Europe

Results for Europe

E.C.B. Cuts Growth Forecast, Saying It’s Ready to Expand Stimulus if Needed

Mario Draghi, the president of the European Central Bank, pledged on Thursday to intervene by increasing economic stimulus spending if the turmoil in the global economy continues, the International New York Times reported. But the central bank will n ...

Daily Headline - global.abi.org - 09/03/2015 - 23:30 - 0 comments

EU Targets Listing, Insolvency Rules In Capital Markets Plan

The European Union's executive will propose "radical" changes to make listing on stock markets cheaper, consider pan-EU pension products, and streamline the bloc's patchwork of insolvency rules, an EU document showed on Thursday. The ...

Daily Headline - global.abi.org - 09/03/2015 - 23:30 - 0 comments

UK's August Retail Sales Fall Is Biggest Decline In Seven Years

(HSST) showed a 4.3 percent year-on-year fall in August sales -- the biggest drop since November 2008 and ... 11.4 percent year on year, the rise represented the slowest growth recorded by the HSST index for that ... firm BDO said its monthly high street sales tracker (HSST) showed a 4.3 percent year-on-year fall in ...

Daily Headline - global.abi.org - 09/03/2015 - 23:31 - 0 comments

For Russia, Oil Collapse Has Soviet Echoes

Russia’s economy would shrink 3.4% this year, the most of any major emerging market. That now looks ...

Daily Headline - global.abi.org - 09/02/2015 - 20:35 - 0 comments

Tsipras’s Election Gambit Moves Greece Past Austerity Debate

Usually prime ministers call snap elections only when they have a great story to tell. But Alexis Tsipras has never been afraid to challenge conventional political wisdom. He is seeking a renewed mandate after just eight months in office despite what mus ...

Daily Headline - global.abi.org - 09/02/2015 - 20:36 - 0 comments

Romanian DIY Retailer Ambient Files For Insolvency

Ambient Sibiu, a local do-it-yourself (DIY) retailer and distributor of building materials, has filed for insolvency. The company submitted an insolvency request at the Sibiu court asking for its approval to start a reorganization process, Romania-Inside ...

Daily Headline - global.abi.org - 09/02/2015 - 20:37 - 0 comments

Portugal, Missing Deadline for Novo Banco Sale, Turns to Second Bidder

required a state-led bailout in August 2014 of 4.9 billion euros, or about $5.5 billion at current exchange ...

Daily Headline - global.abi.org - 09/01/2015 - 19:49 - 0 comments

Clerys’ Creditors Set For Monday Meeting With KPMG

The first meeting of the five-person committee of inspection that will oversee the interests of creditors in the liquidation of OCS Operations, the trading arm of Clerys, will take place on Monday at the Dublin offices of KPMG, the Irish Times report ...

Daily Headline - global.abi.org - 09/01/2015 - 19:49 - 0 comments

Eurozone Inflation Stays Low

consumer prices in August were 0.2% higher than a year earlier, a rate of inflation that was unchanged from ... beyond the ECB’s influence, the core annual rate of inflation was unchanged at 1.0%. The stability in ...

Daily Headline - global.abi.org - 08/31/2015 - 20:10 - 0 comments

Russia, Venezuela to Discuss Potential Steps to Stabilize Oil Prices

Russian President Vladimir Putin will discuss “possible mutual steps” to stabilize the global price for oil at a meeting with Venezuelan President Nicolás Maduro in China on Thursday, a Kremlin aide said, as both countries grapple with lower prices for t ...

Daily Headline - global.abi.org - 08/31/2015 - 20:12 - 0 comments

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