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Eurogroup discusses excessive deficit roadmap
Brussels - Eurozone finance ministers kicked off discussions Monday on how to return to fiscal rectitude after generous public spending aimed at mitigating the impact of the recession. Latest figures from the European Commission show 14 of the 16 cou...
[Posted on :
2009-11-09 ] Category : [
Business ]
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German economy leads Europe out of recession - Summary
Berlin - The German economy is marking the run-up to the end of the year with a fresh batch of better-than-forecast data released Monday showing the country helping to spearhead Europe out of recession. While German exports surged by 3.8 per cent in ...
[Posted on :
2009-11-09 ] Category : [
Business ]
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EU report: Recession increases age-related discrimination
Brussels - The recession has increased European perceptions that age may be a problem when seeking a new job, according to a European Union survey published Monday. The Eurobarometer survey, which polled citizens in the EU as well as in candidate cou...
[Posted on :
2009-11-09 ] Category : [
Business ]
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Swedish finance minister more upbeat about economic recovery
Stockholm - Swedish Finance Minister Anders Borg was slightly more upbeat Monday about the Swedish economy as he presented new forecasts, concluding that the world had landed on its feet after the global financial crisis. Although the data showed g...
[Posted on :
2009-11-09 ] Category : [
Business ]
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Gazprom suffers steep losses for first half of 2009
Moscow - Dropping demand and rising business costs slashed profits for Russian natural gas firm Gazprom by nearly 50 per cent in the first half of 2009 when compared to the same period last year, the company reported Monday. Gazprom reported net prof...
[Posted on :
2009-11-09 ] Category : [
Business ]
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Bangladesh water transport workers call off strike
Dhaka - Workers on Monday called off a strike that had halted river transport in Bangladesh for 38 hours, after the government said it would meet their demands. Acting Shipping Secretary Abdul Mannan Hawlader announced the agreement after a meeting w...
[Posted on :
2009-11-09 ] Category : [
Business ]
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