When Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets, the idea seemed fanciful, a distant dream that would take years or even

Spain has picked the “Big Four” accounting firms KPMG, PwC, Deloitte and Ernst & Young to carry a full, individual audit of its ailing banks, a source with knowledge of the decision

IF auction of property to recover public dues fetches more than the amount payable, the balance should be paid to the owner. Failure to do so will make the entire auction sale illegal. All