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 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.
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.
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 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.
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.
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.
Members of the European Parliament (MEPs) will vote on Monday to decide who chairs the various parliamentary committees in Brussels. But after a tense plenary session last week in Strasbourg a further row is set to erupt over the chairmanship of the 20 specialized standing committees that help shape EU legislation.
The inflow of remittances by millions of non-resident Bangladeshis in the 2013-14 fiscal year concluded in June reached 14.23 billion U.S. dollars, an official said Sunday.
Ireland’s economy, as measured by gross domestic product (GDP), grew strongly by 2.7 percent in the first quarter of the year, according to official figures on Thursday.