http://www.mail.com/int/subjects/1366-economic-growth.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/int/subjects/1366-economic-growth.html http://www.mail.com/int/business/economy/2102322-imf-calls-britain-to-growth.html LONDON (AP) — The International Monetary Fund has called on Britain to do more to support the economic recovery, urging the government Wednesday to speed up investment in infrastructure and come up with a plan to privatize its bailed out banks. In a review of Britain's policies, which had been hotly anticipated after the IMF last month criticized the gove... Wed, 22 May 2013 15:32:41 GMT http://www.mail.com/int/business/economy/2102322-imf-calls-britain-to-growth.html 2013-05-22T15:32:41Z http://www.mail.com/int/scitech/news/2099634-france-plan-to-revive-economy.html PARIS (AP) — The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, Arnaud Montebourg has told the world's largest steelmaker it is not welcome in France; exchanged angry letters with the head of an Americ... Tue, 21 May 2013 14:36:36 GMT http://www.mail.com/int/scitech/news/2099634-france-plan-to-revive-economy.html 2013-05-21T14:36:36Z http://www.mail.com/int/business/economy/2092882-greece-faces-slow-jobless-recovery-year.html ATHENS, Greece (AP) — Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said. The European Commission issued the gloomy predictions Friday in a 237-page assessment of Greece's bailout agreement, as the countr... Fri, 17 May 2013 17:33:48 GMT http://www.mail.com/int/business/economy/2092882-greece-faces-slow-jobless-recovery-year.html 2013-05-17T17:33:48Z http://www.mail.com/int/business/economy/2090040-ratings-firm-warns-economic-slowdown-russia.html MOSCOW (AP) — Russia faces harsh times ahead for its economy unless the government improves the country's poor investment climate and implements long-delayed privatizations and reforms, U.S ratings agency Standard & Poor's has warned. Russia has seen more than a decade of largely uninterrupted economic growth, thanks to its lucrative oil and gas industrie... Thu, 16 May 2013 15:16:03 GMT http://www.mail.com/int/business/economy/2090040-ratings-firm-warns-economic-slowdown-russia.html 2013-05-16T15:16:03Z http://www.mail.com/int/business/economy/2086772-eurozone-recession-longest-currency-bloc.html PARIS (AP) — The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009. The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, with France a notable addition to the list. Overall, the eu... Wed, 15 May 2013 19:21:06 GMT http://www.mail.com/int/business/economy/2086772-eurozone-recession-longest-currency-bloc.html 2013-05-15T19:21:06Z http://www.mail.com/int/business/markets/2087868-eurozones-struggling-economies-mired-recession.html The eurozone is stuck in recession — its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy of the 17 EU countries that use the euro shrank for a sixth straight quarter, slumping by 0.2 percent in the January-March period from the previous three months. Initially it was just the... Wed, 15 May 2013 18:03:13 GMT http://www.mail.com/int/business/markets/2087868-eurozones-struggling-economies-mired-recession.html 2013-05-15T18:03:13Z http://www.mail.com/int/business/economy/2086460-french-economy-falls-recession.html PARIS (AP) — France's economy is in recession again — and that could spell more trouble for Europe. The national statistics agency, Insee, said Wednesday that gross domestic product fell 0.2 percent in the first quarter of the year. The agency also revised its data for the fourth quarter of last year, saying GDP fell 0.2 percent, up from a 0.3 percent ret... Wed, 15 May 2013 10:06:17 GMT http://www.mail.com/int/business/economy/2086460-french-economy-falls-recession.html 2013-05-15T10:06:17Z http://www.mail.com/int/business/economy/2086494-german-economy-returns-to-modest-growth.html BERLIN (AP) — The German economy managed to avoid sinking into recession during an unusually cold first quarter, but only just, official figures showed Wednesday. Europe's biggest economy grew by 0.1 percent in the January-March quarter compared with the previous three-month period, Germany's Federal Statistical Office said. That followed a 0.7 percent de... Wed, 15 May 2013 08:10:28 GMT http://www.mail.com/int/business/economy/2086494-german-economy-returns-to-modest-growth.html 2013-05-15T08:10:28Z http://www.mail.com/int/business/economy/2083900-eurozone-growth-hopes-emerge-industrial-data.html LONDON (AP) — A larger-than-expected increase in industrial production across the 17 European Union countries that use the euro has raised hopes that the recession in the currency bloc has eased or even ended. Official figures released Tuesday from Eurostat, the EU's statistics office, showed eurozone industrial output rose a monthly 1 percent in March, d... Tue, 14 May 2013 11:00:39 GMT http://www.mail.com/int/business/economy/2083900-eurozone-growth-hopes-emerge-industrial-data.html 2013-05-14T11:00:39Z http://www.mail.com/int/business/economy/2083822-polish-economy-barely-grew-q1.html WARSAW, Poland (AP) — Official figures show that Poland's economy barely grew in the first quarter of the year. The Central Statistical Office said Tuesday that its preliminary data show the Polish economy was only 0.4 percent bigger in the first quarter, in non-seasonally adjusted terms, than the same period a year before. The consens... Tue, 14 May 2013 09:16:03 GMT http://www.mail.com/int/business/economy/2083822-polish-economy-barely-grew-q1.html 2013-05-14T09:16:03Z http://www.mail.com/int/business/economy/2081378-spain-portugal-demand-quick-action-bank-union.html MADRID (AP) — The leaders of Spain and Portugal on Monday demanded that the 17-nation eurozone speed up efforts to create a banking union and complained that credit is frozen in their countries, preventing economic growth and crucial job creation. Many banks are lending at relatively high rates because they are worried about the weak economy. Those higher... Mon, 13 May 2013 14:02:24 GMT http://www.mail.com/int/business/economy/2081378-spain-portugal-demand-quick-action-bank-union.html 2013-05-13T14:02:24Z http://www.mail.com/int/news/world/2076210-yen-focus-g-7-discusses-nurturing-recovery.html AYLESBURY, England (AP) — Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the stimulus measures of one its members, Japan, has caused its currency to take a dramatic slide. Supporting the global economy and the role of central banks are set to be the key poin... Fri, 10 May 2013 20:41:48 GMT http://www.mail.com/int/news/world/2076210-yen-focus-g-7-discusses-nurturing-recovery.html 2013-05-10T20:41:48Z http://www.mail.com/int/business/economy/2068090-imfs-lagarde-criticizes-us-spending-cuts.html AMSTERDAM (AP) — International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in Amsterdam that was interrupted by student protestors. Lagarde said the U.S. government's debt reduction plans are too abrupt, including the $85 billion in federal budget cuts known as the sequest... Tue, 07 May 2013 16:24:17 GMT http://www.mail.com/int/business/economy/2068090-imfs-lagarde-criticizes-us-spending-cuts.html 2013-05-07T16:24:17Z http://www.mail.com/int/business/economy/2068118-german-industrial-orders-up-march.html BERLIN (AP) — Germany's economy defied the eurozone gloom as official figures released Tuesday showed industrial orders rose strongly for a second straight month. Orders for goods from Europe's biggest economy grew 2.2 percent compared with the previous month. February's level was revised down 0.1 percentage points to show a 2.2 percent rise, too. "Today,... Tue, 07 May 2013 14:56:43 GMT http://www.mail.com/int/business/economy/2068118-german-industrial-orders-up-march.html 2013-05-07T14:56:43Z http://www.mail.com/int/business/economy/2065698-spain-italy-team-up-to-demand-crisis-relief.html MADRID (AP) — The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move they hope will reduce high youth unemployment and speed up a banking reform effort aimed at stabilizing Europe's financial system. After meeting with Spanish Prime Minister Mariano Rajoy, Ital... Mon, 06 May 2013 19:31:56 GMT http://www.mail.com/int/business/economy/2065698-spain-italy-team-up-to-demand-crisis-relief.html 2013-05-06T19:31:56Z http://www.mail.com/int/business/economy/2060488-eu-predicts-eurozone-recession-to-continue-2013.html BRUSSELS (AP) — Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record levels, the European Union warned Friday. In its spring economic forecast, the EU said that gross domestic product in the 17 member countries that use the euro will shrink by 0.4 percent this ... Fri, 03 May 2013 14:32:52 GMT http://www.mail.com/int/business/economy/2060488-eu-predicts-eurozone-recession-to-continue-2013.html 2013-05-03T14:32:52Z http://www.mail.com/int/business/markets/2058328-text-statement-ecb-president-mario-draghi.html FRANKFURT, Germany (AP) — Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. I would like to thank Governor Makúch for his kind hospitality and express our special gr... Thu, 02 May 2013 13:02:23 GMT http://www.mail.com/int/business/markets/2058328-text-statement-ecb-president-mario-draghi.html 2013-05-02T13:02:23Z http://www.mail.com/int/business/economy/2050424-oil-inches-up-93-despite-us-growth-letdown.html Oil prices pushed back above $93 per barrel Monday as sentiment in financial markets was shored up by the formation of an Italian government and expectations of an interest rate reduction from the European Central Bank later this week. By early afternoon in Europe, benchmark crude for June delivery was up 35 cents to $93.35 a barrel in electronic trading ... Mon, 29 Apr 2013 12:39:13 GMT http://www.mail.com/int/business/economy/2050424-oil-inches-up-93-despite-us-growth-letdown.html 2013-04-29T12:39:13Z http://www.mail.com/int/news/world/2049484-iceland-returns-center-right-parties-to-power.html REYKJAVIK, Iceland (AP) — In a dramatic about-face, Icelandic voters have returned to power the center-right parties that led the national economy to collapse five years ago. With all votes counted Sunday, the