Economy
Germany fights eurozone firewall moves
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
Steffen Seibert, spokesman for Angela Merkel, insisted that Berlin saw no need to increase the size of the €500bn European Stability Mechanism
Germans revive Greek Marshall Plan idea
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
Business leader says investors are poised to put money into projects provided reforms create framework to protect their investments
MPC strongly backed stimulus increase
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
Financial policymakers at the Bank of England were unanimous in backing more financial stimulus at their meeting in February
Dublin to sell up to €3bn in state assets
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
Plans for the sale of a minority stake in state electricity company ESB have been abandoned amid trade union concerns over privatisation
PMI data show eurozone closer to recession
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
The unexpected weakness of the purchasing managers’ indices highlights the 17-nation bloc’s fragility in the wake of its debt crisis
Obama proposes corporate tax cut
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
The president has proposed slashing the US corporate tax rate from 35 to 28 per cent in a move that could determine where global companies choose to invest
Hungary hits at Brussels funds threat
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
Budapest condemns ‘unfounded and unfair’ European Commission plans to suspend nearly €500m of funding because of an excessive budget deficit
Stocks struggle amid lacklustre economic data
News update in the category Economy on Wednesday 22 February 2012 at 4:00 PM
Risk appetite has been blunted by economic activity data from the eurozone and China, and doubts over Athens’ ability to enact reforms