Loans to the euro zone private sector declined further. (Photo : REUTERS)Structure showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt European region's private sector loans declined further last month as investors gain less interest for spending.
Europe
Bankia sells Inversis stake to Banco de Madrid
Banco de Madrid gained Bankia's stake at Inversis. (Photo : REUTERS)Spain's Santander plans to invest in the country's so-called bad bank in a sign that healthy domestic lenders are willing to support the entity created to clean up the aftermath of a 2008 property crash.
Pekao Seeking New Acquisitions
Pekao, after failing to purchase Nordea Bank Polska, is now seeking out new acquisitions. (Photo : Reuters)The image is the corporate logo of Bank Pekao SA.
Russian mogul bids to rule Swiss steelmaker
Viktor Vekselberg continues expanding by initiating a bid to buy Schmolz+Bickenbach. (Photo : Reuters)Russian tycoon Viktor Vekselberg gives a speech in an assembly.
Syndicated loan volume flat in three regions
Europe, Middle East, and Africa all experienced a generally flat syndicated lending volume. (Photo : Reuters)The European Central Bank is expected to print money to prevent a further escalation of the euro zone's debt crisis.
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Confidurista said that Italy's economy will decline further. (Photo : Reuters)The image is the Italian flag with the Parliament at the backdrop. Further contraction is expected for the economy of Italy.
Ireland's economy is still in recession as the end of bailout approaches. (Photo : Reuters)Ths is the flag of Ireland. The Irish economy dipped into a state of recession during the last quarter of 2012 and proceeded to contract until early this year, according to the new and revised figures posted on Thursday.
Tax havens like the British Virgin Islands gained massive amounts of investments while Belgium and most Euro zone markets failed.
Peugeot unions voiced concerns in the proposed deeper tie-up plans for the company and General Motors.
Italian carmaker Fiat said on Friday that it will increase its stake in RCS Mediagroup. (Photo : Fiat)Italian truck and tractor major Fiat Industrial and its U.
European regulators directed RBS to sell its 315 branches next month corresponding to the state's terms in rescuing it.
Investcorp's Skrill sale made bankers prepare for debt investment of around GBP300 million or US$456.16 million.
China National Petroleum Corp pays out US$5 billion for a share in the Kashagan oil fields of Kazakhstan.
Fresenius sold its transplantation medicine and anti-cancer cell drug to Neopharm. (Photo : Reuters)The image is the front foyer of German healthcare giant Fresenius SE.
