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<title><![CDATA[IBTimes.com : Europe Economy]]></title>
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  <item>
  <title><![CDATA[Spain car sales to decline sharply in second half: report]]></title>
  <description><![CDATA[Anfac expects a sharp drop in car sales in Spain in the second half of 2010]]></description>
  <guid>http://www.ibtimes.com/articles/31991/20100701/spain-debt-crisis-cars-registrations-anfac-government-subsidies-weak-demand-stocks-metals-value-adde.htm</guid>
  <link>http://www.ibtimes.com/articles/31991/20100701/spain-debt-crisis-cars-registrations-anfac-government-subsidies-weak-demand-stocks-metals-value-adde.htm</link>
  <pubDate>Thu, 01 Jul 2010 12:03:20 EDT</pubDate>
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  <title><![CDATA[Roy Hodgson moves to Liverpool; Harry Redknapp still linked to England post]]></title>
  <description><![CDATA[Roy Hodgson has moved to Liverpool as reports of Harry Rednapp becoming England manager continue.]]></description>
  <guid>http://www.ibtimes.com/articles/31981/20100701/roy-hodgson-moves-liverpool-harry-redknapp-still-linked-england-manager.htm</guid>
  <link>http://www.ibtimes.com/articles/31981/20100701/roy-hodgson-moves-liverpool-harry-redknapp-still-linked-england-manager.htm</link>
  <pubDate>Thu, 01 Jul 2010 10:27:45 EDT</pubDate>
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  <title><![CDATA[Bank's Miles says no need for interest rate hike yet]]></title>
  <description><![CDATA[UK inflation is &quot;uncomfortably&quot; high, but there is no need for an immediate hike in interest rates, Bank of England policymaker David Miles said.]]></description>
  <guid>http://www.ibtimes.com/articles/31927/20100701/banks-miles-says-no-need-for-interest-rate-hike-yet.htm</guid>
  <link>http://www.ibtimes.com/articles/31927/20100701/banks-miles-says-no-need-for-interest-rate-hike-yet.htm</link>
  <pubDate>Thu, 01 Jul 2010 06:28:52 EDT</pubDate>
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  <title><![CDATA[Inflation not one of eurozone's problems]]></title>
  <description><![CDATA[Inflation in the eurozone is likely to stay subdued because of limited demand from the economy; and the European Central Bank will probably keep interest rates unchanged well into 2011, according to experts.]]></description>
  <guid>http://www.ibtimes.com/articles/31793/20100630/inflation-not-one-of-eurozone-s-problems.htm</guid>
  <link>http://www.ibtimes.com/articles/31793/20100630/inflation-not-one-of-eurozone-s-problems.htm</link>
  <pubDate>Wed, 30 Jun 2010 17:54:11 EDT</pubDate>
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  <title><![CDATA[Deficit plan will cut 600,000 public sector jobs]]></title>
  <description><![CDATA[The government&#039;s efforts to cut a record budget deficit will result in about 600,000 public sector job losses, figures from the independent Office for Budget Responsibility showed on Wednesday.]]></description>
  <guid>http://www.ibtimes.com/articles/31779/20100630/deficit-plan-will-cut-600-000-public-sector-jobs.htm</guid>
  <link>http://www.ibtimes.com/articles/31779/20100630/deficit-plan-will-cut-600-000-public-sector-jobs.htm</link>
  <pubDate>Wed, 30 Jun 2010 16:16:24 EDT</pubDate>
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  <title><![CDATA[Bank of England member argues against rate hike; warns of recession risks]]></title>
  <description><![CDATA[BoE member argues against rate hike; warns of recession risks]]></description>
  <guid>http://www.ibtimes.com/articles/31699/20100630/uk.htm</guid>
  <link>http://www.ibtimes.com/articles/31699/20100630/uk.htm</link>
  <pubDate>Wed, 30 Jun 2010 13:21:44 EDT</pubDate>
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  <title><![CDATA[Ireland exits recession but recovery fragile]]></title>
  <description><![CDATA[Ireland officially quit the euro zone&#039;s longest-running recession in the first quarter, data showed on Wednesday, but it remains far away from the sustained recovery needed to help fix its fiscal problems.]]></description>
  <guid>http://www.ibtimes.com/articles/31667/20100630/ireland-exits-recession-but-recovery-fragile.htm</guid>
