Chineseinvestorshavespent2.15billioneuros($2.4billion)onsoccerclubs,makingthemtheworld'sbiggestbuyerofteams.Acquisitionsofmajorstakesinclubsbetween2014and2016,i
U.S.privateequitygroupBlackstoneGroup(BX.N)saidonMondayithadofferedtobuyallsharesinFinnishrealestateinvestmentcompanySponda(SDA1V.HE)forabout1.8billioneuros($2.
BritishmobilephonegiantVodafoneloggedonTuesdayanannualnetlossof6.3billioneuros($6.9billion)afterslashingthevalueofitstroubledIndiandivision.Theperformanceinthe1
16 million German lived last year with average monthly income of 719 euros(772 U.S.dollars), 30 percent below the country's official poverty threshold, local media reported Tuesday.
Portugal will increase allowances for families with children next year, the government revealed on Monday.
Shares in Portugal's Banco Comercial Portugues were volatile Monday after China's Fosun made a surprise offer to take an almost 17 percent stake in the country's largest listed bank by assets.
Google faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said.
Chinese COSCO Group's improved bid for the acquisition of Piraeus port, the largest port in Greece, was accepted on Wednesday by the Greek privatization fund, according to an official press statement.
Italian police launched a major anti-mafia operation on Monday, seizing some 120 kg of cocaine in the port of Gioia Tauro in Southern Italy, local media reported.
The European Stability Mechanism (ESM) on Wednesday gave green light to Greece's 86-billion-euro bailout package, following lawmakers in several member states nodded to the plan.
The European Union (EU) on Tuesday dismissed reports which warn Greece's financing need will exceed 86 billion euros, the overall sum the country will receive under an Eurozone fund in its fresh bailout plan, saying de facto figure even could be much less.
The exports of the 19-country Eurozone increased to 182.7 billion euros in June, official data shows, suggesting the single currency bloc continued to benefit from the weakened euro.
Italy's public debt dropped to 2.2036 trillion euros in June, down by 14.6 billion euros on the record high reached in May, the Bank of Italy said on Thursday. But economists believed that is not a reason to be optimistic because Italy's staggering debt mountain will likely become problematic unless the country's economy can start to grow.
Greece managed to raise 813 million euros (1.27 billion U.S. dollars) from a new auction of six-month treasury bills on Wednesday, the Public Debt Management Agency (PDMA) announced.
All Greek banks will reopen on Monday July 20 after a three-week bank holiday, but capital controls will continue, according to an official statement released on Saturday.
The International Monetary Fund (IMF) said Monday that Greece missed a new repayment worth of about 456 million euros to it by the day after the country failed to make a 1.5 billion-euro repayment due on June 30.
Disgruntled Greek pensioners queued in front of bank branches here and other cities across the country to withdraw up to 120 euros (133 U.S. dollars) from their pensions on Wednesday, as Greece teetered on the brink of default amidst dramatic developments this week.
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