Hungary expects to wrap up talks with the European Union soon about a fuel supply deal for the country’s Paks nuclear plant, the government said Friday, adding that the ... Read More
European finance ministers on Tuesday approved the key components of Jean-Claude Juncker’s flagship investment plan, the EU’s effort to revive the continent’s flagging economy. Ministers from the bloc’s 28 ... Read More
The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 ... Read More
Greek Finance Minister Yanis Varoufakis said his government was not asking for a way out of repaying the country’s debt, but wanted a few months of financial stability. In ... Read More
Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a ... Read More
China markets are rallying after the mainland’s central bank unexpectedly cut a key lending rate on Wednesday. The People’s Bank of China lower the required reserve ratio (RRR) for banks by ... Read More
World markets were traded lower on Friday. Average Hourly Earnings in December, released in the United States, indicated unexpected decrease and affected investor’s sentiment. Non-Farm Employment Change outperformed the ... Read More
Greece‘s leftist opposition Syriza party will need EU/IMF approval to issue short-term debt to cover funding needs in the first quarter if it takes power after a January 25 ... Read More
A group of 11 European Union (EU) countries has failed to reach an agreement on a proposed financial transactions tax before a self-imposed deadline. It is believed that the ... Read More
New European Union rules to improve auditing of banks and other companies are being blunted by varied implementation from nation to nation, a top accounting official said. The reform forces companies ... Read More
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