  <link>http://www.ibtimes.com/articles/31667/20100630/ireland-exits-recession-but-recovery-fragile.htm</link>
  <pubDate>Wed, 30 Jun 2010 11:38:52 EDT</pubDate>
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  <title><![CDATA[Banks borrow less than expected from ECB, easing fears]]></title>
  <description><![CDATA[Banks borrowed less than expected from the European Central Bank in a key funding operation on Wednesday, easing fears about their ability to cope with the repayment of close to half a trillion euros in 12-month funds on Thursday.]]></description>
  <guid>http://www.ibtimes.com/articles/31665/20100630/banks-borrow-less-than-expected-from-ecb-easing-fears.htm</guid>
  <link>http://www.ibtimes.com/articles/31665/20100630/banks-borrow-less-than-expected-from-ecb-easing-fears.htm</link>
  <pubDate>Wed, 30 Jun 2010 11:32:45 EDT</pubDate>
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  <title><![CDATA[Euro challenged by debt roll-over and strikes]]></title>
  <description><![CDATA[The euro faces challenges from worker strikes and the expiry of 1-year loans to European banks.]]></description>
  <guid>http://www.ibtimes.com/articles/31498/20100629/euro-challenged-by-debt-roll-over-and-strikes.htm</guid>
  <link>http://www.ibtimes.com/articles/31498/20100629/euro-challenged-by-debt-roll-over-and-strikes.htm</link>
  <pubDate>Tue, 29 Jun 2010 18:57:21 EDT</pubDate>
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  <title><![CDATA[Hydro is Mozambique's top energy priority: minister]]></title>
  <description><![CDATA[Mozambique&#039;s top energy priority is to develop hydro-electricity projects, and will then focus on gas, wind and solar power, its energy minister said on Tuesday.]]></description>
  <guid>http://www.ibtimes.com/articles/31431/20100629/hydro-is-mozambique-s-top-energy-priority-minister.htm</guid>
  <link>http://www.ibtimes.com/articles/31431/20100629/hydro-is-mozambique-s-top-energy-priority-minister.htm</link>
  <pubDate>Tue, 29 Jun 2010 16:30:53 EDT</pubDate>
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  <title><![CDATA[Q1 GDP figures to be released 12 July in UK]]></title>
  <description><![CDATA[Final revised GDP figures for growth in the UK are to be released late after a &#039;potential error&#039; in the data led to concerns over its reliability.]]></description>
  <guid>http://www.ibtimes.com/articles/31398/20100629/q1-gdp-figures-released-july-uk.htm</guid>
  <link>http://www.ibtimes.com/articles/31398/20100629/q1-gdp-figures-released-july-uk.htm</link>
  <pubDate>Tue, 29 Jun 2010 14:33:25 EDT</pubDate>
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  <title><![CDATA[Greek strike to test government pension reform]]></title>
  <description><![CDATA[Greek workers stage a new 24-hour strike on Tuesday that will gauge public discontent with government austerity measures, including a radical pension reform aimed at helping the country solve its huge debt crisis.]]></description>
  <guid>http://www.ibtimes.com/articles/31324/20100629/greek-strike-to-test-government-pension-reform.htm</guid>
  <link>http://www.ibtimes.com/articles/31324/20100629/greek-strike-to-test-government-pension-reform.htm</link>
  <pubDate>Tue, 29 Jun 2010 06:47:18 EDT</pubDate>
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  <title><![CDATA[CBI head Richard Lambert to step down in 2011]]></title>
  <description><![CDATA[Richard Lambert, head of the Confederation of British Industry, said on Tuesday he would step down from his position when his five-year term ends next year.]]></description>
  <guid>http://www.ibtimes.com/articles/31318/20100629/cbi-head-richard-lambert-to-step-down-in-2011.htm</guid>
  <link>http://www.ibtimes.com/articles/31318/20100629/cbi-head-richard-lambert-to-step-down-in-2011.htm</link>
  <pubDate>Tue, 29 Jun 2010 06:38:50 EDT</pubDate>
  </item>
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  <title><![CDATA[House prices fall between April and May]]></title>
  <description><![CDATA[Housing prices have stalled, say latest figures from the Land Registry.]]></description>
  <guid>http://www.ibtimes.com/articles/31198/20100628/house-prices-fall-between-april-may.htm</guid>
  <link>http://www.ibtimes.com/articles/31198/20100628/house-prices-fall-between-april-may.htm</link>
