
Former Eurostat Director General, Yves Franchet has backed claims by Commission President Romano Prodi and three other Commissioners that they knew nothing of the scandal currently engulfing Eurostat...
European bank clients can look forward to lower charges from July 1 thanks to new EU rules slashing the cost of cross-border transfers made in euros, officials said on Thursday. From next Tuesday...
Britain's economy grew at the weakest pace in more than a decade in the first quarter as construction output fell and consumers curbed spending, reinforcing expectations of an interest rate cut as...