| European Business & Economy Headlines |
| Britain's economic outlook worsens
(AP)
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| AP - The recession in Britain will be longer and deeper than first thought, the country's leading business lobby warned Monday, as a separate survey showed that falls in house prices are picking up pace. -- read full article |
| Mon, 17 Nov 2008 14:13:04 GMT - Yahoo! News: Business - European Economy |
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| Iceland guarantees deposits to get loans
(AP)
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| AP - Iceland moved to secure $6 billion in loans to refloat its collapsed financial system as Britain said Monday it would welcome a government promise to guarantee its citizens' deposits in collapsed internet bank Icesave. -- read full article |
| Mon, 17 Nov 2008 16:23:28 GMT - Yahoo! News: Business - European Economy |
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| Merkel: Opel guarantee not yet certain
(AP)
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| AP - German Chancellor Angela Merkel said Monday after meeting with leaders of Adam Opel GmbH that it was "not yet determined" whether the automaker would be given euro1 billion ($1.25 billion) in loan guarantees from the government.
-- read full article |
| Mon, 17 Nov 2008 19:00:27 GMT - Yahoo! News: Business - European Economy |
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| Developing nations hail G20 summit outcome
(AFP)
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| AFP - Officials from EU and developing nations on Monday hailed the results of a crisis summit of world leaders while expressing concern at the impact of the economic strife on the world's poorest.
-- read full article |
| Mon, 17 Nov 2008 17:43:32 GMT - Yahoo! News: Business - European Economy |
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| London shares fall 0.32% as trading begins
(AFP)
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| AFP - Share prices here fell by 0.32 percent on the FTSE 100 share index when trading began here on Monday in the first European deals after an economic crisis summit in Washington at the weekend.
-- read full article |
| Mon, 17 Nov 2008 09:28:06 GMT - Yahoo! News: Business - European Economy |
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| Hypo Real Estate Group 3Q loss 3.1 billion euros
(AP)
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| AP - Troubled German lender Hypo Real Estate reported Monday a net loss of 3.1 billion euros ($4 billion) in the third quarter as the financial crises worsened, with a unit in Ireland hit especially hard by write-downs on the values of its assets. -- read full article |
| Mon, 17 Nov 2008 09:54:32 GMT - Yahoo! News: Business - European Economy |
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| Iceland agrees deal for foreign savers
(Reuters)
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| Reuters - Iceland said on Sunday it had agreed with several European Union states how to repay thousands of foreign savers with money in frozen Icelandic accounts, potentially unlocking billions of dollars in aid. -- read full article |
| Sun, 16 Nov 2008 19:20:33 GMT - Yahoo! News: Business - European Economy |
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| EU faces recession threat
(AP)
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| AP - European Commission President Jose Manuel Barroso said Saturday that Europe's biggest threat is recession and countries should be allowed leeway in running up deficits. -- read full article |
| Sat, 15 Nov 2008 22:25:56 GMT - Yahoo! News: Business - European Economy |
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