IMF Managing Director Christine Lagarde will become the European Central Bank’s next president in November. If she replaces Italy’s Mario Draghi, a huge change in the eurozone lender’s policy seems unlikely. Following several rounds of...
Spain’s government has presented its most pain-free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Nevertheless, Prime Minister Rajoy still needs to dole out some bitter pills. Based on...