The euro zone periphery may seem backward relative to Germany or the Netherlands, but its members are rich, industrialised economies with modern service sectors.
Potential revenues that escape the net of tax collectors reportedly amount to one trillion euros. Such large amounts of money, currently sitting in tax havens, would be greatly beneficial to European countries in boom years, let alone times when most ...
But with the ECB's main interest rate now at 0.5 percent and euro zone inflation at 1.2 percent, St. Louis Federal Reserve Bank President James Bullard recommended the ECB could consider quantitative easing (QE), or printing money for asset purchases.
NEW YORK (Reuters) - The U.S. dollar fell against the euro on Tuesday after St. Louis Federal Reserve President James Bullard dented expectations the U.S.
PARIS (Reuters) - France Telecom plans to invest between 30 and 50 million euros ($64 million) in its video-sharing website Dailymotion and begin a fresh search for a partner in the autumn, its chief executive said on Tuesday.
A review of asset quality by euro zone's banking regulators of the region's banks may show a capital shortfall of 300 billion euros ($386 billion) to 400 billion euros led by France and Germany, according to analysts at Berenberg Bank. The European ...
MUMBAI: The rupee weakened to a near six-month low on Tuesday, largely driven by weakness in the euro and import-related dollar demand that traders attributed to a private refining company.
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