  <pubDate>Mon, 28 Jun 2010 16:37:44 EDT</pubDate>
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  <title><![CDATA[Reforms needed to boost Nigeria corp bond mkt: c.bank]]></title>
  <description><![CDATA[Further reforms, including to pensions and insurance, are needed to enliven Nigeria&#039;s corporate debt market, central bank Governor Sanusi Lamido Sanusi said on Monday.]]></description>
  <guid>http://www.ibtimes.com/articles/31146/20100628/reforms-needed-to-boost-nigeria-corp-bond-mkt-c-bank.htm</guid>
  <link>http://www.ibtimes.com/articles/31146/20100628/reforms-needed-to-boost-nigeria-corp-bond-mkt-c-bank.htm</link>
  <pubDate>Mon, 28 Jun 2010 14:38:57 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[Markets await UK final estimate GDP Q1; NIESR predict revision up to 0.4 pct]]></title>
  <description><![CDATA[The FTSE 100 share index is awaiting the UK&#039;s final estimate of GDP for the first quarter of 2010 after the markets took in a sudden revision downwards of US Q1 GDP.]]></description>
  <guid>http://www.ibtimes.com/articles/31122/20100628/markets-await-uk-final-estimate-gdp-niesr-predict-revised-up.htm</guid>
  <link>http://www.ibtimes.com/articles/31122/20100628/markets-await-uk-final-estimate-gdp-niesr-predict-revised-up.htm</link>
  <pubDate>Mon, 28 Jun 2010 13:49:35 EDT</pubDate>
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  <title><![CDATA[G20: Much ado about something?]]></title>
  <description><![CDATA[G20 leaders agree to disagree on how to engineer their respective economic recoveries.]]></description>
  <guid>http://www.ibtimes.com/articles/31107/20100628/g20.htm</guid>
  <link>http://www.ibtimes.com/articles/31107/20100628/g20.htm</link>
  <pubDate>Mon, 28 Jun 2010 12:32:53 EDT</pubDate>
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  <title><![CDATA[Central banks warn of new crisis if exit left too late]]></title>
  <description><![CDATA[Central banks warn of new crisis if exit left too late]]></description>
  <guid>http://www.ibtimes.com/articles/31090/20100628/banks.htm</guid>
  <link>http://www.ibtimes.com/articles/31090/20100628/banks.htm</link>
  <pubDate>Mon, 28 Jun 2010 11:23:20 EDT</pubDate>
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  <title><![CDATA[Leaders end G8 without agreement on bank tax; G20 begins]]></title>
  <description><![CDATA[Leaders of the Group of Eight Industrialised Nations have ended their summit without an agreement on an international bank tax.]]></description>
  <guid>http://www.ibtimes.com/articles/30946/20100626/leaders-end-g8-without-agreement-bank-tax-g20-begins.htm</guid>
  <link>http://www.ibtimes.com/articles/30946/20100626/leaders-end-g8-without-agreement-bank-tax-g20-begins.htm</link>
  <pubDate>Sat, 26 Jun 2010 21:23:09 EDT</pubDate>
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  <title><![CDATA[Greece trade deficit down 36 pct in April]]></title>
  <description><![CDATA[Greece’s deficit of trade balance amounted to 1.55 billion euros ($2.06 billion), 36 percent less than last year’s deficit of 2.42 billion euros ($3.17 billion).]]></description>
  <guid>http://www.ibtimes.com/articles/30792/20100625/greece-trade-deficit-april-exports-imports-hellenic-statistical-authority.htm</guid>
  <link>http://www.ibtimes.com/articles/30792/20100625/greece-trade-deficit-april-exports-imports-hellenic-statistical-authority.htm</link>
  <pubDate>Fri, 25 Jun 2010 12:55:02 EDT</pubDate>
  </item>
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  <title><![CDATA[Bank of England lists key risks in UK financial system]]></title>
  <description><![CDATA[In its bi-annual financial stability report, the Bank of England outlines the key risks to the UK banks]]></description>
  <guid>http://www.ibtimes.com/articles/30765/20100625/banking-financial-system-credit-ciris-sovereign-debt-crisis-regulatory-capital-liquidity-counter-par.htm</guid>
  <link>http://www.ibtimes.com/articles/30765/20100625/banking-financial-system-credit-ciris-sovereign-debt-crisis-regulatory-capital-liquidity-counter-par.htm</link>
  <pubDate>Fri, 25 Jun 2010 09:34:04 EDT</pubDate>
  </item>
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  <title><![CDATA[Greek CDS, bond yield spreads rise]]></title>
