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2012 EUROZONE CRISIS
Indian IT sector’s start to the year has shades of 2012 Eurozone crisisCorporate customers have not started conceiving large cost-cutting IT projects either — everyone is in wait-and-see mode.- How ECB's market intervention has disturbed the economyThe ECB, which pumped in more than 1 trillion into government bonds and kept interest rates at ultra-low levels, may have to take its share...
- 'Grexit' now thinks Greece is likely to leave the euroCiti chief economist Willem Buiter, the the man who coined the term "Grexit," now thinks Greece leaving the eurozone is the most likely out...
- European austerity shows mixed results in 2012The austerity pain being pursued by a number of European countries led to very little gain in 2012, official figures showed Monday.
- World Steel Association predicts 5.9% growth in India's steel demand in 2013WSA said global apparent steel use will increase by 2.9% to 1454 mt in 2013, following a 1.2% growth in 2012.
- Eurozone crisis & US fiscal cliff risk dominate sovereign outlook: FitchThe ratings agency also expects that the major EM economies, particularly China, India and Brazil, will regain momentum in 2013.
- Global recovery is two years awayThere is endless speculation about a possible Greek exit from the eurozone.Commentators wonder whether the eurozone can hold together much ...
- ECB has enough firepower to prevent contagion: Adrian MowatStating that EU situation is better now, Mowat said he doesn't expect Spain & Portugal to be the next victims of crisis.
- Budget 2012: Why Pranab Mukherjee is more tensed this yearThere is no doubt that Pranab Mukherjee's budget for the year has gone awry. ET looks at why his coffers are empty:
- Worst phase of economic crisis over: Pranab MukherjeeFinance Minister Pranab Mukherjee asserted that the worst phase of economic slowdown is over and India can achieve double digit growth.
- Eurozone needs package to tackle debt crisis: Pranab MukherjeeIndia today said the eurozone will have to come out with a package to resolve its sovereign debt problem, which is also impacting developin...
- European investors expect Eurozone crisis to persist for another year: SurveyFitch Ratings' latest quarterly European fixed income investor survey shows that most survey participants think the eurozone crisis will pe...
- Eurozone crisis will affect Gulf countriesA worsening Eurozone debt crisis will affect the GCC countries as European banks will shrink their capital and be less effective in the res...
- India's growth at 7% a mark of achievement in current scenario: Joseph StiglitzThe Nobel laureate and economist also cautioned India that it cannot afford to waste its resources to mitigate the impact of economic crisi...
- Local issues may hit stocks in India even if Eurozone fears ease: John Praveen, MD, Prudential International Investment AdvisersIndian economic growth could continue to grind lower as high interest rates continue to stifle investment demand, said John Praveen of Prud...
- Economic outlook for 2012 could be dimmerEconomic outlook for 2012 could be dimmer with growth pace subdued by European debt woes.
- India's fiscal deficit to get worse in 2012: Jim WalkerThe worries are not so much about opportunities in the economy, but the government's attitude towards public spending, says Jim Walker.
- Eurozone crisis puts US on edge of recession; China growth to slow: OECDUS may face a graver threat from Europe's debt crisis than is currently thought, the OECD said its report warning the recovery could be der...
- EU financial crisis to be over by next year: Swedish Foreign Minister Carl BildtOn long does he expects the euro-zone to continue to be under pressure. He said the problems should end by mid-2012, though Greece will con...
- IMF warns Europe's stronger economies against drastic budget cutsTowards tackling the Eurozone crisis, the IMF today warned that Europe's stronger economies should avoid drastic budget cuts at the expense...
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