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Russian economy has most to lose in Ukraine crisis—EU

Fishermen fill the boxes with Baltic smelt at the pier on the Neva River in St. Petersburg on April 21, 2014. A top European Union official said on Monday, May 5, that the worsening situation in Ukraine is hurting the Russian economy more than the economies of the EU.  AFP PHOTO/OLGA MALTSEVA

A top European Union official said on Monday that the worsening situation in Ukraine is hurting the Russian economy more than the economies of the EU.

Posted: May 6th, 2014 in Latest Business Stories | Read More »

Spain exits recession, raising timid hopes for Europe

AP Photo

Spain inched out of its two-year recession with timid growth in the third quarter, the country’s central bank said on Wednesday, fuelling fragile hopes of a broader eurozone recovery.

Posted: October 23rd, 2013 in Latest Business Stories | Read More »

A year after bailout fears, Spain wins back investors

AP FILE PHOTO

Cast as the sick man of the eurozone a year ago, Spain seems at last to be luring back investors despite lingering threats to its recovery.

Posted: September 22nd, 2013 in Latest Business Stories | Read More »

Ireland officially exits recession

AFP FILE PHOTO

Bailed-out eurozone nation Ireland exited recession in the second quarter with economic growth of 0.4 percent, official data showed on Thursday.

Posted: September 19th, 2013 in Latest Business Stories | Read More »

Solid figures from China, Europe shore up markets

Investors chat in front of the stock price monitor at a private securities company in Shanghai, China, Wednesday, Aug. 21, 2013. Asian stock markets were choppy Wednesday as traders waited for hints from the U.S central bank about when it will begin to reduce its massive stimulus effort. AP

Solid economic figures out of China and Europe helped lift the mood in financial markets Thursday in a week when investors have been largely fretting over when the U.S. Federal Reserve will start to reduce its monetary stimulus.

Posted: August 22nd, 2013 in Latest Business Stories | Read More »

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