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ECB concern over liquidity scheme
The European Central Bank voiced its “high concern” at growing evidence that banks are exploiting its efforts to unblock the frozen funding markets by using its liquidity scheme to offload more risky assets than it envisaged
German growth helps spur eurozone
A dramatic German growth spurt powered a reacceleration in eurozone growth at the start of this year, in contrast to the sharp US slowdown
Surge in exports lifts French GDP
The French economy grew by an above forecast 0.6 per cent in the first three months of 2008, powered by a surge in exports, proving the resilience so far of the eurozone’s second largest economy in the face of a global slowdown
Brown dismisses leadership ‘gossip’
Prime minister brushes off leadership speculation as he begins a media blitz designed to allay public concern about the economy and re-assert his authority
Berlin sees spy threat to business
Germany accused Russian and Chinese spies of increasing their efforts to steal technical secrets from companies
Ukraine energy scheme backers revealed
A company owned by Ukraine’s richest man has revealed it is one of three financial backers for an important hydrocarbon project whose fate was put in doubt by Kiev’s prime minister
German banking regulator rejects blame
Germany’s top banking regulator, BaFin, denied it could have done more to head off the problems encountered by some of the country’s banks
Italy cracks down on gypsies
Italy’s new centre-right government announced the arrests of more than 400 people in a crackdown on illegal immigration but drew protests from community leaders who accuse the authorities of fuelling vigilante attacks on minorities
Uncertain German future despite robust data
Heavy investment spending was largely responsible for Germany’s stellar growth at the start of the year and consumer spending – long the country's Achilles’ heel – seems to have been boosted by falling joblessness
Editorial comment: Monster-bankers
It may be true that bank regulators need a new set of teeth. But Germany’s political class clearly has a thing about the awesome beast that is capitalism
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