European Central Bank and German Economy Reporter, Bloomberg News
Economy Correspondent at Bloomberg News. ECB, European Economy, Debt Crisis. Frankfurt am Main
bild.de — Vergrößern In der Europäischen Zentralbank wächst die Wut auf die Bundesbank Berlin/Frankfurt - In der Europäischen Zentralbank (EZB) wächst die Sorge vor dem Urteil des Verfassungsgerichts zum Euro-Rettungsschirm (ESM) - und die Wut auf die Bundesbank. Hintergrund: Am 11. Juni verhandelt das Karlsruher Gericht im Hauptverfahren über Klagen gegen den ESM.
guardian.co.uk — Pope Francis has hit out at unbridled capitalism and the "cult of money", calling for ethical reform of the financial system to create a more humane society. In an impassioned appeal, the Argentinian pontiff said politicians needed to be bold in tackling the root causes of the economic crisis, which he said lay in an acceptance of money's "power over ourselves and our society".
roadcyclinguk.com — The Tour de France champion, who lies 13th overall, two minutes and four seconds behind race leader Vincenzo Nibali (Astana), is suffering from a chest infection and will return to the UK for treatment. Team principal Dave Brailsford said: "We monitored Bradley overnight and this morning we've withdrawn him from the Giro after consulting the team doctor.
bloomberg.com — Ireland's Economic Social & Research Institute raised its forecast for economic growth this year and next, as investment by overseas companies buttresses the nation's emergence from its worst recession on record. Gross domestic product will rise 1.8 percent this year, the Dublin-based Economic Social & Research Institute said today, raising a January forecast of 1.3 percent.
bloomberg.com — Japan's economy expanded more than analysts estimated in the first quarter as consumer spending and exports climbed. Gross domestic product rose an annualized 3.5 percent in the three months through March, the most in a year, the Cabinet Office said today in Tokyo. The median of 36 economist forecasts in a Bloomberg News survey was 2.7 percent.
bloomberg.com — Lawmakers from David Cameron's Conservative Party voted against the government's legislative program in a show of defiance over his policy toward the rest of Europe. A total of 130 members of the 650-seat Parliament, most of them Conservative, voted yesterday to express "regret" over last week's Queen's Speech -- when the legislative agenda is announced.
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