  <description><![CDATA[The cost of protecting government debt against default in Greece hit a record high on Thursday while its bond yield spread widened ahead of Greek bonds being dumped by index fund managers at month end.]]></description>
  <guid>http://www.ibtimes.com/articles/30615/20100624/debt.htm</guid>
  <link>http://www.ibtimes.com/articles/30615/20100624/debt.htm</link>
  <pubDate>Thu, 24 Jun 2010 18:58:11 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[U.K. austerity a matter of political will]]></title>
  <description><![CDATA[The success and implementation of U.K.&#039;s additional spending cuts and taxes hikes are largely a matter of political will, said Mortiz Kraemer, Standard and Poor&#039;s head of sovereign ratings for Europe.]]></description>
  <guid>http://www.ibtimes.com/articles/30606/20100624/u-k-austerity-a-matter-of-political-will.htm</guid>
  <link>http://www.ibtimes.com/articles/30606/20100624/u-k-austerity-a-matter-of-political-will.htm</link>
  <pubDate>Thu, 24 Jun 2010 17:55:35 EDT</pubDate>
  </item>
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  <title><![CDATA[French consumer spending rose in May; economy to grow 1.4 pct in 2010]]></title>
  <description><![CDATA[INSEE expects the French economy to create 63,000 new jobs in 2010, after losing 255,000 last year. The unemployment rate is expected to remain unchanged at 9.9 percent.]]></description>
  <guid>http://www.ibtimes.com/articles/30539/20100624/insee-france-consumer-spending-may-economy-unemployment-new-jobs.htm</guid>
  <link>http://www.ibtimes.com/articles/30539/20100624/insee-france-consumer-spending-may-economy-unemployment-new-jobs.htm</link>
  <pubDate>Thu, 24 Jun 2010 14:17:04 EDT</pubDate>
  </item>
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  <title><![CDATA[Italy unemployment rate rises to 9.1 pct in Q1]]></title>
  <description><![CDATA[The unemployment rate in Italy rose for the first three months of the year to 9.1 percent from 7.9 percent in first quarter of 2009, the Rome-based research center Istat said.]]></description>
  <guid>http://www.ibtimes.com/articles/30521/20100624/italy-unemployment.htm</guid>
  <link>http://www.ibtimes.com/articles/30521/20100624/italy-unemployment.htm</link>
  <pubDate>Thu, 24 Jun 2010 13:35:41 EDT</pubDate>
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  <title><![CDATA[EU focuses on deficit, not growth, ahead of G20]]></title>
  <description><![CDATA[In the face of  economic realities, European governments have decided to responded with austerity measures, choosing to focus on public debt reduction rather than stimulating economic growth through spending.]]></description>
  <guid>http://www.ibtimes.com/articles/30489/20100624/eu-focuses-on-deficit-not-growth-ahead-of-g20.htm</guid>
  <link>http://www.ibtimes.com/articles/30489/20100624/eu-focuses-on-deficit-not-growth-ahead-of-g20.htm</link>
  <pubDate>Thu, 24 Jun 2010 11:41:01 EDT</pubDate>
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  <title><![CDATA[Moody's says budget supports Britain's triple A rating]]></title>
  <description><![CDATA[The fiscal tightening unveiled by Britain&#039;s coalition government this week, if successfully implemented, should ensure the UK retains its triple A credit standing, rating agency Moody&#039;s said on Wednesday.]]></description>
  <guid>http://www.ibtimes.com/articles/30488/20100624/moodys-says-budget-supports-britains-triplerating.htm</guid>
  <link>http://www.ibtimes.com/articles/30488/20100624/moodys-says-budget-supports-britains-triplerating.htm</link>
  <pubDate>Thu, 24 Jun 2010 11:36:09 EDT</pubDate>
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  <title><![CDATA[Real estate corrections not to affect Singapore banks: Fitch]]></title>
  <description><![CDATA[Real estate corrections not to affect Singapore bank, said a Fitch report on the banking sector stability in the Asia-Pacific region.]]></description>
  <guid>http://www.ibtimes.com/articles/30483/20100624/real-estate-fitch-labor-market-unemployment-mortgage-construction-dbs-bank-united-overseas-bank-over.htm</guid>
  <link>http://www.ibtimes.com/articles/30483/20100624/real-estate-fitch-labor-market-unemployment-mortgage-construction-dbs-bank-united-overseas-bank-over.htm</link>
