Europe

[Greece]

Greek Loans Threatened by Missed Reforms, Budget Shortfall

Greece and its international lenders have not yet reconciled their expectations regarding the 2014 Greek budget.

[French map in shape of France]

S&P Downgrades Credit Rating of France

Standard & Poor’s downgraded France’s credit rating from AA+ to AA, a move not matched by other credit-rating...

[Spanish flag in the shape of Spain]

Spain’s Industry, Exports Grow, Unemployment Still High

Spain reported 1.4% year-on-year growth in September, contradicting expectations of a 1.5% contraction.

[Vladimir Putin]

Russian Economy to Face 20 Years of Underperformance

Russian Economy Minister Alexei Ulyukayev stated his country’s expected rate of growth over the next two decades would...

Euro Climbs, ECB Predicted to Leave Interest Rates Steady

A report last week of near-absent inflation in the euro zone led investors to speculate that the European...

European Car Sales Rise after Historic Slump

Germany, France and Spain all saw positive trends in car sales in October, in stark contrast to the...

European Recovery Strengthens According to PMI

New manufacturing orders increased for the fourth month in a row in the European Community, according to the...

[U.S. and European flags overlaid]

Dollar up, Euro down, in Anticipation of Central Banks’ Corrections

With data showing that U.S. business activity was stronger than expected in October and that euro zone inflation...

European Stocks Hit Five-Year High on Earnings News

European companies ranging from oil production to auto manufacturing have been surprising analysts with Q3 earnings that have...

[Deutsche Bank logo]

Europe’s Largest Bank Watches Profit Slide 94 Percent

Deutsche Bank AG, Europe’s largest bank by revenue, reported its third-quarter profit fell by 94 percent.