European Crisis

EU launches new trade dispute with US

by AFP
Subsidies for Boeing's new 777X jet program at centre of dispute.

IMF praises Ukrainian government's economic reform efforts

Embattled country waiting for part of assistance package held up by elections.

Europe faces export losses as Russia sanctions bite

France, Denmark raise questions over whether Russia is feeling too much pain.

Europe's current account surplus narrows in October

ECB figures show falls in goods, services surpluses.

Beware the EU periphery's brainless recovery

As growth in the eurozone remains subdued and unemployment stabilises at high levels, spending cuts in R&D might leave some countries exposed to human capital flight.

Cameron’s push for EU reconciliation

The British Prime Minister is working to mend economic fences with the European Union, but fundamental policy differences remain in place.

EU approves new Crimea sanctions

by AFP
Measures ban all investment, cruise ships as part of Russian non-recognition policy.

Putin seeks to reassure on Russian economy

President's annual address says economic troubles could remain for up to two years.

Switzerland to introduce negative benchmark rate

by AFP
Central bank seeks to stop Swiss franc appreciating, eyes further measures.

Rouble firms ahead of Putin conference

Unit lifts further from Tuesday's record low following oil price rise, central bank measures.

A Greek olive branch for Steve Keen

It is not so much evil austerity policies that are crippling Greece, but its membership of the eurozone.

German businesses warn over rouble's plunge

by AFP
Business group warns against 'schadenfreude', says exporters will feel pain.

US economic officials deeply experienced on Russia crises

Key officials at Fed, Treasury played senior roles in global response to Russia's 1990s crisis.

EU to widen corporate tax deals probe

Commission seeks list of all companies that received a tax ruling from 2010 to 2013.

UK wages lift in October

Average weekly earnings lift at highest rate in two years, outpace inflation.

Oil price falls to boost UK growth: BoE

Central bank's December minutes outline expectations of filip to UK, trading partners.

Europe's struggle for inflation intensifies

November consumer prices across the region rise at softest annual pace in five years.

EU banks need not fear Russian exposure: ECB

Nouy says weakened rouble no reason to anticipate serious trouble.

The UK’s soft inflation blessing

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A low inflation read-out has taken the pressure off the Bank of England to raise rates quickly, and the UK should begin 2015 on a strong note.

Russia not considering capital controls

by AFP
Moscow won't introduce measures to limit purchases of foreign currency despite rouble plunge.