Searched for
EURO DEBT CRISES
Falling trust in America is a Pandora’s box for the global economyThe TACO trade, a bet on Trump backing down from market-rattling actions, seems outdated as his Iran war and global policy shifts create un...
War, not peace: The unlikely engine of Europe's economic revivalAn era-defining week in geopolitics has heightened hopes for Europe's economic growth, driven not by peace but by significant military rear...
French IT firm Atos seeks over $1 billion in new funds: reportAtos is aiming to convert about half of its $5 billion debt into equity as part of the plan disclosed during a confidential meeting on Mond...
The depth of Greece's banking crisis is making historyFrom the Parthenon looming over the capital city to ancient art throughout the country, Greece is steeped in history
As advanced economies grow, emerging ones struggle: OECDOECD called for central banks, particularly in the US, to keep up their loose monetary policies, saying that a sharp pullback could sink th...
- Commodities slump on cyprus bailout worries
Commodities fell by as outrage in Cyprus rekindled concern that Europe’s debt crisis may deepen, hurting demand prospects.
Debt reduction most important to tackle euro zone crisis: Anshu JainJain said that debt reduction, budgetary consolidation advocated by Merkel are the most important steps to achieve greater cohesion in Euro...
- European Union okays stricter deficit, debt rules
European Parliament voted to make sanctions more automatic against euro-area nations that breach deficit and debt limits.
- Debt ceiling rejig not the answer to problems facing financial markets: Robert Higginbotham, Fidelity International
The developed world's debt problem is going to take many years to resolve, says Robert Higginbotham, president and CEO of Fidelity Internat...
- Global economy on the verge of a precipice
World Inc is wobbling & results are awash with warnings. In India, a positive GDP forecast gets clouded by slipping monsoon.
- Euro is 'credible,' not in crisis: Trichet
European Central Bank head Jean-Claude Trichet rose to the defense of the euro Friday, describing it as a "credible" currency that was not ...
- S&P says weighing possible downgrade of Greece
Rating agency Standard & Poor's says it may downgrade Greece's long-term debt if new European bailout rules prove onerous to private holder...
- Euro’s redemption steps unlikely to be sufficient
A decade after the euro’s birth, Greece revealed glaring defects in the design of the common currency. Existing rules failed to prevent the...
- China to steer steady policy, backs euro zone
China will stick with the policies that cooled economic growth last quarter and will keep faith with the euro despite Europe's debt problem...
- UK Apr industrial output falls
British manufacturing output unexpectedly fell on the month in April, suggesting Britain's frail economic recovery may be struggling to gai...
- World's top bankers meet in Vienna
Top international bankers and investors head to Vienna later this week for roundtable discussions on European financial integration and Eur...
- India won't pause rate hikes for now: FM
India will keep unwinding economic stimulus deployed during the financial crisis and continue raising interest rates despite uncertainty li...
- Latvia hopes euro zone to sort out crisis
Latvia copes with market impact of Greek crisis, hopes euro zone to sort out its woes.
- Double-dip recession looms: Roach
THE fallout from the European debt crisis raises the risk of a “double dip” recession for the global economy, said Stephen Roach, chairman ...
- Bailouts in Europe: some precedents
The appeal from Greece for a debt rescue from the EU and IMF is the latest in a number of debt crises in Europe.