Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts

July 07, 2015

Greece's vote edges it towards euro exit, but the odyssey is far from over

Greece’s membership of the euro hangs by a gossamer thread after the victory for the no side in the country’s referendum. The cash machines are running out of money and the economy is in freefall.

April 16, 2015

Now Germany is getting ready for Greece to default too

Tsipras address a news conference following talks at the Chancellery in Berlin March 23, 2015.Germany is working on a plan to keep Greece in the eurozone if the country defaults on its debt, according to weekly newspaper Die Zeit.

June 16, 2014

Iraq crisis, UK rate warnings hit European shares

LONDON, June 13 (Reuters) - Major European stock indexes ended lower on Friday, with British equities slipping on the possibility of an early rate hike and travel stocks hurt by concern the Iraq conflict will raise oil prices.

March 20, 2014

FOREX-Euro flat as Russia says won't annex other parts of Ukraine

NEW YORK, March 18 (Reuters) - A modest easing of geopolitical tensions over Ukraine and a slight increase in U.S. Treasury yields took some premium away from the euro on Tuesday, leaving it flat against the U.S. dollar and weaker against the yen.

February 20, 2014

Europe Mending as Markets Signal Even Portuguese Get Work

It took 11 months and the sale of his 2008 Ford Focus to pay the bills before Nuno Silva found a job as a supervisor at a food warehouse in southern Portugal.

December 26, 2013

November 01, 2013

'Europe faces deflation threat'

Europe faces a threat of deflation, which it seems unlikely to be willing to fight. Core inflation in the euro zone fell sharply in October to just 0.8 per cent a year, the lowest since early 2010 and a level which sets the red deflation light flashing.

January 26, 2013

Portuguese flee economic crisis

More than 2% of Portugal's population have emigrated in the past two years, since the country entered the worst recession in decades, officials say.