Business in EuropeEuropean Economy Business Blog |
AP - France's junior minister for employment said Friday a surveillance mechanism is to be put into place to make sure only companies in real financial difficulty shed jobs or move abroad.
Comments Off AP - World markets barely rose Friday as profit-taking following gains earlier in the week was offset by stock buying from pension funds balancing their portfolios at the month's end.
Comments Off AP - The European Commission on Friday asked EU governments to approve a 6.5 billion euro ($8.5 billion) loan to Hungary announced earlier this week and to more than double a special crisis fund to help any other EU nations in financial trouble.
Comments Off AP - Ukraine's central bank said Friday that it had won a promise from several top commercial banks to help stabilize the national currency, which has lost over a quarter of its value in a severe financial crisis.
Comments Off AP - Russia's Central Bank said Friday it aims to let the ruble, whose value is now pegged to other currencies, float freely on currency markets in the next few years.
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