Moody's Investors Service said Friday the period of calm experienced in Europe in the past six months will come to an end without progress on area-wide reforms, potentially leading Spain and Italy losing bond market access at a time of sizeable refinancing needs.
Showing posts with label Euro-Zone Crisis. Show all posts
Showing posts with label Euro-Zone Crisis. Show all posts
November 19, 2012
November 12, 2012
Germany Says Growth to Weaken in Winter
Germany's economy, the largest in Europe, will weaken "noticeably" during the winter months as companies hold back on investments due to the euro-zone crisis, Germany's economics ministry said Friday.
July 03, 2012
Rio Tinto Says Euro Crisis Weighs but Sees Robust China Growth
The euro-zone crisis is slowing global economic growth for the short term but China, the world's largest consumer of many commodities, is still expected to grow at more than 8% this year, mining titan Rio Tinto PLC (RIO) said in a presentation Friday.
May 27, 2012
Euro Zone Crisis To Hit Colombia, Chile; Won't Derail Growth
PARIS -(Dow Jones)- Chilean finance minister Felipe Larrain said Thursday his country will be hit by the euro-zone crisis in the coming months, though not strongly enough to derail economic growth.
January 27, 2012
Euro-Zone Crisis Continues To Drive Global Credit Outlook
LONDON -- Fitch Ratings said Thursday that negative rating outlooks on global corporates are rising as an effect of the intensification of the euro-zone crisis in the second half of 2011.
November 02, 2011
The magic money tree
IT IS hardly surprising that the markets are having second thoughts about last week's euro zone rescue deal.
September 06, 2011
Swiss Central Bank's Gamble on Euro-Zone Crisis
Even the winners from the crisis are starting to suffer.
The Swiss National Bank has set out to halt the franc's relentless appreciation by pledging to buy unlimited amounts of foreign currency. After seeing the euro move close to one Swiss franc in August from 1.25 franc at the start of the year, the SNB has drawn a line in the sand at 1.20 franc. The euro zoomed 8.8% higher against the franc Tuesday, and the 1.20-franc level held. But this is a big gamble.
The Swiss National Bank has set out to halt the franc's relentless appreciation by pledging to buy unlimited amounts of foreign currency. After seeing the euro move close to one Swiss franc in August from 1.25 franc at the start of the year, the SNB has drawn a line in the sand at 1.20 franc. The euro zoomed 8.8% higher against the franc Tuesday, and the 1.20-franc level held. But this is a big gamble.
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