Western Europe

Spanish police arrest three linked to 25-million-euro art heist

Spanish police arrest three linked to 25-million-euro art heist

Published 31/01/2017

Spanish police arrested three people on Tuesday in connection with the theft of five paintings by the Irish-born artist Francis Bacon that were worth 25 million euros ($26.88 million), the Interior Ministry said.

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Euro zone inflation rise not convincing: Draghi

Euro zone inflation rise not convincing: Draghi

Published 19/01/2017

European Central Bank (ECB) President Mario Draghi addresses a news conference at the ECB headquarters in Frankfurt, Germany, January 19, 2017. REUTERS/Kai Pfaffenbach

Rising inflation in the euro zone is primarily being driven by fluctuating energy prices and there are no signs it is sustainable, European Central Bank President Mario Draghi said on Thursday.

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French presidential candidate Fillon says will outline EU plans to Merkel

French presidential candidate Fillon says will outline EU plans to Merkel

Published 10/01/2017

Francois Fillon, member of Les Republicains political party and 2017 presidential candidate of the French centre-right, presents his New Year wishes at a news conference at his campaign headquarters in Paris, France, January 10, 2017. REUTERS/Philippe Wojazer

French conservative presidential candidate Francois Fillon will meet German Chancellor Angela Merkel on January 23 to outline his plans for a Europe which he said should focus on defense, security and a tighter euro zone.

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Germany`s Gabriel says EU break-up no longer unthinkable

Germany`s Gabriel says EU break-up no longer unthinkable

Published 07/01/2017

German Economy Minister Sigmar Gabriel addresses a news conference in Berlin Germany, December 19, 2016. REUTERS/Fabrizio Bensch

Germany's insistence on austerity in the euro zone has left Europe more divided than ever and a break-up of the European Union is no longer inconceivable, German Vice Chancellor Sigmar Gabriel told Der Spiegel magazine.

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Prices rise and businesses grow, but ECB probably not for turning

Prices rise and businesses grow, but ECB probably not for turning

Published 04/01/2017

The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016. REUTERS/Ralph Orlowski

A sharp rebound in euro zone inflation and a better-than-expected business outlook are certain to fire up demands from some hardliners for the European Central Bank to choke off it ultra-generous monetary policy.

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New Year, new high for euro zone stock markets

New Year, new high for euro zone stock markets

Published 02/01/2017

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, December 30, 2016. REUTERS/Staff/Remote

Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years.

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Greek Finance Minister defends one-off bonus, sees controversy blowing over

Published 15/12/2016

Greek Finance Minister Euclid Tsakalotos delivers a speech during a parliamentary session before a budget vote in Athens, Greece, December 10, 2016. REUTERS/Alkis Konstantinidis

Greek Finance Minister Euclid Tsakalotos on Thursday defended Athens' plans to pay out one-off benefits for low-income pensioners ahead of Christmas.

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Bollore`s raider reputation rattles Berlusconis in battle of billionaires

Published 13/08/2016

File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company's shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo

When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV business of Italian broadcaster Mediaset (MS.MI), and instead proposed to take a large slice of the parent company itself, investors feared he was plotting another stealth raid.

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Turner targets millennial viewers with Refinery29 investment

Published 11/08/2016

Time Warner Inc's Turner Networks has agreed to acquire a stake in U.S. digital publisher Refinery29 in a $45 million funding round with other investors to expand its audience of millennial women, the companies said on Thursday.

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