EU nominates World Bank’s Kristalina Georgieva as next IMF chief
The European Union has nominated World Bank’s chief executive Kristalina Georgieva to lead the International…
Browsing Tag
Olli Rehn
Italy, Spain Face Budget Scrutiny as Euro Ministers Meet
Italy and Spain will defend their 2014 spending plans at a meeting of euro-area finance ministers today, risking a…
EU Economy Chief Worried about Italy
Italy needs political stability to overcome economic difficulties and a bout of poor economic data, European Union…
EU Says Euro Zone To Shrink In 2013 As Unemployment Rises
The euro-area economy will shrink in back-to-back years for the first time, driving unemployment higher as…
Asian Shares Rebound Ahead of G-7 Meeting
Asian shares mostly advanced Tuesday, snapping out of a series of recent declines and reversing some of Monday’s…
Spain Stocks Down 1.3% amid Election, Economic Fears
Spanish stocks were under pressure on Monday after the ruling People's Party failed to obtain an absolute majority…
Greek bailout crisis: EU welcomes austerity vote
The European Commission has welcomed the Greek parliament's decision to approve tough new austerity measures.
