Latest Euro Stories

NEW DELHI, April 11, 2013 /PRNewswire/ -- * Ninth round of survey shows optimism for the third consecutive quarter running * 74 per cent of the 500 Indian CEOs/CFOs surveyed report that overall economic conditions have improved or remained same in the Jan-March quarter over the previous quarter * Two in five respondents expect economic situation to improve in the April-June quarter A strong commitment by the government to improve economic conditions and a...

NEW YORK, March 13, 2013 /PRNewswire/ -- A new report by the World Gold Council, "Central bank diversification strategies - rebalancing from the dollar and the euro", examines the growing trend of central banks' actively looking to diversify their reserve portfolios. While the dollar is still the primary global currency, its long-term dominance is less certain. In response, central banks are reducing allocations to US dollars and euros while increasing purchases of traditional...

LONDON, March 12, 2013 /PRNewswire/ -- AXA car insurance [http://www.axainsurance.com/car ] research reveals which drivers are happiest - and a luxury car doesn't guarantee you a smile. Drivers of luxury car brands such as BMWs, Aston Martins and Lexus really do enjoy driving more than owners of 'everyday' cars such as Peugeots and Renaults - but not by much, according to AXA's 2012 annual Motoring Census. In most cases, it seems that money can buy happiness, as...

FRANKFURT AM MAIN, Germany, March 7, 2013 /PRNewswire/ -- European DataWarehouse (GmbH) (ED) is pleased to announce today that it has appointed Jose Manuel Gonzalez-Paramo as Chairman. Jose Manuel will oversee the direction of ED, which was created in mid-2012 with the support of the European Central Bank (ECB), the Eurosystem National Central Banks and global investors (through the Market Group and ECB Technical Working Groups) to respond to the need for full...

BRUSSELS, Feb. 27, 2013 /PRNewswire/ -- The Conference Board Leading Economic Index(® )(LEI) for the Euro Area increased 1.0 percent in January and now stands at 106.2 (2004=100), after increasing 0.3 percent in December 2012 and 0.6 percent in November 2012. "The Euro Area Leading Economic Index improved for the third month in a row, indicating that stabilizing financial conditions are having a positive effect on the economic outlook," said Bert Colijn, Economist for Europe at The...

MARANELLO, Italy, Feb. 18, 2013 /PRNewswire/ -- In 2012 Ferrari posted records results in its best ever trading period in the company's 66-year history. This fact was confirmed when the Ferrari Board of Directors met today under the chairmanship of Luca di Montezemolo to examine the company's end-of-year results. All the main economic indicators exceeded the previous records set in 2008 despite a much poorer world economic backdrop. A total of 7,318 road cars were...

MOSCOW, February 15, 2013 /PRNewswire/ -- Angel Gurria, Secretary-General of the OECD discussed pressing economic questions in an exclusive interview with RT. The interview aired in full on February 15, 2013. Gurria expressed his skepticism regarding the proposed tax on financial transactions, which has been widely discussed in Europe. He noted that "only a few countries will adopt it. And if it's not adopted by all the countries in the world, at least all the...

NEW YORK, Jan. 30, 2013 /PRNewswire/ -- Driven by austerity and massive job cuts, Europe's most troubled economies have dramatically improved their labor competitiveness since Q2 2011, according to a new Executive Action Report from The Conference Board. Labor costs have declined substantially in Greece, Portugal, and Spain, closing competitiveness gaps with Germany, France, and other "core" economies, finds the report, which asks Will the Decline in Unit Labor Cost in Europe's...

BRUSSELS, Jan. 28, 2013 /PRNewswire/ -- The Conference Board Leading Economic Index(® )(LEI) for the Euro Area increased 0.4 percent in December and now stands at 105.5 (2004=100), after increasing 0.6 percent in November and decreasing 0.2 percent in October. "The Euro Area LEI increased moderately for a second month in a row, again with widespread gains among its components. This month's LEI increase was driven by improved consumer and business confidence," said Bert Colijn,...

DAVOS, Switzerland, Jan. 21, 2013 /PRNewswire/ -- Global business leaders have entered the New Year feeling surprisingly confident about future growth prospects, according to the latest research from FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value. In a poll of more than 1,000 business leaders in major global economies, FTI Consulting found that 77% of respondents are...