conservative Independence Party and rural-based Progressive Party — who governed Iceland for decades before the 2008 crash — each had 19 seats in I... Sun, 28 Apr 2013 13:28:57 GMT http://www.mail.com/int/news/world/2049484-iceland-returns-center-right-parties-to-power.html 2013-04-28T13:28:57Z http://www.mail.com/int/news/world/2048378-iceland-opposition-poised-to-win-general-election.html REYKJAVIK, Iceland (AP) — Five years after Iceland's economic collapse, early returns signaled that austerity-weary voters are favoring the return of a center-right, Euroskeptic government, widely blamed for the nation's financial woes. Icelanders appeared to be opting for the Progressive and Independence parties, who are promising to ease Icelanders' eco... Sun, 28 Apr 2013 06:40:11 GMT http://www.mail.com/int/news/world/2048378-iceland-opposition-poised-to-win-general-election.html 2013-04-28T06:40:11Z http://www.mail.com/int/business/economy/2043572-below-par-us-growth-pressure-markets.html LONDON (AP) — Markets in Europe ended the week with a whimper after a surprisingly big fall in Japanese consumer prices and lower-than-expected first-quarter U.S. economic growth. The news that the U.S. economy grew by only 2.5 percent on an annualized basis during the first three months of the year was a disappointment as the consensus in the markets was... Fri, 26 Apr 2013 17:16:22 GMT http://www.mail.com/int/business/economy/2043572-below-par-us-growth-pressure-markets.html 2013-04-26T17:16:22Z http://www.mail.com/int/business/economy/2043294-britain-dodges-recession-economy-grew-q1.html LONDON (AP) — Britain has given the slip to the Triple Dip. The U.K. dodged a third recession after official figures showed the economy grew 0.3 percent in the first quarter compared with the previous three months — a better-than-expected result that offered a bit of breathing space to a government facing criticism for its tough austerity policies. ... Thu, 25 Apr 2013 14:47:16 GMT http://www.mail.com/int/business/economy/2043294-britain-dodges-recession-economy-grew-q1.html 2013-04-25T14:47:16Z http://www.mail.com/int/business/economy/2043582-german-government-raises-2013-growth-outlook.html BERLIN (AP) — The German government on Thursday raised slightly its growth forecast for this year, though it still expects Europe's biggest economy to expand by only 0.5 percent. The new forecast compares with the previous prediction in January of 0.4 percent growth. The economy grew by 0.7 percent in 2012 — much slower than the two previous years but sti... Thu, 25 Apr 2013 12:08:49 GMT http://www.mail.com/int/business/economy/2043582-german-government-raises-2013-growth-outlook.html 2013-04-25T12:08:49Z http://www.mail.com/int/business/economy/2035970-european-austerity-yields-meager-2012.html LONDON (AP) — The austerity pain pursued by a number of European countries led to very little gain in 2012. Figures Monday from Eurostat, the European Union's statistics office, showed that many of the countries hit hardest by Europe's financial crisis, such as Portugal and Spain, saw their budget deficits increase last year — even though they have pursue... Mon, 22 Apr 2013 15:54:54 GMT http://www.mail.com/int/business/economy/2035970-european-austerity-yields-meager-2012.html 2013-04-22T15:54:54Z http://www.mail.com/int/business/economy/2034868-world-finance-leaders-growth-weak.html WASHINGTON (AP) — While world finance leaders say the global economy has improved slightly this year, they said the outlook for the future was uneven with growth and job creation still too weak. The policy-setting committee for the 188-nation International Monetary Fund said governments need to act decisively to nurture a lasting recovery and restore the ... Sun, 21 Apr 2013 15:56:51 GMT http://www.mail.com/int/business/economy/2034868-world-finance-leaders-growth-weak.html 2013-04-21T15:56:51Z http://www.mail.com/int/business/economy/2027300-oil-up-to-88-rebounding-us-supply-drop.html The price of oil rose to near $88 a barrel Thursday as an unexpected drop in U.S. stockpiles of crude triggered a modest recovery from a sharp sell-off the day before. By early afternoon in Europe, benchmark oil for May delivery was up $1.20 to $87.88 a barrel in electronic trading on the New York Mercantile Exchange. The contract dropped $2.04, or 2.3 pe... Thu, 18 Apr 2013 11:37:09 GMT http://www.mail.com/int/business/economy/2027300-oil-up-to-88-rebounding-us-supply-drop.html 2013-04-18T11:37:09Z http://www.mail.com/int/business/economy/2027594-german-economy-bouncing-q4-dip.html FRANKFURT, German (AP) — Germany's economy is bouncing back from a downturn at the end of last year, according to the country's leading economic research institutes. In their twice-yearly report released Thursday, the institutes said Europe's biggest economy should see growth, moderate inflation and fewer unemployed this year. Fears that market turmoil fr... Thu, 18 Apr 2013 11:25:01 GMT http://www.mail.com/int/business/economy/2027594-german-economy-bouncing-q4-dip.html 2013-04-18T11:25:01Z