Business in EuropeEuropean Economy Business Blog |
AP - Wolfgang Schmitz, former Austrian finance minister and president of the country's central bank, died early Sunday, his People's Party said in a statement. He was 85.
1 Comment 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.
AP - Britain's government risks seeing the value of its currency collapse unless public borrowing is kept under control, one of the country's senior opposition politicians said in an interview published Saturday.
Comments Off AP - Sweden's financial markets minister is warning that the government's bank guarantee scheme could become compulsory for the Nordic country's main banks unless more of them sign up for it.
Comments Off AP - The Netherlands' prime minister has left the economic summit in Washington following the death of his father, his office said Saturday.