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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

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Eurozone 'can cope' with Greek crisis: Italian finance ministry source The eurozone "is capable of coping with a crisis of confidence and possible speculative attacks", a source close to Italy's finance ministry said Sunday, as early results from Greece's referendum showed voters decisively rejecting cred
Yahoo! News | Jul 5, 2015 8:47 PM [GMT] | comment? | recommend
Germany's Gabriel says Tsipras has torn down last bridge of compromise BERLIN (Reuters) - German Economy Minister Sigmar Gabriel told the Tagesspiegel daily that it was hard to imagine talks on a new bailout program with Greece after the country clearly rejected bailout terms in a referendum.
Yahoo! News | Jul 5, 2015 7:41 PM [GMT] | comment? | recommend
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Moscow sees Greece 'closer to euro exit' after bailout referendum Greece has moved a step closer towards a eurozone exit, Russia's deputy economy minister said Sunday, as early results from a crucial bailout referendum suggested Greeks had overwhelmingly rejected creditors' demands for more austerity. "Yo
Yahoo! News | Jul 5, 2015 7:16 PM [GMT] | comment? | recommend
Italian PM Renzi to meet economy minister on Monday to discuss Greece ROME (Reuters) - Italian Prime Minister Matteo Renzi will meet Economy Minister Pier Carlo Padoan on Monday to discuss the outcome of a bailout referendum in Greece, a government source said on Sunday.
Yahoo! News | Jul 5, 2015 6:10 PM [GMT] | comment? | recommend
After Bailout Referendum Is Rejected, Greece's Finance Minister Resigns By a decisive margin, the people rejected a package of austerity measures from international creditors and handed their leaders a mandate to try to renegotiate the deal.
NPR.org | Jul 5, 2015 12:37 PM [GMT] | comment? | recommend
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French wine regions Champagne, Burgundy win world heritage status France's wine-making region of Champagne and a part of Burgundy have been granted "world heritage status" by the United Nations, giving a boost to the country's drive to encourage tourism and revive its flagging economy. The designatio
Yahoo! News | Jul 5, 2015 11:41 AM [GMT] | comment? | recommend
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Osborne says he has found 12 billion pounds of welfare cuts By William James LONDON (Reuters) - Chancellor George Osborne on Sunday said he had found all 12 billion pounds of welfare cuts he needs as part of his plan to balance the budget by 2017/18, speaking ahead of his budget announcement on Wednesday. The budg
Yahoo! News | Jul 5, 2015 11:32 AM [GMT] | comment? | recommend
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Egypt business activity expands in June for first time in five months -PMI Business activity in Egypt's private sector excluding oil grew slightly in June, ending five months of contraction, though inflation and currency depreciation remain a concern, a survey showed on Sunday. The Emirates NBD Egypt Purchasing Managers
Yahoo! News | Jul 5, 2015 09:35 AM [GMT] | comment? | recommend
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Chinese tourists boost Thai economy but stir outrage Accused of urinating in public, spitting on the street, or kicking a sacred temple bell -- free-spending Chinese tourists are receiving a mixed welcome as their soaring numbers help the kingdom's creaking economy. Last month it was a photo of a young
Yahoo! News | Jul 5, 2015 05:45 AM [GMT] | comment? | recommend
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Small is beautiful, say South Koreans making plans to marry By Christine Kim SEOUL (Reuters) - The night before their wedding, Kim Kwang-yoon and Cho Jin-oh were up until 2 a.m. with the bride's mother, setting tables. With South Korea's average wedding expenditure last year at nearly $64,000, or about d
Yahoo! News | Jul 5, 2015 02:51 AM [GMT] | comment? | recommend