[ad_1] Finland’s largest companies, with combined revenue of about €244 billion ($267 billion), are largely retrenching in response to higher borrowing costs intended to tackle inflation. Just one in every…
Tag: Euro Spot
France Plans Bill to Boost Country’s Attractiveness for Finance
[ad_1] French Finance Minister Bruno Le Maire said the government will present a bill of measures aimed at luring more foreign financial firms to the euro area’s second-largest economy. “We…
Denmark Picks Kettel Thomsen as Governor to Defend Krone Peg
[ad_1] Denmark has picked Christian Kettel Thomsen, 63, as its new central bank governor to defend the strengthening Danish krone’s peg to the euro. The economist, currently a vice president…
The Bosses Want Rate Cuts: The London Rush
[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. It’s a stormy start to the year for us all, and the…
Sweden’s Economic Contraction Driven by Sputtering Export Engine
[ad_1] A decline in exports dragged down Sweden’s economy in the second quarter, even as output contracted less than previously estimated. Calendar-adjusted gross domestic product shrank by 0.8% in the…
BOE Rate Decision, Sunak Testifies: Sunday UK Briefing
[ad_1] Follow us at @BloombergUK and on Facebook, and wrap up your day with The Readout newsletter. Hello again. Here’s what we’re taking about heading into the new week, the…
Meloni Unveils Italy 2023 Budget With Touch of Extra Stimulus
[ad_1] Italian premier Giorgia Meloni unveiled a slightly more expansive fiscal outlook for this year, aiming for an extra sliver of economic growth through tax cuts. The euro zone’s third-biggest…
German Economy Stalled in Second Quarter, Weighed Down by Trade
[ad_1] Business confidence in Germany took another hit in August, despite the economy just exiting a recession in the second quarter. The Ifo institute’s sentiment gauge dropped to 85.7 from…
Riksbank Governor Says Gang Crime Risks Long-Term Economic Hit
[ad_1] Sweden’s gun-crime epidemic poses a potential long-term threat to the Nordic nation’s prosperity, Riksbank Governor Erik Thedeen said, joining the business leaders concerned about gang violence that has shaken…