In Germany,the eurozone’s main powerhouse,the OECD raised its forecast by 0.6 percentage points to 1.7 percent this year and 0.4 percentage points to 2.2 percent in 2016 6.Looking to French economy,it revised up growth estimation to 1.1 percent in 2015 against a previous estimate of 0.8 percent.
Greece sold 1.3 billion euros (1.38 billion US dollars) on Wednesday in its third treasury bills auction this month, the country’s Public Debt Management Agency announced.
France, Germany and Italy joining the United Kingdom as prospective founding members of the Asian Infrastructure Investment Bank (AIIB) should ensure high standards of governance, according to a European Parliament (EP) group.
The “new normal” in the Chinese market shall be considered in the strategic planning of BMW Group, CEO of the German automaker said on Wednesday at its annual press conference.
The European Commission on Wednesday presented a package of tax transparency measures with the aim to tackle corporate tax avoidance in the European Union (EU).
Early estimates for the euro zone international trade in goods show that there was a 7.9-billion-euro (8.38 billion U.S. dollars) surplus in January, the statistical office of the European Union (EU) Eurostat said on Wednesday.
The U.S. dollar fell against most major currencies on Tuesday as investors were closely watching the Federal Reserve’s two-day policy meeting.
U.S. stocks closed mixed Tuesday, as investors were closely watching the Federal Open Market Committee’s (FOMC) two-day meeting.
Spanish treasury placed treasury bills valued at 2.510 billion euros (2.663 billion U.S. dollars) on the market on Tuesday at very low interest rates and registering a high demand of more than 8.270 billion euros.
The Riksbank thus further lowered its repo rate,the rate at which the central bank lends to commercial banks,from minus 0.1 percent to minus 0.25 percent and announced that it would buy 30 billion krona(3.42 billion U.