BUDAPEST/WARSAW Hungary and Poland will keep monetary policy loose through to 2018, shrugging off rising inflation, while the Czech central bank may be the region's first to tighten later this year, rate setters told the Reuters Central & Eastern Europe Investment Summit.
BUCHAREST Romania believes moves toward a "multi-speed" European Union could cause divisions in the bloc, and does not favor the creation of new mechanisms to address rule-of-law issues in Hungary or Poland, its foreign minister said on Wednesday.
LONDON British luxury carmaker Aston Martin on Wednesday reported its first Q1 profit in a decade, marking a turnaround in its performance which could propel the company toward a market flotation.
LONDON Rival European cities face a five-month fight to host two European regulators that will have to leave post-Brexit London, with officials setting out procedures for determining their new locations via a stepped voting system.
BERLIN Greece will not need any debt relief from euro zone governments if it keeps its primary surplus above 3 percent of GDP for 20 years, a confidential paper prepared by the euro zone bailout fund, the European Stability Mechanism (ESM), showed.
BRUSSELS The European Union is poised to impose sanctions against more Congolese officials, sources in Brussels said, amid worsening violence in the resource-rich country since President Joseph Kabila overstayed his mandate and pushed back elections.
FRANKFURT The euro zone housing market is not overheating but there are pockets of elevated prices which require attention, especially around major cities, European Central Bank Vice President Vitor Constancio said on Wednesday.
LONDON Foreign holdings of German government bonds have fallen to their lowest since before the financial crisis in 2008, data suggests, a potential headache for the European Central Bank which buys the bulk of assets for its stimulus scheme from among the debt.
LONDON Britain's biotech sector boasts the strongest new drug pipeline in Europe but industry leaders say it needs continued access to global talent, funding and regulatory clarity to thrive in the future - all of which could be jeopardized by Brexit.
NEW YORK More than 20 banks and asset management firms are in advanced discussions with regulators in France about shifting jobs there following Britain's vote to leave the European Union, former Bank of France chief Christian Noyer said on Tuesday.
ZURICH A person in Germany treated with Roche Holding AG’s new multiple sclerosis drug Ocrevus has been diagnosed with an often-deadly brain infection after switching from another medication earlier this year, the Swiss drugmaker said on Wednesday.
PARIS A morality campaign by France's new government took a knock on Wednesday when media disclosed that one minister had rented business offices from his female partner, though the government defended him and said there was no cause for resignation.
WASHINGTON The U.S. government filed a civil lawsuit on Tuesday accusing Fiat Chrysler Automobiles NV of illegally using software to bypass emission controls in 104,000 diesel vehicles sold since 2014. | Video