The eurozone crisis has created a “great black cloud of uncertainty” Sir Mervyn King warned, as Germany’s Constitutional Court threatened to derail plans designed to take the region forward.
July 12, 2012
July 11, 2012
Spain faces budget risks despite looser target: document
BRUSSELS (Reuters) - Looser budget deficit targets for Spain may still prove difficult to reach, according to an EU document that demands the country be subjected to three-monthly checks, a move that will tighten supervision of the euro zone's fourth-largest economy.
July 10, 2012
Eurozone crisis to keep markets under pressure
LONDON: Growing disillusion over the latest steps to resolve Europe's debt crisis and policy easing by major central banks will dominate market sentiment in the coming week, with equity investors also braced for a new company reporting season.
July 09, 2012
Debt crisis: Spain poised for further spending cuts
The Spanish Prime Minister Mariano Rajoy said that he will take additional steps in the coming days to reduce the country's debt mountain.
July 08, 2012
Eurozone crisis: Tough questions for Franco-German axis after Merkel's big defeat
Rarely is a high-flying country brought back down to Earth in a single night, but that is precisely what happened to Germany recently.
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