Archive 2012

Turkey accuses EU of bigotry, says its reforms are ignored

Turkey accuses EU of bigotry, says its reforms are ignored

Published 31/12/2012

ISTANBUL (Reuters) - Turkey accused the European Union of bias and bigoted attitudes towards the EU candidate country on Monday and blamed it for undermining [more…]

Merkel says euro zone crisis far from over

Merkel says euro zone crisis far from over

Published 30/12/2012

BERLIN (Reuters) - The euro zone sovereign debt crisis is far from over even though reform measures designed to address the roots of the problem [more…]

Merkel’s rival Steinbrueck says euro zone austerity too severe

Merkel’s rival Steinbrueck says euro zone austerity too severe

Published 30/12/2012

BERLIN (Reuters) - Former German Finance Minister Peer Steinbrueck, who is running against Chancellor Angela Merkel in next year's election, said austerity measures being imposed [more…]

Spain does not need European help for now, says PM

Spain does not need European help for now, says PM

Published 28/12/2012

MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy said on Friday that Spain did not need to tap for now the European Central Bank's bond-buying [more…]

Euro doomsayers adjust predictions after 2012 apocalypse averted

Published 28/12/2012

BERLIN (Reuters) - Back in May, as the euro zone veered deeper into crisis, Nobel Prize-winning economist Paul Krugman penned one of his gloomiest columns [more…]

ECB’s Nowotny cautiously optimistic about 2013

Published 28/12/2012

VIENNA (Reuters) - Measures taken this year by policymakers to address the economic crisis in the euro zone allow for cautious optimism regarding 2013, European [more…]

Euro zone crisis batters holiday sales prospects

Published 27/12/2012

LONDON (Reuters) - Shoppers in euro zone nations battered by years of recession and crisis are on the hunt for bargains, delaying their purchases until [more…]

Audi to keep investing in bid for luxury-car sales crown

Audi to keep investing in bid for luxury-car sales crown

Published 27/12/2012

BERLIN (Reuters) - German luxury automaker Audi plans to keep spending on new vehicles, plants and technology to increase market share as a prolonged weakening [more…]

News Corp says publishing wing lost money

Published 21/12/2012

(Reuters) - Rupert Murdoch's News Corp said the publishing arm it plans to spin off from its entertainment assets would have lost $2.08 billion in [more…]

Putin says Russia could join Cyprus bailout effort

Putin says Russia could join Cyprus bailout effort

Published 21/12/2012

BRUSSELS (Reuters) - Russian President Vladimir Putin said his country could provide support to Cyprus as part of an international bailout for the indebted island, [more…]