Laurence Boone News
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European policy makers expressed a willingness to consider new ways to revive their ailing economy as they confronted fresh U.S. pressure to take action.
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Slovenia’s government failed to raise 100 million euros ($131 million) at a debt sale this week. Now it’s shooting for five times that amount next week.
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A top lobbyist for France’s largest bank says European lawmakers will have only themselves to blame if pressure to bolster capital too quickly results in more Boeing Co. planes at the expense of European rival Airbus SAS.
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Spain’s recession deepened more than economists forecast in the fourth quarter as the government’s struggle to rein in the euro region’s second-largest budget deficit weighed on domestic demand.
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European Central Bank President Mario Draghi may act more like Ben S. Bernanke than Jean-Claude Trichet in 2012.
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President Nicolas Sarkozy is struggling to convince investors he can cut France’s budget gap amid concern about the spread of Europe’s debt crisis, even as the government’s deficit narrowed for a third month in April.
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France sold 7.5 billion euros ($9.55 billion) in debt today, with two- and five-year borrowing costs falling to record lows after President Francois Hollande vowed to boost growth and cut debt over his term.
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China’s new leaders are about to set off a “Big Bang” in financial oversight.
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Greece, responsible for 0.4 percent of the world economy, now poses a threat to international prosperity as investors raise bets its days using the euro are numbered.
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France’s Senate approved President Nicolas Sarkozy ’s bill to raise the retirement age by two years as labor unions promised to maintain their protests for an eighth week.
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