Another Europe News
Fresh momentum in UK economy as central bank gets new governor – economy
The Bank of England’s new boss got some good news on his first day.
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http://www.euronews.com/2013/07/01/fresh-momentum-in-uk-economy-as-bank-of-england-gets-new-governor
The Bank of England’s new boss got some good news on his first day.
As Canadian Mark Carney took over as governor of the UK central bank we learned that British manufacturing enjoyed its strongest growth in more than two years in June and new orders rose even faster.
There was also a boost for the UK’s housing market with mortgage approvals in May at their highest level since December 2009.
An improvement in two of the sectors hardest hit by the financial crisis might give Carney reason to move cautiously as he starts the task of getting the British economy into a higher gear.
The first foreigner to head the bank in its more than 300 year history, Carney is however widely expected to take a more active stance towards monetary stimulus once he gets settled in to the job.
One piece of newly released data he will perhaps be looking at closely was that lending to non-financial firms fell by 1.27 billion pounds (1.48 billion euros) in May, having dropped by three billion pounds (3.5 billion euros) in April. Lending to smaller firms was down by 452 million pounds (527.5 million euros).
Carney, the former governor of the Bank of Canada, has said he wants to get the economy up to “escape velocity” and is widely expected to deploy new tactics to achieve it.
He has yet to show whether he might push for more bond-buying by the BoE which would pump fresh money into the economy. That was something his predecessor Mervyn King favoured but was ruled out by a majority of the bank’s other policymakers.
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‘No alternative to full EU membership’, Ukraine’s deputy PM tells Euronews
Brussels must speed up the EU accession process and full membership remains the only option, Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration, Taras Kachka, tells Euronews.
READ MORE : http://www.euronews.com/2026/05/26/no-alternative-to-full-eu-membership-ukraines-deputy-pm-tells-euronews
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Another Europe News
A unique ninety seconds in the 21st century: Spain prepares for historic eclipse trio
A unique ninety seconds in the 21st century: Spain prepares for historic eclipse trio
Up to 12 Spanish regions will witness an astronomical event not seen on the peninsula for more than a century, bringing a major economic boost to lesser-visited places.
READ MORE : http://www.euronews.com/2026/08/10/spain-prepares-for-historic-trio-of-eclipses
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EU suspension of Brazilian meat comes into force, despite ongoing talks with Brasília
EU suspension of Brazilian meat comes into force, despite ongoing talks with Brasília
Brazil has yet to provide the necessary guarantees to allow an audit of its beef exports’ compliance with EU food safety standards, while inspections of poultry and honey imports are already under way.
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Europe alone cannot rebuild global order, Brazil’s EU Ambassador tells Euronews
Brazil’s Ambassador to the EU tells Europe Today that a “functioning and durable new order” has to be rebuilt by all parts of the world, after Canada’s Prime Minister said on Monday that Europe would lead new order.
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Venezuela hands the US control over a fifth of its oil in landmark deal
Venezuela’s parliament has approved handing the US control of a fifth of its oil reserves, cementing Washington’s grip on a government it helped install after toppling President Nicolas Maduro in January.
READ MORE : http://www.euronews.com/2026/09/02/venezuela-hands-the-us-control-over-a-fifth-of-its-oil-in-landmark-deal
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‘No alternative to full EU membership’, Ukraine’s deputy PM tells Euronews
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@Amjad-memon
March 17, 2024 at 11:54 am
Bank Criminals of world