  <pubDate>Thu, 24 Jun 2010 11:33:58 EDT</pubDate>
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  <title><![CDATA[Euro zone industrial April orders up 0.9 percent]]></title>
  <description><![CDATA[Eurostat releases report on industrial new orders for the month of April]]></description>
  <guid>http://www.ibtimes.com/articles/30481/20100624/new-orders-industrial-eurostat-railway-ship-aerospace-durable-capital-goods.htm</guid>
  <link>http://www.ibtimes.com/articles/30481/20100624/new-orders-industrial-eurostat-railway-ship-aerospace-durable-capital-goods.htm</link>
  <pubDate>Thu, 24 Jun 2010 11:27:56 EDT</pubDate>
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  <title><![CDATA[Another volcanic eruption in Iceland?]]></title>
  <description><![CDATA[In the event of another powerful eruption by an icelandic volcano, the financial impact upon the European airline industry might be catastrophic.]]></description>
  <guid>http://www.ibtimes.com/articles/30306/20100623/volcano-airlines.htm</guid>
  <link>http://www.ibtimes.com/articles/30306/20100623/volcano-airlines.htm</link>
  <pubDate>Wed, 23 Jun 2010 17:20:31 EDT</pubDate>
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  <item>
  <title><![CDATA[Healthcare in US ranks last among developed countries: report]]></title>
  <description><![CDATA[Commonwealth Fund finds the status of healthcare system in the US compared with other developed nations]]></description>
  <guid>http://www.ibtimes.com/articles/30259/20100623/commonwealth-fund-healthcare-patient-safety-equity-access-to-care-preventive-care-specialized-health.htm</guid>
  <link>http://www.ibtimes.com/articles/30259/20100623/commonwealth-fund-healthcare-patient-safety-equity-access-to-care-preventive-care-specialized-health.htm</link>
  <pubDate>Wed, 23 Jun 2010 15:22:44 EDT</pubDate>
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  <title><![CDATA[European manufacturing, services growth slows in June]]></title>
  <description><![CDATA[European manufacturing and services industries growth slowed in June as inflows of new orders declined, but pace remained sufficient to drive further rise in employment, a report from London- based Markit Economics said.]]></description>
  <guid>http://www.ibtimes.com/articles/30205/20100623/european-manufacturing-services.htm</guid>
  <link>http://www.ibtimes.com/articles/30205/20100623/european-manufacturing-services.htm</link>
  <pubDate>Wed, 23 Jun 2010 13:48:31 EDT</pubDate>
  </item>
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  <title><![CDATA[European Commission approves $478 mln aid for Poland's gas storage capacity expansion]]></title>
  <description><![CDATA[European Commission has approved 390 million euros ($478.41 million) of Polish state grants to a state-owned energy company for the construction or capacity increase of four underground gas storage sites in Poland.]]></description>
  <guid>http://www.ibtimes.com/articles/30182/20100623/european-commission-european-union-poland-state-grant-gas-storage.htm</guid>
  <link>http://www.ibtimes.com/articles/30182/20100623/european-commission-european-union-poland-state-grant-gas-storage.htm</link>
  <pubDate>Wed, 23 Jun 2010 12:31:32 EDT</pubDate>
  </item>
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  <title><![CDATA[EU extends bank guarantees to Germany, recapitalization in Hungary]]></title>
  <description><![CDATA[In view of growing uncertainty on economic prospects in the European region, the European Commission extends the state aid]]></description>
  <guid>http://www.ibtimes.com/articles/30174/20100623/germany-hungary-loan-guarantees-rescue-schemes-european-commission.htm</guid>
  <link>http://www.ibtimes.com/articles/30174/20100623/germany-hungary-loan-guarantees-rescue-schemes-european-commission.htm</link>
  <pubDate>Wed, 23 Jun 2010 12:05:59 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[Euro steady but vulnerable as risk rally fades]]></title>
  <description><![CDATA[Euro steady but vulnerable as risk rally fades]]></description>
  <guid>http://www.ibtimes.com/articles/30168/20100623/euro.htm</guid>
  <link>http://www.ibtimes.com/articles/30168/20100623/euro.htm</link>
  <pubDate>Wed, 23 Jun 2010 11:07:52 EDT</pubDate>
