Politics

Top 5 business leaders with government connections

Government connections can provide business leaders with the influence their companies need to truly thrive – but not all political ties are above board

No ordinary world

Brussels is no ordinary European business city. As the seat of most of the EU’s administrative institutions and NATO, the capital of Belgium is, in many ways, the capital of Europe

Cuts expected to reduce police numbers

The government said on Tuesday it was cutting police red tape by scrapping two targets introduced by the ousted Labour administration ahead of budget cuts expected to see a reduction in officers. Police minister Nick Herbert said sweeping away bureaucracy would allow officers to “do more with less” but accepted that “substantial” funding cuts were […]

FinMin: Greece to tap aid when needed, eyes debt costs

Borrowing costs and the progress of talks with European and IMF officials will determine whether Greece triggers an international aid mechanism, the country’s finance minister has stated. Greek borrowing costs hit a fresh high in mid-April and investors increasingly believe the discussions will lead Greece to tap an aid package of 40-45 billion euros ($53.8bn). […]

Hungary to seek new or extended IMF/EU deal

Hungary’s new centre-right Fidesz government will seek a new financing deal or an extension to the existing agreement with the IMF and the EU, foreign minister-designate Janos Martonyi told reporters in an interview. The Fidesz party, which named Martonyi as its candidate for the top job in Hungarian diplomacy, won elections by a landslide on […]

UK finance minister refuses to rule out tax rises

British finance minister Alistair Darling has refused to rule out future tax rises to cut a gaping budget deficit. Darling is due to publish the budget for the next financial year on March 24, the last major economic showpiece before an election widely expected on May 6 when the Labour Party faces a tough fight […]

Medvedev invites Ukraine president-elect to Moscow

Russia invited Ukrainian president-elect Viktor Yanukovich recently to visit Moscow, aiming to consolidate improved relations with Kiev after years of acrimony under the outgoing president

Eurozone Jan jobless rate stable, but seen rising

Eurozone unemployment held at 9.9 percent in January, unchanged from the previous month’s downwardly revised number and better than expected, but it is likely to creep higher in coming months given still weak economic growth

Political risk becomes key market volatility driver

From southern Europe’s debt crisis to US banking reform, politics has emerged as a driver of volatility in Western markets this year in a way normally more associated with emerging economies

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