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EURO ZONE INTEGRATION
Euro zone countries are integrating faster with US than with each other, ECB saysEuro zone countries are experiencing increased economic integration with the United States compared to internal collaboration. The European...- Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlookThe IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction ri...
- Hidden cost of travel: Visa fees, card markups, optional tours and tips that can add 25-40% to budget; here's how to plan for themMany travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overloo...
- ECB tells banks to draw up plans against AI attacks amid disruption fearsEuropean Central Bank requires banks to develop AI cyber threat plans. Banks must submit these detailed plans by October thirty-first. This...
- EU formally accepts Croatia as 20th euro zone memberEU formally accepts Croatia as 20th euro zone member. The European Commission also examined Croatia's economic convergence with the rest of...
- Global regulators push ahead with crypto bank capital rules"Recent developments have further highlighted the importance of having a global minimum prudential framework to mitigate risks from cryptoa...
- India, Germany Development Bank sign 442.26 mn loan pact for Surat Metro Rail ProjectThe project is being co-financed by French Development Agency, AFD (Agence Francaise de Developpemet). The Agreement with AFD for 250 milli...
- Expect gold prices to fall to $1,050/oz if US Fed hikes rate: Christopher Wood, CLSA"If the economy stalls and it becomes clear that the Fed cannot escape the zero-rate policy, then I believe gold will go into a new bull ma...
- Why Grexit is a divorce made in Heaven and best for both Greece and Euro zoneEuropean countries have sunk much political capital into the idea of a united Europe. So, they would like to keep Greece in the European Un...
- European Union leaders endorse deal on ECB banking supervisionThe new banking supervisory body is aimed at preventing the collapse of system relevant banks and thereby causing contagion across the euro...
- European Union reaches a deal on supervisory body for Eurozone banksEU leaders have reached a deal to set up a body for the euro-zone banks next year as the first step towards a banking union.
- Euro near 1-month high on optimism over Spain, global economyThe euro held near a one-month high against the dollar as there was optimism on the global economy.
- India at high risk from European economic crisis: MaplecroftIndia and other key emerging markets have been categorised as having high exposure to Europe's economic woes by a risk analysis firm, Maple...
- Key EU summit in Brussels to begin todayBeginning Thursday, European leaders will meet at a crucial EU summit, the third since October 2008, to deliberate on how to contain the de...
- Global downer looms: Greece may exit eurozoneThe panic roiling the markets is driven by the fear that Grexit will not be a standalone event - with Grexit being followed by Italeave and...
- Europe's new plan does not address the real issuesA cost-benefit analysis indicates this would be less costly than a disorderly break-up of the euro zone and an integrated European monetary...
- BNP Paribas net profit soars in 2nd quarterBNP Paribas said its net profit soared 31% in Q2 as steep retail banking gains in France and the Benelux region offset declines in its inve...
- Global economic recovery still fragile : PMAhead of the G-20 Summit in Toronto, Prime Minister Manmohan Singh on Friday said it was necessary for the global economy to continue to re...
- India can't remain immune to euro debt crisis: FMFinance Minister Pranab Mukherjee today said Indian markets cannot remain immune to eurozone debt problems.
- European recession to last well into 2010: IMFIn 2010, the IMF said the euro zone is likely to contract by 0.4 percent, with Germany shrinking by another 1 percent.
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