Paul Taylor

Do-little G20 summit leaves markets unperturbed

June 28, 2010

PARIS (Reuters) – Stock markets perked up on Monday after world leaders failed to agree on a global bank levy and softened the timetable for new capital requirements at a do-little G20 summit in Canada which posed questions about the forum’s effectiveness.

French Asterix resists austerity in word only

June 28, 2010

PARIS (Reuters) – Barricaded in the last free village in Gaul, plucky little Asterix is resisting the massed armies of austerity that have swept across Europe threatening to snuff out economic recovery.

Europeans act alone on bank tax before G20

June 23, 2010

PARIS/BERLIN (Reuters) – Germany, France and Britain announced plans on Tuesday to introduce a bank levy to help meet the costs of the financial crisis, without waiting for a G20 summit this week, underscoring a rift with key partners.

German-Spanish whispering wars hit euro zone

June 18, 2010

PARIS (Reuters) – A whispering war between German and Spanish officials has exacerbated the euro zone’s debt crisis this month, keeping financial markets on edge and exposing deep frustrations in Berlin and Madrid.

France and Spain move on reforms before EU summit

June 17, 2010

MADRID/PARIS (Reuters) – Spain and France announced politically unpopular labour and pension reforms on Wednesday in the face of financial market pressure on euro zone states to clean up their finances.

France, Spain set reforms amid euro zone pressure

June 16, 2010

MADRID/PARIS (Reuters) – Spain and France announced politically unpopular labour and pension reforms on Wednesday in the face of unrelenting financial market pressure on euro zone states to clean up their finances.

Eurozone economic government? Nein danke!

June 14, 2010

PARIS (Reuters) – Does the euro zone need an economic government? Oui, say the French. Nein danke, say most Germans.

France, Germany still out of synch on euro zone

June 8, 2010

LONDON (Reuters) – You don’t have to be Einstein, or Hercule Poirot, to work out that there was more behind the last-minute cancellation of Monday’s Franco-German summit than a little scheduling problem.

Euro markets weaken on bank debt worries

June 1, 2010

PARIS, June 1 (Reuters) – Euro zone financial markets
weakened on Tuesday amid rising concern about banks’ bad debts
and doubts about the pace of economic recovery.