Business in EuropeEuropean Economy Business Blog |
AFP - French President Nicolas Sarkozy, speaking just ahead of an EU summit on Friday, insisted on the need to "coordinate economic policies" in Europe, while admitting this is "a controversial subject".
AP - Latvia's economy crashed in the third quarter, the national statistics office said Friday, with output shrinking 4.2 percent year-on-year as the global financial crisis accelerated the Baltic nation's woes.
AP - EU leaders on Friday considered a financial reform to-do list for next week's summit in Washington, with France pushing a deadline for a global deal by late March to prevent a repeat of the Wall Street excesses that caused havoc in markets worldwide.
AP - Individual bankruptcies in Britain jumped 9.5 percent in the third quarter from last year, while company insolvencies rose a stunning 26 percent as the financial crisis hiked the cost of loans, official figures showed Friday.
AFP - French President Nicolas Sarkozy, speaking just ahead of an EU summit Friday, insisted on the need to "coordinate economic policies" in Europe, while admitting this is "a controversial subject".