The president of the Eurogroup Jean-Claude Juncker, said Monday was "quite optimistic" about the possibility of reaching the end of the month to agree on new aid to Greece.
The European Union (EU) and the International Monetary Fund (IMF) should make their verdict this week on the situation in Greece, where the government failed [...]
In 2005, Dominique Strauss-Kahn attacked Hervé Gaymard to have rented an apartment of 600 square meters according to 14,000 euros. DSK
That was in 2005. At the time the gigantic apartment of 600 square meters leased by Gaymard to house their 8 children hits the headlines. The rent of 14,000 euros, in the apartment, give [...]
France has activated a cell saver Thursday on its electricity supply due to an exceptional drought, which causes particularly a decrease in hydroelectric production.
Forty-seven counties are affected by a prefectural order restricting the use of water and five are in vigilance, as the Department of Ecology.
"The ongoing drought led to lower [...]
The Finnish parliament on Wednesday approved the rescue plan of 78 billion euros in Portugal made by the European Union and the International Monetary Fund (IMF), despite the opposition of the eurosceptic party of "True Finns.
The vote supported the course of the euro has appreciated slightly to 1.4092 dollars, before falling back to [...]
The euro continued to fall Monday, the single currency at a time from below $ 1.40 for the first time in two months because of fears that Greece have to restructure its debt.
The decision by Standard & Poor's lowered its outlook on the credit rating of Italy and the outcome of local elections [...]
The Bank of Japan kept monetary policy on Friday, suggesting that the central bank still expects a rebound in growth after stalling in the first quarter as a result of the earthquake that struck the country last March 11.
Against all odds, the deputy governor Kiyohiko Nishimura, who advocated further monetary easing through an [...]
The Tokyo Stock Exchange ended down 0.14% Friday after the status quo decided by the Bank of Japan.
The Nikkei lost 13.74 points to 9,607.08 points and the Topix broader yielded 4.12 points (-0.5%) to 827.77 points.
The Bank of Japan concluded a two-day meeting on monetary policy and maintaining its key rates [...]
The governor of the Polish central bank Marek Belka said on Wednesday it would not be possible candidate to succeed Dominique Strauss-Kahn to head the International Monetary Fund.
Former finance minister and then Polish Prime Minister Marek Belka, 59, was quoted in local and international media as a possible compromise candidate to succeed Dominique [...]
The aid plan of 78 billion euros in Portugal on Monday received the green light from Ministers of Finance of the euro area and the entire European Union.
In a statement, the ministers say they have heard so unanimous in providing such assistance, which will ensure stability in the euro area and EU.
[...]
The operator of the Toronto Stock Exchange, TMX Group, announced Saturday it had received a cons-offer from a group of Canadian financial institutions named Maple Group.
The indicative offer by a consortium of banks and Canadian pension funds, both in cash and stock, is in competition with the proposed acquisition of TMX by the [...]