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    European Business & Economy Headlines
    EU finance ministers try to tackle soaring prices (AP)
    AP - EU governments started talks Saturday on ways to curb soaring prices that have hit their economy hard by holding back consumer spending. -- read full article
    Sat, 13 Sep 2008 10:32:32 GMT - Yahoo! News: Business - European Economy
    EU plans big public lending hike for small firms (AFP)

    French Finance Minister Christine Lagarde attends a press conference in Nice, southern France. EU finance ministers have backed plans to hike public lending to credit-starved small and mid-sized firms, hoping to give the faltering European economy a boost.(AFP/Stephane Danna)AFP - EU finance ministers backed plans on Saturday to hike public lending to credit-starved small and mid-sized firms, hoping to give the faltering European economy a boost.


    -- read full article
    Sat, 13 Sep 2008 14:11:14 GMT - Yahoo! News: Business - European Economy
    EU finance ministers split over sales tax cuts (AFP)

    Austrian Finance Minister Wilhelm Molterer talks to the press in Nice, southern France. EU finance ministers have clashed on whether to allow especially reduced sales tax rates for targeted services like restaurant meals or haircuts with Germany leading opposition to the idea.(AFP/File/Dominique Faget)AFP - EU finance ministers clashed Saturday on whether to allow especially reduced sales tax rates for targeted services like restaurant meals or haircuts with Germany leading opposition to the idea.


    -- read full article
    Sat, 13 Sep 2008 14:38:59 GMT - Yahoo! News: Business - European Economy
    EU finance ministers split over sales tax cuts (AFP)

    Austrian Finance Minister Wilhelm Molterer talks to the press in Nice, southern France. EU finance ministers have clashed on whether to shake up European sales tax rules to allow especially reduced rates for targetted services and products.(AFP/File/Dominique Faget)AFP - EU finance ministers clashed Saturday on whether to shake up European sales tax rules to allow especially reduced rates for targetted services and products.


    -- read full article
    Sat, 13 Sep 2008 08:55:09 GMT - Yahoo! News: Business - European Economy
    European stocks rally on prospects for Lehman rescue (AFP)

    Traders work at a private banking company in Paris, January 2008. Europe's main stock markets rose strongly on prospects that beleaguered US investment bank Lehman Brothers might soon be saved and a report that it was in rescue talks.(AFP/File/Jean Ayissi)AFP - Europe's main stock markets rose strongly Friday on prospects that beleaguered US investment bank Lehman Brothers might soon be saved and a report that it was in rescue talks, traders said.


    -- read full article
    Fri, 12 Sep 2008 12:27:38 GMT - Yahoo! News: Business - European Economy
    EU ministers shun talk of recession (AP)
    AP - The 15-nation euro zone economy isn't on the edge of recession and doesn't need a major spending program to boost growth, Luxembourg Prime Minister Jean-Claude Juncker said Friday after leading talks between euro finance ministers. -- read full article
    Fri, 12 Sep 2008 15:23:23 GMT - Yahoo! News: Business - European Economy
    FTSE boosted by banks, commodities (AFP)

    London shares closed higher, after three consecutive days of losses, as banks and commodities gave the FTSE a boost.(AFP/File/Shaun Curry)AFP - London shares closed higher on Friday, after three consecutive days of losses, as banks and commodities gave the FTSE a boost.


    -- read full article
    Fri, 12 Sep 2008 16:16:30 GMT - Yahoo! News: Business - European Economy
    EU plans 50-pct EIB lending hike for small firms: document (AFP)

    French Finance Minister Christine Lagarde attends a press conference at the end of a meeting of Finance Ministers of the Eurogroup in Nice, southern France. EU finance ministers will propose on Saturday that the European Investment Bank boost lending to small- and mid-sized firms by half in 2008 and 2009 to 15 billion euros (21 billion dollars), according to a document seen Friday.(AFP/Stephane Danna)AFP - EU finance ministers will propose on Saturday that the European Investment Bank boost lending to small- and mid-sized firms by half in 2008 and 2009 to 15 billion euros (21 billion dollars), according to a document seen Friday.


