360° Coverage : Eurozone factory output continues free-fall, deepening recession

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Eurozone factory output continues free-fall, deepening recession

Source: Financial Post, Dec 12 2012, 8:23am CST

BRUSSELS — Eurozone factory output continued its steep fall in autumn this year, underscoring the feeble domestic demand that risks prolonging the bloc’s recession. Industrial production in the 17 countries sh ...

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German confidence rebounds in May

Source: Irish Independent  |   May 24 2013, 11:07pm CDT

German business morale improved far more than expected in May, rebounding after two months of falls and suggesting Europe's largest economy is slowly picking up speed after a sluggish first quarter. The Munich-b ...

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23 weeks ago


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9 hours ago

Editorial: What's the matter with Europe?

Source: Chicago Tribune  |   May 24 2013, 9:02pm CDT

French President Francois Hollande recently faced the press after yet another round of bad news. The eurozone economy shrank for the sixth quarter in a row, the longest recession since the single currency was launched. In many ...

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14 hours ago

French government trying to woo executives and entrepreneurs

Source: GulfToday.ae  |   May 24 2013, 3:59pm CDT

PARIS: The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonised the businesses needed to reinvigorate the economy. Finance Minister Pierre Moscovici announced on Friday that the ...

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16 hours ago

Ford will retain 1,000 jobs at French plant

Source: Automotive News  |   May 24 2013, 2:34pm CDT

BLANQUEFORT, France (Reuters) -- Ford Motor Co. will retain 1,000 jobs at a transmissions plant in southwest France after striking a deall with local authorities to share the burden of new investments needed to keep the factory opera ...

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5

16 hours ago

Eurozone more stable, needs a more European UK: Draghi

Source: China Post  |   May 24 2013, 2:33pm CDT

LONDON -- The eurozone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on Thursday. Speaking in London a ...

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16 hours ago

Exclusive: DBRS to rate all euro zone sovereigns by year-end

Source: FOX Business  |   May 24 2013, 1:46pm CDT

NEW YORK – DBRS plans to rate the credit of all euro-zone sovereigns by year-end, from the current 10 of 17, which will give the now-missing countries one more way for the ECB to weigh how valuable each nati ...

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17 hours ago

Euro stocks steadier after sharp losses

Source: Herald Sun  |   May 24 2013, 1:27pm CDT

EUROPEAN stock markets have taken a modest slide following sharp losses suffered the previous day, failing to score gains despite positive data from Germany and the US. London's FTSE 100 index of leading shares shed 0.63 per cent on F ...

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18 hours ago

Fed's Bullard: ECB May Need New Stimulus

Source: Wall Street Journal  |   May 24 2013, 11:37am CDT

By Jason Douglas LONDON—The risk of a disorderly breakup of the euro zone has diminished in the past year but the European Central Bank may need to consider new stimulus measures if the prospects for the 17-nation economy don't improve, ...

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1

19 hours ago

European Markets Largely Finished Lower Despite Economic Data

Source: RTTNews  |   May 24 2013, 11:05am CDT

The majority of the European markets ended Friday's session in negative territory, extending the weakness from the previous day. The continued weakness in the U.S. markets contributed to the negative mood. ...

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