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1 HOUR AGO - Wall Street Journal

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EU Warns France, Italy on Budget Slippage

European Union authorities have warned France, Italy and Belgium that their budget plans for next year are at risk of missing EU targets, but didn’t demand further cuts from the three countries.

Tags: EU Warns France, Italy on Budget Slippage,  Italy Latest News

1 HOUR AGO - New York Times

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European Union Gives Budget Laggards Time to Comply

The decision regarding Belgium, France and Italy is a sign that the new European Commission will be sensitive to calls to ease up on austerity in Europe.

Tags: European Union Gives Budget Laggards Time to Comply,  Italy Latest News

1 HOUR AGO - St. Louis Post-Dispatch

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EU won't sanction France, Italy on budget yet

BRUSSELS (AP) — The head of the European Union's executive is opting not to sanction France or Italy just yet over their failure to meet targets on their public finances.

Tags: EU won't sanction France, Italy on budget yet,  Italy Latest News

11 HOURS AGO - Business Insider

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Oil Prices Tumble After OPEC Refrains From Cuts

By Lisa TwaroniteTOKYO (Reuters) - Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday, in the wake of OPEC's decision to refrain from cutting output despite a huge oversupply.U.S. markets were closed on Thursday for the Thanksgiving holiday, leaving the spotlight on the Organization of Petroleum Exporting Countries' meeting in Vienna where Saudi Arabia blocked calls ...

Tags: Oil Prices Tumble After OPEC Refrains From Cuts,  Italy Latest News

20 HOURS AGO - Business Insider

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ECB's Draghi Warns Countries To Reform As Clouds Gather Over Euro Zone

By Jussi Rosendahl and Sarah WhiteHELSINKI/ MADRID (Reuters) - Failure to reform and shield weaker members threatens to divide the euro zone, the head of the European Central Bank warned on Thursday, amid fresh signs the currency bloc's economy is losing speed.Delivering a blunt message to political leaders, Mario Draghi urged the 18 countries that share the single currency to ...

Tags: ECB's Draghi Warns Countries To Reform As Clouds Gather Over Euro Zone,  Italy Latest News