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Bank of England proclaims Britain`s economic recovery

Last Updated: Wednesday, November 13, 2013, 19:42

Britain`s economic recovery "has finally taken hold", the Bank of England said on Wednesday as it upgraded its growth forecasts despite headwinds from the eurozone debt crisis.

EU fiscal pact on Budget discipline blocked in Germany

Last Updated: Saturday, March 02, 2013, 15:54

The fiscal pact, which was signed by 25 of the EU's 27 member nations in March, 2012, has been one of the key instruments at the disposal of the eurozone countries to deal with the debt crisis.

Eurozone slides back into second recession since 2009

Last Updated: Friday, November 16, 2012, 09:26

Gross domestic product in the eurozone fell 0.1 percent in the three months through September, following a 0.2 percent drop in the second quarter.

'Crisis restricting small firms' access to credit'

Last Updated: Saturday, November 03, 2012, 12:32

The banking and debt crisis is increasingly restricting access to credit by the euro zone's small and mid-size firms, according to a study released Friday by the European Central Bank.

Italy within reach of economic recovery: Mario Monti

Last Updated: Thursday, September 06, 2012, 12:34

Italy has averted the worst case scenario of the debt crisis and economic recovery in the eurozone's third largest economy is within reach, Italian Prime Minister Mario Monti said.

'Deteriorating eurozone crisis may slow Chinese economy'

Last Updated: Saturday, August 25, 2012, 13:30

A further deterioration in the eurozone debt crisis could slow China's economic growth, a team of economists said in a report.

German minister says no to Spain’s aid request

Last Updated: Saturday, July 28, 2012, 19:57

Asked about talk that Spain could soon make an application for the eurozone rescue fund to buy bonds, he replied, "There is nothing to this speculation."

India ranks 85th among most exposed markets to European crisis

Last Updated: Wednesday, July 25, 2012, 13:50

India and other key emerging markets have been categorised as having high exposure to Europe's economic woes by a risk analysis firm, Maplecroft.

Opec crude oil production dips to 31.72mb/d in June

Last Updated: Thursday, July 12, 2012, 12:23

Crude oil production in Opec countries dipped by 30,000 barrels per day to 31.72 million b/d in June, according to a Platts survey.

No policy paralysis in UPA-II

Last Updated: Thursday, July 05, 2012, 23:31

The government on claimed the country would bounce back to eight percent growth rate this financial year and held there was no paralysis in the UPA II government as alleged by some sections.

Obama discusses Eurozone crisis with Italy PM

Last Updated: Tuesday, June 26, 2012, 08:52

The President called on Monti who provided an update on economic developments in Europe, a White House statement said.

India to focus on infrastructure-led growth at G20

Last Updated: Saturday, June 16, 2012, 19:31

Manmohan Singh voiced concern over a deepening eurozone crisis impacting India.