Europe

Nordic central banks sign swap facility with Iceland

Reykjavik/Stockholm  - The central bank of Iceland Friday said it has signed a "bilateral swap facility" with the central banks of Sweden, Norway and Denmark.

European car registrations increase 9.6 per cent in April

Brussels  - New car registrations climbed to 1.42 million in Europe last month, a 9.6 per cent increase over April 2007, the European Automobile Manufacturers' Association (ACEA) said Friday.

EU aid chief presses for visas on Myanmar mercy mission

Brussels  - The European Union's top aid official on Thursday pressed authorities in Myanmar to grant visas and freedom of movement to aid workers, officials in Brussels said.

Euro area inflation confirmed at 3.3 per cent

Brussels - Annual euro area inflation was confirmed at 3.3 per cent in April, with final results Thursday showing that rising food and oil prices were largely to blame.

EU finance ministers set their sights on tax dodgers

Brussels  - The European Union's finance ministers were Wednesday expected to focus on tax dodgers, a day after denouncing the "scandalous" salaries and bonuses paid out to some top managers.

EADS reports strong first-quarter results

Paris  - Shares of European aerospace giant EADS soared by more than 5 per cent in early trading Wednesday on the Paris Bourse after the company reported stronger-than-expected results for the firs

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