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For Some in Europe, High Lending Rates Hamper Recovery

PARIS — Lúcio Machado’s small business in northern Portugal is finally starting to bustle again after his country’s recession. He hoped to expand his 12-employee business, which repairs autos and creates custom mechanical equipment for trucks and tractors, with a

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Posted in Global News, Indian Market, Market Updates, Useful Articles

Draghi Seen Easing Policy by June as ECB Readies Rate Cut

Mario Draghi will probably take action within two months against the threat of deflation, economists said. Almost two-thirds of respondents in the Bloomberg Monthly Survey predicted the European Central Bank president will ease policy by June. Of those economists, just under

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