European Central Bank

(AP Photo)

Barcelona-Paris bullet train starts up on Dec. 15

MADRID (AP) – The leaders of Spain and France have announced that a new high-speed rail link between their countries will be inaugurated on Dec. 15. Speaking in Madrid, Spain’s Mariano Rajoy and France’s Francois […]

11/27/2013

President of the European Central Bank (ECB) Mario Draghi, left, and Governor of the French National Bank Christian Noyer arrive for a news conference of the European Central Bank at the French National Bank in Paris, Wednesday, Oct. 2, 2013. (AP Photo/Michel Spingler)

Outside US, ripple effects of budget battle feared

PARIS (AP) — Top European officials are keeping a worried eye on the U.S. government shutdown, saying it could pose a risk for the continent’s fledgling recovery. The U.S. has the world’s largest economy and […]

10/02/2013

A man pays for drinks at a market bar in Madrid, Spain, on Tuesday, Aug. 13, 2013. (AP Photo/Daniel Ochoa de Olza)

Eurozone’s longest-ever recession comes to an end

MADRID (AP) — Minube, a travel startup on the outskirts of Madrid, is doing something that many Spanish companies haven’t thought about for years: It’s hiring. The company, which sells bookings as it helps travelers […]

08/14/2013

(AP Photo)

Stocks end with strong gains after jobs report

NEW YORK (AP) – A see-saw start for stocks ended with a rally Friday, as traders decided that a healthy job market mattered more than the Federal Reserve scaling back its economic stimulus. After the […]

07/05/2013

(AP Photo)

Bloomberg editor apologizes on information access

NEW YORK (AP) — The editor-in-chief of Bloomberg News apologized Monday for the financial news service’s practice of accessing private data on clients through the company’s information service. Journalists at Bloomberg News, until recently, had […]

05/13/2013

Stock rally

Strong US jobs report triggers stock market rally

LONDON (AP) — Stock markets rallied on Friday, with both the Dow and S&P hitting new highs, after an unexpectedly strong U.S. jobs report indicated the world’s largest economy is not slowing down, as some […]

05/03/2013

(AP Photo)

Fed keeps stimulus, says taxes and cuts have hurt

WASHINGTON (AP) — The Federal Reserve on Wednesday stood by its aggressive efforts to stimulate the economy and reduce unemployment. And it sent its most explicit signal to date that tax increases and spending cuts […]

05/01/2013

Michalis Sarris, Finance Minister of Cyprus (AP Photo)

Cypriot finance minister resigns amid crisis probe

NICOSIA, Cyprus (AP) — Cyprus finance minister, Michalis Sarris, resigned Tuesday after less than five weeks in the job, to make way for a government investigation into how the country’s economy nearly collapsed last month.

04/02/2013

(AP Photo)

Cyprus secures bailout, avoids bankruptcy

BRUSSELS (AP) — Cyprus secured a $13 billion package of rescue loans in tense, last-ditch negotiations early Monday, saving the country from a banking system collapse and bankruptcy that could have destabilized the entire euro area.

03/24/2013

Spain to offer residency for foreigners who buy houses

MADRID (AP) – Want to live in Spain? It looks like you’ll be welcome there, as long as you buy a house or apartment that’s worth more than $200,000. The plan outlined today by the […]

11/19/2012