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Dutch finance minister defends austerity approach

13/06/2013
Dutch Finance Minister Jeroen Dijsselbloem defended his strategy of cutting government spending and increasing taxes to reduce

Drop in Job Openings Tempers U.S. Hiring Prospects

13/06/2013
Job openings in the U.S. fell in April, showing companies were waiting to assess the effects of higher taxes and reduced government spending

EIB first ever trade finance facility for Greece

13/06/2013
The European Investment Bank (EIB) provides up to EUR 500 million for trade finance to support foreign trade oriented small and medium sized

Euro-Area Industrial Production Unexpectedly Gains on France

13/06/2013
Euro-area industrial output unexpectedly increased in April, led by France, adding to signs the currency bloc’s economy is beginning to

Greek Radio and Television To Resume

13/06/2013
Greece's government Wednesday said that the country's public broadcaster would resume operations within a few weeks, and took its first

Greek broadcaster defying order to close

13/06/2013
Journalists fired from Greece's state TV and radio refused to leave the broadcaster's headquarters and

German Inflation Picks Up in May

13/06/2013
German inflation picked up in May on rising food prices, but remained below the European Central Bank's target

Economists Downgrade Singapore GDP Outlook: MAS

13/06/2013
The Singapore economy is set to grow at a slower than estimated pace in 2013, the survey of professional

Indian industrial output growth pegged at 2% in April

13/06/2013
Factory output grew 2 per cent in April, largely aided by a base effect, confirming slowing of momentum in the

UK Economy Still Weak Despite Promising 2Q Start

13/06/2013
The U.K. economy isn't growing fast enough and is likely to keep growing slowly for some time, despite a

Japan Core Machine Orders Drop 8.8% On Month In April

13/06/2013
Core machine orders in Japan plunged a seasonally adjusted 8.8 percent on month in April to 723.3 billion yen,

UK Wage Growth Remains Muted, Unemployment Falls

13/06/2013
Wage growth in the U.K. hovered at near historic lows in the three months to April, official data showed

Bankers Spot Cracks in Norway High Risk Bond Boom

13/06/2013
Norway’s biggest bank is warning investors not to underestimate the risks lurking in Scandinavia’s largest junk

European Commission launches tax evasion plan

13/06/2013
The European Commission is seeking to up the fight against tax evasion within the European Union.

French Current Account Deficit Stays At EUR 2.8 Bln

13/06/2013
The French current account deficit remained at EUR 2.8 billion in April, the Bank of France reported Wednesday.

ECB's OMT Conditionality Could Be Good Middle Ground, Says German Judge

13/06/2013
The strings attached to the European Central Bank's program for buying government bonds could be a good

Greek Coalition Partners Criticize Samaras on State TV Shutdown

12/06/2013
Greek Prime Minister Antonis Samaras drew blame from his coalition partners after his move to shut down the nation’s public broadcaster

French Finance Minister Sees Economy Growing Third Quarter

12/06/2013
French Finance Minister Pierre Moscovici said he expects the country's economy will expand in the next quarter.
"Growth should resume in

China Keen To Revive Southern Silk Route With India

12/06/2013
China is keen to revive the Southern Silk Road with South Asia through the economic corridor linking Bangladesh, China, India, and

ECB's Praet : Current Low Inflation Rate Matter of 'Great Attention'

12/06/2013
The European Central Bank's chief economist warned that the low current rate of inflation in the euro zone is a matter of "great attention,"
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