Hundreds of thousands march against austerity in Portugal
Mar 02, 2013 16:35 EST
Hundreds of thousands of people took to the streets of Lisbon and other Portuguese cities Saturday to protest against the government's austerity measures aimed at rescuing the debt-hit eurozone nation.
Italy's Grillo urges debt renegotiation
Mar 02, 2013 12:03 EST
Beppe Grillo, whose anti-establishment party unexpectedly captured a quarter of the vote in Italy's inconclusive elections, wants to renegotiate his crisis-hit country's debt, according to a German report on Saturday.
Grillo urges debt renegotiation for Italy: report
Mar 02, 2013 07:07 EST
Beppe Grillo, whose anti-establishment party unexpectedly captured a quarter of the vote in Italy's inconclusive elections, wants to renegotiate his crisis-hit country's debt, according to a German report on Saturday.
Eurozone unemployment hits record, inflation falls
Mar 01, 2013 08:47 EST
Official data Friday painted a far from encouraging picture of the European economy, with unemployment running at record and "unacceptable" highs in the eurozone while inflation fell sharply, highlighting the weakness of consumer demand.
European stocks drop on Italy deadlock, US cuts
Mar 01, 2013 07:38 EST
Europe's main stock markets fell on Friday before the weekend as investors fretted over Italy's post-election deadlock, poor economic data, looming US budget cutbacks and a raft of company results.
London shares open flat as Lloyds posts losses
Mar 01, 2013 03:45 EST
London shares opened flat on Friday as state-rescued Lloyds Bank announced continuing losses.
London shares rebound
Feb 28, 2013 13:31 EST
London shares inched up on Thursday as dealers focused on upbeat jobs data in the United States, dealers said.
IAG slumps to 943 mn euros loss on Iberia woes
Feb 28, 2013 11:04 EST
International Airlines Group, parent of British Airways, plunged into an annual net loss of 943 million euros ($1.2 billion) in 2012 on severe financial strains at its Spanish arm Iberia and owing to a soaring fuel bill.
Spain's bailed-out Bankia posts 19 bn euro loss
Feb 28, 2013 08:34 EST
Bailed-out Spanish banking giant Bankia suffered a loss of 19 billion euros ($25 billion) in 2012, it said in an earnings statement Thursday.
Asian markets rise on Wall St rally, ECB comments
Feb 28, 2013 06:36 EST
Asian markets rose Thursday after the Dow on Wall Street hit a more than five-year high, while the head of the European Central Bank soothed concerns over the eurozone.
German jobless total falls to five-month low
Feb 28, 2013 05:56 EST
The German labour market continues to defy the eurozone debt crisis, with the jobless total falling to its lowest level in five months in February, official data showed on Thursday.
Spain's Bankia posts 19 bn euro 2012 loss
Feb 28, 2013 04:01 EST
Bailed-out Spanish banking giant Bankia suffered a loss of 19 billion euros ($25 billion) in 2012, it said in an earnings statement Thursday.
London shares rise as BA owner's shares jump
Feb 28, 2013 03:41 EST
London shares opened higher on Thursday following a strong lead from Wall Street and helped by strong results from the owner of British Airways, dealers said.
Government falls in troubled euro member Slovenia
Feb 27, 2013 16:30 EST
Slovenian Prime Minister Janez Jansa's year-old centre-right government fell late Wednesday after lawmakers backed a no-confidence motion following weeks of political turmoil in the small eurozone country.
Slovenian PM loses no-confidence vote
Feb 27, 2013 16:19 EST
Slovenian lawmakers voted Wednesday in favour of a no-confidence motion against Prime Minister Janez Jansa's centre-right government following weeks of political turmoil in the small eurozone country.
Slovenian PM set to be voted out
Feb 27, 2013 14:05 EST
The end was nigh for Slovenian Prime Minister Janez Jansa late Wednesday as lawmakers prepared to vote on a no-confidence motion after weeks of political turmoil in the small eurozone country.
FTSE recovers on Italy bond auctions
Feb 27, 2013 12:52 EST
London shares closed slightly higher on Wednesday on better-than-expected bond auctions in Italy, a day after stocks slumped on inconclusive elections in the debt-laden eurozone country.
European stocks slump on Italy vote deadlock
Feb 26, 2013 12:52 EST
European stock markets slumped and the euro hit a near two-month dollar low on Tuesday as dealers assessed the fallout of Italy's political impasse after elections in the indebted eurozone country.
London shares close lower on Italy impasse
Feb 26, 2013 12:33 EST
London shares closed lower on Tuesday as dealers assessed the fallout of Italy's political impasse after elections in the indebted eurozone country.
European stocks close down sharply
Feb 26, 2013 12:12 EST
Europe's main stock markets closed sharply lower on Tuesday following inconclusive elections in Italy, with Milan's FTSE Mib index plunging 4.89 percent to 16,552 points.