European policy makers unveiled an unprecedented loan package worth almost $1 trillion and a program of bond purchases...
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EUROPEAN FINANCIAL CRISIS
Countries across the continent are struggling to find ways to cope with the growing financial crisis. From the nationalization of domestic banks to multi-billion cash injections into the capital markets, Europe's politicians, regulators, and market players are trying different approaches to deal with the mounting problems.
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This week there's Q2 GDP results from 3 key developed economies; Germany, UK, and the US. On the US, there's also new...
The Spanish government agreed to raise the retirement age in a renewed bid to restore investor confidence after a 20...
The Ceska Narodni Banka (CNB) maintained the two-week repurchase rate unchanged at 0.75% as expected. The Bank also...
Portugal won a 78 billion-euro ($116 billion) international aid package, fanning domestic controversy over budget cuts...
Greek creditors may be headed toward a rollover agreement involving 70 percent of their bonds to prevent a default and...
Majorities across Europe view the euro as a “bad thing” in the wake of the sovereign debt crisis that rattled the...
Nobel Prize-winning economist Paul Krugman told Il Sole 24 Ore that Greece could be forced to abandon the European...
Billionaire investor George Soros said it’s “probably inevitable” that a mechanism will have to be put in place to...
European inflation accelerated to the fastest pace in 20 months in July on rising energy prices.
This week we look first at the GDP results and interest rate decision in Malaysia, then take a look at the Russian GDP...
Italian Prime Minister Silvio Berlusconi ’s government risked unraveling after the co-founder of his ruling party...
Anthony Harrington looks at the undeniably powerful influence of credit ratings agencies and what recent developments...
Norway's central bank, Norges Bank, maintained its key policy rate at 2.25%, and signaled further rate increases.
Considerable headwinds are hampering Eurozone efforts to bring debt under control
had problems with the alarm function. Just a couple months ago, users in the U.S., Australia and Europe unintentionally...
The euro traded near a 10-month low versus the dollar after European Central Bank President Jean- Claude Trichet said...
The euro fell from its strongest in more than 14 months versus the dollar after Portugal’s request for aid highlighted...
The European Central Bank (ECB) increased the Main refinancing operations rate by 25 basis points to 1.50% from 1.
A year ago, thanks to its inability to form a government, Belgium became the laughing stock of political commentators.
Portugal will pay between 5.5 percent and 6 percent interest on the European portion of a 78-billion euro ($112...
NATO's sea and air mission in Libya is the first major military engagement undertaken since the global financial crisis.
Hungary’s economy is in a “very grave situation,” a government official said, adding to concern about Europe’s...
Top Sources: European Financial Crisis
- bloomberg.com
- ihavenet.com
- ft.com
- econmatters.com
- Telegraph
- online.wsj.com
- theneteconomy.wordpress.com
- thebeginner.eu
- forexfilms.com
- economist.com
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