August 09, 2012

Once-resilient Germany catches Europe's crisis fever

FRANKFURT: Germany long appeared immune to Europe's debt crisis, as deep reforms undertaken years ago helped steel the economic powerhouse against the current financial storms lashing its neighbours.

August 08, 2012

Halifax expects house prices to stagnate after fall in July

House prices fell in July following two months of increases but are expected to remain largely flat for the rest of the year, the Halifax said in its latest housing market survey.

August 07, 2012

Monti Calls for More Crisis-Fighting Urgency in ECB Standoff

Italy’s Prime Minister Mario Monti warned of a potential breakup of Europe without greater urgency in efforts to lower government borrowing costs, as a standoff over European Central Bank help for Italy and Spain hardened.

August 06, 2012

The Euro Crisis: When Will It End?

The eurozone crisis is over two years old now. It’s no longer crawling. This baby is walking and has a mind all her own. And my, what an ugly little critter this kid is, isn’t she?

August 05, 2012

Spain 2-Year Yield Drops Most in 2012 on ECB Buying Speculation

Spanish two-year notes rose this week, pushing down yields the most since December on speculation the European Central Bank will buy shorter-maturity government securities to help quell turmoil in the region’s debt markets.