Credit Crunch Widens Europe Business Rifts
The European Central Bank has flooded the euro zone with cheap loans over the past three years, but large swaths of small and midsize businesses in the region have received precious little of this liquidity.
Currencies: Euro edges higher after slide vs greenback
The euro rises modestly following a sharp loss spurred by anticipation of a rate cut from the European Central Bank.
Asian shares track U.S. stocks lower on growth worries
TOKYO - Asian shares inched lower on Thursday, taking their cues from an overnight drop in U.S. and European equities on renewed concerns about global growth, which also weighed on commodities.
Found 1 month ago on channel Reuters
European car sales plummet, even in solid Germany
MILAN -- Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and soaring unemployment. Carmakers have suffered 18 straight months of declining sales as people worried that they might soon be out of a job put off making big purchases....
Lawmaker: EU must push for Cyprus' reunification
BRUSSELS -- A prominent European Parliament lawmaker scolded Cyprus' bailout creditors Wednesday for failing to insist on the ethnically split country's reunification - a development he says could boost growth through stronger business ties with neighboring Turkey....