Italian Financial Minister Pier Carlo Padoan said Tuesday that the European Union (EU) and Italy must focus on making structural reforms to boost growth.
U.S. consumer credit increased at an annual rate of 7.4 percent in May, slower than a revised gain of 10 percent in April, data released by the Federal Reserve showed Tuesday.
Russian Foreign Minister Sergey Lavrov here on Monday said the South Stream gas pipeline should be built as scheduled, and urged the European Commission to implement a reasonable approach.
U.S. stocks pulled back on Monday, as investors took a breather after the Dow Jones Industrial Average and the S&P 500 set record highs last week.
The U.S. dollar pared gains and weakened against most major currencies Monday as investors are seeking more clues of about when the Fed will begin to hike interest rates.
Top Eurogroup officials said on Monday that the Eurogroup financial ministers are determined to push forward the work on reducing high tax burden on labor and reaffirms that it will be a clear policy priority.
The Board of Directors of the European Stability Mechanism (ESM) approved on Monday the disbursement of 600 million euros (816 million U.S. dollars) to Cyprus.
The Board of Directors of the European Financial Stability Facility (EFSF) approved on Monday the disbursement of 1 billion euros (1.36 billion U.S. dollars) to Greece, taking into consideration the full implementation of a set of milestones agreed in April 2014.
U.S. stocks pulled back on Monday, as investors took a breather after the Dow Jones Industrial Average and the S&P 500 set record highs last week.
In addition,sales of the group in June also reached an all-time high of 193342 vehicles,an increase of 4.8 percent compared to sales in June 2013 3.”This is the first time we have sold more than a million cars in the first half of the year. The sales in the Chinese mainland rose 23.1 percent in the first half year to 225035.