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abtest

Stalled France to miss deficit target until 2017

By Sylvie Corbet | September 11, 2014 - 5:09am

France has revised down its growth forecasts and says it will miss its deficit target for another three years, confirmation that Europe's second-largest economy will emerge only slowly from its stagnation.

World

Eurozone inflation in surprise fall to 0.7 percent

By Pan Pylas | March 18, 2014 - 2:23am

Pressure on the European Central Bank to do more to prevent prices from falling in the 18-country eurozone ratcheted up yesterday after figures showed inflation across the region unexpectedly fell in February to...

World

ECB launches major review of banks

By David Mchugh | October 24, 2013 - 5:21am

The European Central Bank is launching a review of 128 of the eurozone's biggest banks, a push to restore faith in the financial system — and lay the groundwork for growth — after similar studies fell...

World

After 3 bumpy years, Europe turns corner on crisis

November 12, 2012 - 12:00am

The worst of Europe’s financial crisis appears to be over.

Business

Oil hovers above $96 amid Europe debt worries

November 25, 2011 - 2:08pm

 Oil prices hovered above $96 a barrel Friday in Asia as Europe's debt crisis undermined confidence the continent will avoid recession next year.

Debt concerns send gold to new high above $1,600

July 20, 2011 - 12:00am

NEW YORK (AP) – Gold’s reputation as a safe place for your money sent it above $1,600 for the first time.

Business