Insurers Face Tougher EU Scrutiny on Pay

Insurers from Prudential Plc to Axa SA face tougher European Union oversight of compensation as the bloc seeks to crack down on awards that could spur irresponsible risk taking. Draft European ...

Era Of Austerity Has Run Its Course, EU Says

France and Spain fell short of their budget deficit goals last year and debt levels swelled across the euro zone, but the pressure may be easing on Paris and Madrid as the European Commission signals ...