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  <title><![CDATA[Soros says Germany could cause euro collapse]]></title>
  <description><![CDATA[Soros says Germany could cause euro collapse]]></description>
  <guid>http://www.ibtimes.com/articles/30166/20100623/euro.htm</guid>
  <link>http://www.ibtimes.com/articles/30166/20100623/euro.htm</link>
  <pubDate>Wed, 23 Jun 2010 11:05:21 EDT</pubDate>
  </item>
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  <title><![CDATA[BoE split 7-1 on interest rate decision]]></title>
  <description><![CDATA[Minutes on the meeting for the Interest Rate decision revealed today show the BoE voted 7-1 in favour of holding rates at 0.5 pct.]]></description>
  <guid>http://www.ibtimes.com/articles/30152/20100623/boe-split-interest-rate-decision.htm</guid>
  <link>http://www.ibtimes.com/articles/30152/20100623/boe-split-interest-rate-decision.htm</link>
  <pubDate>Wed, 23 Jun 2010 09:58:04 EDT</pubDate>
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  <title><![CDATA[Public reluctantly accept budget measures needed]]></title>
  <description><![CDATA[Chancellor George Osborne&#039;s first budget on Tuesday was grudgingly accepted by members of the public, who recognised that slashing spending and raising tax were in the interests of the country, if painful to bear.]]></description>
  <guid>http://www.ibtimes.com/articles/30126/20100623/public-reluctantly-accept-budget-measures-needed.htm</guid>
  <link>http://www.ibtimes.com/articles/30126/20100623/public-reluctantly-accept-budget-measures-needed.htm</link>
  <pubDate>Wed, 23 Jun 2010 08:17:59 EDT</pubDate>
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  <title><![CDATA[China punctures yuan hopes]]></title>
  <description><![CDATA[China&#039;s yuan inched higher on Wednesday, settling down after the biggest swings since 2005 and driving home the message that Beijing&#039;s promise of currency flexibility will not produce the rapid gains its trading partners would like.]]></description>
  <guid>http://www.ibtimes.com/articles/30125/20100623/china-punctures-yuan-hopes.htm</guid>
  <link>http://www.ibtimes.com/articles/30125/20100623/china-punctures-yuan-hopes.htm</link>
  <pubDate>Wed, 23 Jun 2010 08:17:03 EDT</pubDate>
  </item>
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  <title><![CDATA[New UK Coalition Govt announces plan to make 'Britain a debt-free country']]></title>
  <description><![CDATA[The new Coalition government of UK has set out its plans to cut the huge structural deficit that it faces since coming to power in the General Elections that took place earlier this year on 6th May.]]></description>
  <guid>http://www.ibtimes.com/articles/30000/20100622/new-uk-coalition-govt-announces-plan-make-britain-debt-free-country.htm</guid>
  <link>http://www.ibtimes.com/articles/30000/20100622/new-uk-coalition-govt-announces-plan-make-britain-debt-free-country.htm</link>
  <pubDate>Tue, 22 Jun 2010 18:00:48 EDT</pubDate>
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  <title><![CDATA[UK Govt sets out plan to cut the deficit within five years]]></title>
  <description><![CDATA[The new Coalition government of UK has set out its plans to cut the huge structural deficit that it faces since coming to power in the General Elections that took place earlier this year on 6th May.]]></description>
  <guid>http://www.ibtimes.com/articles/29989/20100622/uk-govt-sets-out-plan-cut-deficit-within-five-years.htm</guid>
  <link>http://www.ibtimes.com/articles/29989/20100622/uk-govt-sets-out-plan-cut-deficit-within-five-years.htm</link>
  <pubDate>Tue, 22 Jun 2010 17:13:46 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[EuroZone Consumer Confidence rises slightly in June]]></title>
  <description><![CDATA[EuroZone Consumer Confidence Rises Slightly in June]]></description>
  <guid>http://www.ibtimes.com/articles/29978/20100622/euro.htm</guid>
  <link>http://www.ibtimes.com/articles/29978/20100622/euro.htm</link>
  <pubDate>Tue, 22 Jun 2010 15:52:34 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[U.S. existing home sales fall 2.2 pct in May]]></title>
  <description><![CDATA[U.S. existing home sales fell in May as tax incentives from the government ended and gains in the West and South were offset by a decline in the Northeast]]></description>
