By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt says higher taxes and curbs on…
IMF backs UK plan for $65 billion of budget tightening
By David Milliken LONDON (Reuters) -The International Monetary Fund’s managing director, Kristalina Georgieva, said she had spoken with British finance…
Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) -European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are…
Spain to announce details on mortgage relief measures next Tuesday
MADRID (Reuters) -The Spanish government expects to unveil details of mortgage relief measures to help vulnerable households and middle-class clients…
German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche
BERLIN (Reuters) – Germany’s federal employment agency does not expect a wave of insolvencies in 2023, with moderate insolvency benefit…
Brazil is not out of the woods on inflation amid fiscal concerns -central bank chief
BRASILIA (Reuters) -Brazil is not out of the woods on inflation and policymakers still see work to be done, said…
Europe’s uneven inflation levels make ECB’s action challenging, Spanish minister says
MADRID (Reuters) – The different inflation levels in euro zone countries make the European Central Bank’s monetary policy action challenging,…
Biden to meet with Ford CEO, UAW Friday on economy
By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden on Friday will meet on the economy with business and labor…
German government deficit could hit 3.5% in 2023 – Spiegel
BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on…
ECB has ‘long way’ to go with rate hikes, Knot says
FRANKFURT (Reuters) – The European Central Bank still has a “long way” to go before interest rates peak, as inflation…