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Spain Recession Seen Ending by 2014 as Austerity Eases

14/06/2013
The Spanish economy will shake off its recession and growth will accelerate through 2015 as European Union officials ease demands for

ESM Bank Fund Likely to Be Capped at 60 Billion Euros

14/06/2013
Senior euro-zone finance-ministry officials will by the end of this week polish crucial details of a plan to allow the bloc's bailout fund to

Trichet Says ECB’s Monetary Transactions Perfectly Legal

14/06/2013
The European Central Bank’s Outright Monetary Transactions program is “perfectly legal,” and the German Constitutional Court should

Export slowdown threatens emerging Asia's credit-fuelled boom

14/06/2013
A deepening slump in exports is sending tremors through Asia, threatening to undermine some booming

European Commission: Industrial production up by 0.4% in euro area

14/06/2013
In April 2013 compared with March 2013, seasonally adjusted industrial production grew by 0.4% in the euro

U.K. Inflation Expectations Risk Getting Dislodged, BOE Says

14/06/2013
U.K. inflation expectations risk becoming dislodged because consumer-price growth has been elevated for

U.S. Import Prices Fall 0.6% In May

14/06/2013
Prices paid for goods imported into the U.S. fell for the third straight month in May, suggesting that weakness

Jobless claims drop by 12,000

14/06/2013
The number new jobless claims fell in the latest weekly data, pointing to a slower pace of layoffs, according to

Fitch revises India’s rating outlook to ‘stable’

14/06/2013
Almost a year after downgrading India’s credit rating outlook to ‘negative’, global rating agency Fitch has again

Italy Borrowing Costs Rise to Highest Since March at Sale

14/06/2013
Italian borrowing costs rose at auction on signs that central banks will refrain from adding more stimulus to

India: Govt revises factory output growth in April to 2.2% from 2% yesterday

14/06/2013
The Government today revised the industrial output growth rate to 2.2 per cent in April from 2 per cent released

German Wholesale Prices Fall For Second Straight Month

14/06/2013
Germany's wholesale prices declined for the second consecutive month in May on lower cost of gaseous fuels,

European Commission : Speech: Triggering Recovery in Greece with EU Regional Funds

14/06/2013
Dear Presidents and members of the Parliamentary Committees,

Asmussen Says Bond-Buy Decisions up to ECB

13/06/2013
The European Central Bank wouldn't tell the German parliament if it plans to deploy its bond-buying program to help a struggling euro-zone country

India's FinMin Assures More Reforms

13/06/2013
India's Finance Minister Palaniappan Chidambaram signaled more reforms to underpin economic growth after rupee fell to a record low on Tuesday. Some measures

U.S. May Budget Deficit Widens to $138.73 Billion

13/06/2013
The U.S. government remains on track to post its smallest budget deficit in five years as higher taxes and an improving economy boost revenue.

EU’s Rehn Says Greece Decided to Shut ERT in ‘Full Autonomy’

13/06/2013
The European Commission sought to distance itself from Greece’s decision to shut down its public broadcaster, saying the government in

ECB Crisis Plan Court Probe Focuses on Limits to Monetary Policy

13/06/2013
German top judges examining the European Central Bank’s plan to buy bonds of crisis-torn countries asked whether the operation

Protectionism Surges to Worst Since Crisis as G-8 Nears

13/06/2013
Global trade protectionism has surged to its highest since the financial crisis began in a threat to economic growth, according to Global

Greece First Developed Market Cut to Emerging at MSCI

13/06/2013
Greece became the first developed nation to be cut to emerging-market status by MSCI Inc. (MSCI) after the local stock index plunged
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