November 27th @ 4:26 PM GMT
Yahoo! When a handful of European leaders met Barack Obama in Berlin this month to say their goodbyes, Italian Prime Minister Matteo Renzi informed the group that he may well lose power before the U.S. president. While Obama leaves office on Jan. 20, Renzi has promised to resign if he does not win a Dec. 4 referendum on constitutional reform, opening the way for renewed political instability in the eurozone's third largest economy. ''I have no desire to hang around if I lose,'' Renzi told the... (World)
November 28th @ 11:00 AM GMT
Yahoo! Growth in borrowing by businesses and households in the eurozone picked up only slightly in October, the European Central Bank said Monday, firming up analysts' expectations it will extend monetary easing next week. ECB policies are aimed at boosting growth and investment by pushing banks to lend to households and businesses in the real economy. The bank insists its measures are working, but loan growth has failed to show the sharp uptick hoped for since its last batch of monetary policy m... (Politics)
November 27th @ 8:32 PM GMT
Yahoo! Francois Fillon, set to become the presidential nominee of the French right, is a Thatcher fan who has pledged to slash state spending, restore ties with Russia and defend traditional family values. Europe must act as the ''balance of power'' in the world, he says, calling for greater convergence among eurozone members. (Politics)