latest economy news
Slovenia’s shaky banks bring a downgrade from Fitch
It was not unexpected – late on Friday the Fitch ratings agency downgraded Slovenia’s long-term foreign currency rating to BBB + from A minus. It also warned there could be more cuts in the future on worries over the state of the country’s shaky banking sector which might mean it is the next…
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Italy freezes hated property tax, doesn’t say how will make up shortfall
Italy’s coalition government is to freeze a controversial…
17/05 18:59 CET -
European car sales rise, but it is a ‘dead cat bounce’?
For the first time in a year and a half, car sales in Europe rose, but…
17/05 15:39 CET -
Turkey gains investment grading from Moody’s
Turkey’s economy has been given a boost with an upgrade by the…
17/05 14:17 CET -
Stimulus measures boost Japan’s growth
Japan’s economy enjoyed rapid expansion in the first three months of the year. Gross domestic product rose by a better than expected…
16/05 17:03 CET -
Greece seeks Chinese investors
Greece’s prime minister is in China seeking investment and trade deals to help revive his country’s recession-battered…
16/05 14:12 CET -
Falling eurozone inflation raises deflation fears
Falling prices – particularly in Germany and France – pulled eurozone inflation to its lowest for three years in April. The…
16/05 14:12 CET -
Eurozone economy in longest ever recession
There is no end in sight to the economic misery for the eurozone. The region has slumped into its longest recession since records began in…
15/05 19:29 CET -
Brussels opens oil ‘price-fixing’ probe
The European Commission is looking into whether BP, Royal Dutch Shell…
15/05 17:22 CET -
UK joblessness up again
The latest unemployment totals from London underscored how weak Britain’s economy remains. The number of people without jobs continued…
15/05 15:47 CET
