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City of London Finance Jobs Rise as Cyprus Banking Crisis Fears Subside
Recruiter Astbury Marsden reveals finance jobs in City of London increase 19% in April
Portugal Plans 30,000 Public Sector Layoffs in New Wave of Austerity Measures
Portugal is hoping to save €4.8bn with the budget cuts.
IMF Warns of Asset Bubbles and Middle Income Trap in Asian Economies
Regional authorities need to respond early and decisively to potential overheating in the Asian economies.
UK Triple-Dip Recession Dodge: What George Osborne, Ed Balls and Others Are Saying
Round-up of comments on UK's 0.3 percent growth in first quarter as triple-dip recession threat looks to have been avoided.
UK Dodges Triple Dip Recession with 0.3% Growth [VIDEO]
ONS preliminary GDP data suggests no triple-dip recession in significant boost for Chancellor George Osborne.
Spain: Quarterly Unemployment Surges to Record High 27.2% [VIDEO]
More than 6.2m jobless in Spain as youth unemployment passes 55 percent mark.
UK Public Borrowing Falls, Deficit Narrows
Chancellor George Osborne borrowed less than fiscal watchdog predicted, despite weak domestic output weighing on tax receipts.
Eurozone Economic Slump Continues Amid Surprise German Slowdown [VIDEO]
German economic activity in April slows for the first time in five months as Cyprus headwinds hit the eurozone core.
Funding for Lending: Business Groups Welcome George Osborne Plan to Extend £80bn Scheme
Chancellor George Osborne set to expand Funding for Lending so it specifically targets SME finance to improve credit conditions for small firms.
Italian Shares, Bonds Rise as Napolitano Election Raises Hopes For New Government
Giorgio Napolitano becomes first two-term president after weekend vote that could mark end of political gridlock.
Cash-Strapped Greece Sells off Palaces and Islands
A range of state assets, including palaces and marinas, are being sold by the Greek state to meet conditions for the latest 8 billion euro bailout.
Britain May Escape Triple-Dip Recession Despite Challenging Economic Climate
Different surveys predict the UK will avoid triple-dip recession.
European Market Briefing: Shares Head for Weekly Decline Amid Commodity Price Volatility [VIDEO]
European Market Briefing: Shares Fall for a Fourth Day as Growth Concerns Persist [VIDEO]
Mark Carney: Bank of England Alone Can't Save UK Economy from Crisis
Appearing to back Osborne over IMF on austerity, incoming BoE governor Carney said fiscal adjustments only route to sustainable economic growth for UK.
European Markets Rise Ahead of Italy Presidential Election and G20 Meeting
European shares advance in early trade as they pare huge losses over the week.
Cyprus Finance Minister Hints at Gold Sale Within Months
Cypriot central bank has earlier denied reports of gold sale.
UK Unemployment Up As Workers Suffer Lowest Wage Growth Since Records Began
ONS labour market data shows worsening picture for both employed and unemployed.
European Markets Gain as Investors Await UK Employment Data
Wall Street's strong gains on positive economic data help European markets to open on a higher note.
IMF Nudges Osborne on Austerity as it Slashes UK Growth Forecasts
International Monetary Fund predicts just 0.7 percent growth for UK economy in 2013.
IMF Cuts Global Growth Forecast As Austerity Bites in US and Europe
International Monetary Fund says advanced nations will expand at a 1.2 percent pace, compared to 5.3 percent for emerging and developing economies.
China's First-Quarter GDP Growth Eases to 7.7% on Lower Industrial Output
China attributes weak growth rate to global economic tensions and domestic controls such as property cooling measures.
Gold Loses Sheen as Prices Drop Over 20% from Record Highs
Cyprus bailout concerns contribute to the continued weakness of gold as precious metal dips below $1,400 for the first time since March 2011.
Cyprus in Crisis: President Asks EU for Financial Assistance Despite Bailout
Nicos Anastasiades says he’s writing to EU officials to ask for extra assistance and support despite the €10bn bailout
Cash-strapped Egypt Owes BP $3bn
Egyptian government late on half of payments to oil companies as post-Arab Spring uncertainty damages economy.
European Markets Decline on Caution Over EU Meeting
European markets retreat after four straight days of gains.
Germany Urges Portugal to Stay on Austerity Path after Court Rules Against Coelho
Portugal's PM suffers setback in efforts to trim spending and reform public sector.
Gerard Depardieu 'Too Busy Filming' to Appear in French Court Over Drink Driving Charge
Actor misses court appearance for second time for November drink driving incident.
Cyprus Cure Sets Tone for Future Eurozone Problems [BLOG]
EU fix of Cyprus bailout sacrificed ordinary savers and rich Russians to German elector sentiment, argues James Pollock.
Cypriot Banks Set to Resume Full Day Operations with Capital Curbs
Capital controls to continue for longer belying earlier expectations.
Depositor’s Guide: Cyprus Capital Controls To Prevent Bank-Run
As the banks reopen, IBTimes UK outlines the strict capital controls in place