Europe

Euro zone economy weaker than expected: ECB’s Draghi  

The euro zone’s economy is weakening more than expected and still needs “significant” support from the European Central Bank, ECB…

EU Trade chief will continue talks with U.S.’s Lighthizer

The European Union’s trade chief, Cecilia Malmstrom, will continue talks with her U.S. counterpart on Thursday, after the two met earlier…

British shoppers splurge over christmas as brexit chatter wanes

After British politicians took a break from Brexit negotiations over the Christmas period, some shoppers probably took their own break…

BoE says Brexit jitters worsen, sees inflation below target

The Bank of England said on Thursday that Brexit uncertainty had “intensified considerably” over the last month but falling oil…

European Bank acquires 8.7% stake in Lithuania’s Auga Group

The European Bank of Reconstruction and Development (EBRD) has acquired 8.7 percent stake in AB Auga Group, one of Europe's…

Turkey’s policy response insufficient to stabilize Lira, says Fitch

Turkey's ‘incomplete policy response’ to the recent tumble in the lira was unlikely on its own to stabilise the currency…