  <guid>http://www.ibtimes.com/articles/29974/20100622/u-s-existing-home-sales.htm</guid>
  <link>http://www.ibtimes.com/articles/29974/20100622/u-s-existing-home-sales.htm</link>
  <pubDate>Tue, 22 Jun 2010 15:40:18 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[Update: New UK emergency budget calls for some draconian spending cuts, tax increases]]></title>
  <description><![CDATA[The budget calls for some draconian spending cuts, tax hikes.]]></description>
  <guid>http://www.ibtimes.com/articles/29957/20100622/budget.htm</guid>
  <link>http://www.ibtimes.com/articles/29957/20100622/budget.htm</link>
  <pubDate>Tue, 22 Jun 2010 14:52:39 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[State-owned enterprises in China post record profits in Jan-May 2010]]></title>
  <description><![CDATA[Though hit by economic crisis in early part of 2009, the public sector companies in China earned record profits in January-May 2010.]]></description>
  <guid>http://www.ibtimes.com/articles/29939/20100622/china-state-owned-enterprises-revenues-economic-crisis.htm</guid>
  <link>http://www.ibtimes.com/articles/29939/20100622/china-state-owned-enterprises-revenues-economic-crisis.htm</link>
  <pubDate>Tue, 22 Jun 2010 14:19:06 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[G20 not calling for new deficit spending-Germany]]></title>
  <description><![CDATA[The Group of 20 economic powers is not demanding new stimulus measures and Germany will not be attacked for its planned austerity drive at a G20 summit this weekend.]]></description>
  <guid>http://www.ibtimes.com/articles/29903/20100622/g20-not-calling-for-new-deficit-spending-germany.htm</guid>
  <link>http://www.ibtimes.com/articles/29903/20100622/g20-not-calling-for-new-deficit-spending-germany.htm</link>
  <pubDate>Tue, 22 Jun 2010 11:42:49 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[Live Blog: Budget 2010 - Government to unveil austerity measures]]></title>
  <description><![CDATA[Join our live coverage of the first &#039;Emergency Budget&#039; in a decade as Chancellor George Osbourne seeks to establish Britain&#039;s growth in a series of austere measures at taking away the taxing burdens of the UK&#039;s structural deficit as fast as possible.]]></description>
  <guid>http://www.ibtimes.com/articles/29895/20100622/live-blog-budget-2010.htm</guid>
  <link>http://www.ibtimes.com/articles/29895/20100622/live-blog-budget-2010.htm</link>
  <pubDate>Tue, 22 Jun 2010 10:30:48 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[Business Climate index of Germany inches up]]></title>
  <description><![CDATA[Ifo institute finds a slight improvement in business climate in Germany]]></description>
  <guid>http://www.ibtimes.com/articles/29881/20100622/business-climate-germany-ifo-institute-outlook.htm</guid>
  <link>http://www.ibtimes.com/articles/29881/20100622/business-climate-germany-ifo-institute-outlook.htm</link>
  <pubDate>Tue, 22 Jun 2010 09:25:36 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[Osborne to deliver tightest budget in a generation]]></title>
  <description><![CDATA[Chancellor George Osborne looks set on Tuesday to announce swingeing spending cuts and tax rises in what will be the tightest budget in a generation and the first big test for the coalition government.]]></description>
  <guid>http://www.ibtimes.com/articles/29875/20100622/osborne-to-deliver-tightest-budget-ingeneration.htm</guid>
  <link>http://www.ibtimes.com/articles/29875/20100622/osborne-to-deliver-tightest-budget-ingeneration.htm</link>
  <pubDate>Tue, 22 Jun 2010 08:36:24 EDT</pubDate>
  </item>
  <item>
  <title><![CDATA[Eurozone debt crisis hits Indian exports]]></title>
  <description><![CDATA[FICCI gauges the impact of Eurozone crisis on the Indian exports]]></description>
  <guid>http://www.ibtimes.com/articles/29866/20100622/ficci-exports-eurozone-debt-crisis-oil-prices-greece-demand.htm</guid>
  <link>http://www.ibtimes.com/articles/29866/20100622/ficci-exports-eurozone-debt-crisis-oil-prices-greece-demand.htm</link>
  <pubDate>Tue, 22 Jun 2010 08:11:03 EDT</pubDate>
  </item>
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