European Financial News
Gas grumbles heat up in bitter cold The European Commission has confirmed several European countries are experiencing reduced flows of Russian natural gas. Brussels says the…
Greece: reform struggles or death throes? As angry public service workers protested again outside the Finance Ministry in Athens inside they were still struggling on Friday to come up with a…
After the uprisings, bleak economic future looms The restive state of the Arab world after the uprisings of the last 13 months means an uncertain economic future for many countries in MENA, the…
Another EU summit, same old problems Some people in the financial community called it 'the big freeze' --not a reference to the weather, but the outcome of the latest special EU summit.…
Solid US job growth for start of 2011 The US economy created jobs at the fastest pace in nine months in January as growth at the back of 2011 carried into the early part of this year.…
Panasonic joins Sony and Sharp in sea of red ink Japanese Consumer electronics giant Panasonic has warned it is heading for a record annual net loss of 7.78 billion euros. As with its rivals…
Debt grounds Hungary's Malev Hungary's debt ridden state owned airline Malev has ceased operating after running out of money. Hungarian Prime Minister Viktor Orban said the…
Can you dig it? Xstrata Glencore merger talks Mining group Xstrata and commodities trader Glencore have confirmed they are in merger talks. The all-share deal between the two Swiss-based…
China to the rescue for EU? - maybe With German Chancellor Angela Merkel in China seeking support for the ailing euro, Premier Wen Jiabao has said Beijing is considering upping its…
Jobs pain in Spain worsens Spain's jobless rate rose by 4.01 percent in January from December taking the total number of people filing for unemployment benefits to 4.6 million.…