    -- read full article
    Fri, 12 Sep 2008 17:51:49 GMT - Yahoo! News: Business - European Economy
    Euro slides below $1.39 (AFP)

    A woman holds several euro and US dollar notes. The euro came under heavy pressure against the dollar and yen Thursday on increasing speculation that the eurozone will not be able to escape a recession later this year.(AFP/File/Bertrand Langlois)AFP - The euro on Thursday slid below 1.39 dollars for the first time in a year on heightened concerns about the weak European economy, dealers said.


    -- read full article
    Thu, 11 Sep 2008 09:25:31 GMT - Yahoo! News: Business - European Economy
    U.S. rebound questioned, French growth to slow: Lagarde (Reuters)

    French Economy Minister Christine Lagarde, who chairs the presidency of the EU Council of finance ministers, looks on at the start of their meeting in Brussels July 8, 2008. (Francois Lenoir/Reuters)Reuters - Questions remain over the sustainability of the U.S. economic recovery, French Economy Minister Christine Lagarde said on Thursday as she played down the risk of recession at home.


    -- read full article
    Thu, 11 Sep 2008 09:43:16 GMT - Yahoo! News: Business - European Economy
    Euro slides against dollar, yen (AFP)

    A woman holds several euro and US dollar notes. The euro came under heavy pressure against the dollar and yen Thursday on increasing speculation that the eurozone will not be able to escape a recession later this year.(AFP/File/Bertrand Langlois)AFP - The euro came under heavy pressure against the dollar and yen Thursday on increasing speculation that the eurozone will not be able to escape a recession later this year.


    -- read full article
    Thu, 11 Sep 2008 16:56:07 GMT - Yahoo! News: Business - European Economy
    European stocks tumble amid weak global economy (AFP)

    Brokers at Barclays stockbrokers in London. European stock markets slumped in the wake of heavy falls in Asia, pulled down by sharp losses for the banks as the global economic outlook turns darker still.(AFP/File/Odd Andersen)AFP - European stock markets slumped on Thursday in the wake of heavy falls in Asia, pulled down by sharp losses for the banks as the global economic outlook turns darker still, traders said.


    -- read full article
    Thu, 11 Sep 2008 12:22:54 GMT - Yahoo! News: Business - European Economy
    FTSE tumbles amid weak global economy (AFP)

    A Barclays bank leaflet is pictured with coins. London shares slumped in the wake of heavy falls in Asia, pulled down by sharp losses for the banks as the global economic outlook turns darker still.(AFP/File/Leon Neal)AFP - London shares slumped on Thursday in the wake of heavy falls in Asia, pulled down by sharp losses for the banks as the global economic outlook turns darker still.


    -- read full article
    Thu, 11 Sep 2008 12:29:20 GMT - Yahoo! News: Business - European Economy
    FTSE lower as banks, retailers fall (AFP)

    People walk past a Sainsbury's supermarket in north London. London shares have slumped for the third day in a row, pulled down by losses for retailers and banks as the global economic outlook turned darker still.(AFP/File/Leon Neal)AFP - London shares slumped for the third day in a row on Thursday, pulled down by losses for retailers and banks as the global economic outlook turned darker still.


    -- read full article
    Thu, 11 Sep 2008 16:20:31 GMT - Yahoo! News: Business - European Economy
    Pound up against euro, down against dollar (AFP)

    The pound benefitted from a weaker euro on heightened concerns about the European economy. Sterling was slightly down against the dollar, however.(AFP/File/Shaun Curry)AFP - The pound benefitted from a weaker euro on Thursday on heightened concerns about the European economy.


    -- read full article
    Thu, 11 Sep 2008 16:29:12 GMT - Yahoo! News: Business - European Economy
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