European Inflation Rises In August
Prices rose faster in August across the 27 nations of the European Union (EU) compared with July, according to…
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European Union
Europe Stocks Slip After Moody’s Warning
Most European stock markets dropped on Tuesday, after Moody’s Investors Service cut the outlook on the European…
Asia Stocks Edge Lower, With Europe In Focus
Asian markets declined Tuesday as investor focus returned to euro-zone worries after ratings agency Moody’s…
Iran Oil Sanctions Windfall For Gulf, Say Experts
Millions of dollars have reportedly been pouring into the GCC from increased oil sales since an international…
SFD To Sign US$300 Mln Finance Contract With WB, International UnionTomorrow
The Social Fund for Development (SFD) will sign Protocol of Cooperation with the World Bank and the International…
EU Council De-Lists Bank Mellat Ex-Chairman To Avoid Court
The Council of the European Union reversed its decision to place sanctions against Dr Ali Divandari, the former…
Citi Sees 90 Percent Chance Of Greece Leaving The Euro
The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said…
Eurozone Jobless Rate Hikes
New data released by the European Union show that the unemployment rate in the eurozone hit a record high of 11.1…
Europe Shares Post-Summit Slight Rise
European shares posted slight gains Monday, extending a rally scored at the end of last week after a summit meeting…
Italy, Spain Block Key European Deal On Growth; EU Summit
Cash-strapped Italy and Spain have closed ranks and blocked a key EU deal on growth as the European bloc convenes…