Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
July 2nd
ECB executive board member Jörg Asmussen has warned that progress to resolve the Greek financial crisis has “virtually stalled” over the last three months since the last bailout agreement.
July 3rd
Plans for an EU-wide banking union overseen by the European Central Bank, (ECB,) lack required details to ensure they succeed, credit ratings agency Fitch warned yesterday.
July 4th
As IMF, ECB and European Commission officials meet in Greece to assess the initial success of the country’s recent bailout newly released PMI figures were announced showing that Germany’s service sector contracted in June.
July 5th
Former head of the International Monetary Fund Rodrigo Rato is due to appear in a Spanish court over accusations of criminal fraud relating to his involvement with mortgage lender Bankia.
July 6th
Markets fell across much of the globe yesterday, despite renewed efforts by central banks desperate to reignite struggling economies exposed to the Eurozone crisis.
July 9th
The newly formed Greek government has won a vote of confidence in the Greek parliament providing a mandate to tackle the country’s on-going financial problems and stay within the eurozone.
July 11th
Spanish Prime Minister Mariano Rajoy has announced a further range of spending cuts and tax increases designed to balances the country’s budget.
July 12th
European carmaker Peugeot Citroen has cited a “profound crisis” in Eurozone markets for the loss of 8,000 jobs and fall in demand.
July 16th
Europe’s on-going financial crisis has impacted Asia’s 2012 economic performance, with China’s GDP falling to 7.6 per cent and Singapore’s economy contracting by 1.1 per cent in Q2.
July 17th
The International Monetary Fund (IMF) has warned the worst of the euro crisis may be yet to come, as it cut its global growth forecast again this week.
July 18th
Italy’s economic minister has argued that greater action is required to resolve the Eurozone crisis. Addressing a parliamentary hearing in Rome Vittorio Grilli said that the European Union’s responses “are still not satisfactory”.
July 19th
The future of Spain’s banking system is being debated by German politicians this afternoon.
July 20th
Spain’s much-needing banking system rescue, worth €100 bn, is expected to be finally ratified by EU finance ministers later today,
July 23rd
Euro hits new low and Spain’s borrowing costs remain unsustainable, over fears the nation may need a complete bail-out.
July 24th
The challenges the Greek government now faces are “Herculean” according to Antonis Samaras, the nation’s new Prime Minister. The Spanish problem continues to spook investors.
July 25th
A group of global economists including two advisers to the German government have sounded a dire warning for debt-stricken Europe, stating it is “sleepwalking toward a disaster of incalculable proportions’. Effects of the crisis are being felt as far as Russia and Thailand.
July 26th
Greece has a 90 per cent chance of leaving the euro within 18 months, according to a statement released today by Citigroup.
July 27th
European Central Bank (ECB) president Mario Draghi’s pledge to “do whatever it takes” to save the euro saw markets close well up yesterday.
July 30th
Luxembourg prime minister and Eurogroup President Jean-Claude Juncker has argued that the euro has reached a “decisive point” and that leaders will decide in the coming days “what measures we will take”.
July 31st
Expectation is mounting ahead of Thursday’s key meeting of European Central Bank (ECB) officials, following president Mario Draghi’s promise the institution would do “whatever it takes” to save the euro.
Thank you for any other wonderful post. Where else may anybody get that type of info in such an ideal way of writing? I have a presentation subsequent week, and I’m on the look for such information.