European Economies: Services Growth Accelerates Update2 Bloomberg.com
Dec. 5 (Bloomberg) -- Growth in European services industries, the biggest part of the economy, unexpectedly accelerated in November, prompting speculation the European Central Bank will keep raising interest rates next year.
European Service-Industry Growth Accelerates Update4 Bloomberg.com
Dec. 5 (Bloomberg) -- Growth in European services industries, the biggest part of the economy, unexpectedly accelerated in November, underscoring the European Central Bank's concern that quickening growth may spur inflation.
ECB set to raise rates, despite euro strength AFP via Yahoo! News
The European Central Bank is set to raise its key interest rates for the sixth time in 12 months later this week, despite the strong euro and increasing political concern about the effects of a further rise in borrowing costs, analysts have said.
OUTLOOK ECB to hike rates Thursday, tighten further in 2007 AFX/AFP survey Sharewatch
Of 30 economists polled by AFX and AFP, all said they expect the ECB to hike its main refinancing rate to 3.50 pct from 3.25 pct at the Dec 7 meeting.
European Stocks Climb; Xstrata, Rio Tinto, Alitalia Advance Bloomberg.com
Dec. 1 (Bloomberg) -- European stocks advanced, pushed higher by Xstrata Plc and Rio Tinto Plc, after Goldman Sachs Group Inc. raised a forecast for metal prices.
European Stocks Climb on Earnings Outlook; Xstrata, Rio Gain Bloomberg.com
Dec. 1 (Bloomberg) -- European stocks advanced on renewed confidence companies will keep increasing earnings in the region even as the global economy slows.
European Stocks Advance, Led by BHP Billiton, Xstrata, EDF Bloomberg.com
Dec. 1 (Bloomberg) -- European stocks advanced on renewed confidence earnings growth in the region will be sustained even as the global economy slows.
European Stocks Advance, Led by ThyssenKrupp and BNP Paribas Bloomberg.com
Dec. 1 (Bloomberg) -- European stocks advanced after ThyssenKrupp AG, Germany's largest steelmaker, said profit increased and France's BNP Paribas SA raised a forecast for cost savings and revenue from an acquisition.
European Commission raises economic forecast for euro zone International Herald Tribune
The improved outlook comes as inflation rises in Europe and unemployment falls in Germany.
European Commission Raises Economic Growth Forecast Update2 Bloomberg.com
Nov. 30 (Bloomberg) -- The European Commission said the economy of the dozen euro nations will start 2007 stronger than it anticipated a month ago, bolstering the case for higher interest rates.
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