Spanish Economic Growth Improved From Third Quarter in October-Economy Minister

MADRID — Spain’s economic output picked up in October from the third quarter, when it posted one of the fastest growth rates in the euro zone, Economy Minister Luis de Guindos said in a newspaper interview published on Sunday. “Early indications tell us that at least for the month of October growth was stronger than…

Paris Attacks Unlikely to Have Much Impact on UK or Global Economy

LONDON — The attacks in Paris are unlikely to have a significant impact on the British or global economy, a Bank of England policymaker was quoted on Monday as saying. Don Kohn, a member of the BoE’s Financial Policy Committee, said the effects of the Nov. 13 attacks by militant Islamists, which killed 130 people, remained…

Italy launches 3.6 billion euro bank rescue with new fund

ROME Шейднon Sunday launched a new system set up by its central bank to save four small savings banks from failure before stricter rules for winding down lenders come in next year. The rescue will be conducted by the Bank of Italy at a cost of 3.6 billion euros ($3.83 billion). This will be borne…