European Business & Economy

AFP - France may need an early warning on its public finances, the European Commission warned Monday, predicting that the French deficit was slipping dangerously towards an EU limit.

AP - Europe is suffering from "a very strong inflationary shock" with food prices soaring and the cost of oil hitting record highs, the EU's top economic official said Monday.

AFP - Consumer sentiment has jumped in Germany just as other economic indicators show the Europe's biggest economy beginning to feel the pinch of a global slowdown, a widely watched survey showed Monday.