Wednesday 30 Nov 2011
There were several macroeconomic indicators released early this morning in Europe: Read More
Wednesday 30 Nov 2011
Ecofin (the Economic & Financial Affairs Council that includes the ministers of Economy and Finance from the 27 European Union member countries) meets on Wednesday at around 9:15 London time (10:15 CE... Read More
Wednesday 30 Nov 2011
The Eurogroup gave the go ahead last night to release the new tranches of aid to Greece and Ireland. Specifically, Athens will receive the sixth tranche of aid from its first rescue package worth €8bn... Read More
Wednesday 30 Nov 2011
The euro rose to a high of above $1.34 on Tuesday before later retreating as European leaders met in Brussels to formulate solutions to the debt crisis. Read More
Tuesday 29 Nov 2011
Leaders meeting at a EU-US summit in Washington have said: "We are committed to working together to reinvigorate economic growth, create jobs, and ensure financial stability." Read More
Tuesday 29 Nov 2011
The economic sentiment indicator for the Eurozone fell by 1.1 points to 93.7 according to the latest data from Eurostat, the EU's statistics office. Read More
Tuesday 29 Nov 2011
Swiss banking giant UBS has cut its global growth forecast, citing the European debt crisis and the deteriorating macro indicators as reasons for the move. Read More
Tuesday 29 Nov 2011
As Belgium works out its draft budget agreement in an attempt to reduce the deficit to 2.8% of gross domestic product in 2012, compared to the expected 3.6% this year, its government calculates that t... Read More
Tuesday 29 Nov 2011
Spain's general consumer price index (CPI) for November registered a year-on-year increase of 2.9%, under the previous month's reading of 3.0%, according to the preliminary data from the country's Nat... Read More
Tuesday 29 Nov 2011
Following the rumors that appeared yesterday in Italian newspaper La Stampa, the managing director of the International Monetary Fund (IMF), Christine Lagarde, came out to deny that the Washington bas... Read More
Tuesday 29 Nov 2011
European equities have opened with average falls of 0.30%, following yesterday’s strong gains related to potential progress on the political front in Europe and positive U.S retail sales surveys at th... Read More
Tuesday 29 Nov 2011
After Moody’s Investors Service placed the debt of 87 European banks on review for a possible downgrade due to doubts over previous assumptions of government support, the experts at Royal Bank of Scot... Read More
Tuesday 29 Nov 2011
Moody’s Investors Service has placed the debt of 87 European banks on review for a possible downgrade due to doubts over previous assumptions of government support. Read More
Tuesday 29 Nov 2011
The Eurozone's finance and economic ministers (Eurogroup) will meet today and are expected to approve the next €8bn tranche of the €110bn original Greek rescue created in May 2010 by the International... Read More
Tuesday 29 Nov 2011
Ratings agency Standard and Poor’s may be considering putting France’s triple A rating under review for a possible downgrade, according to several sources contacted by the French newspaper La Tribune.... Read More
Tuesday 29 Nov 2011
Ratings agency Fitch Ratings has cut its outlook on the United States’ credit rating to negative from stable, although the agency has opted to keep the nation's triple-A rating intact. Read More
Tuesday 29 Nov 2011
Optimism that European leaders are stitching together a new pact to resolve the region's debt crisis fuelled demand for the euro on Monday. Read More
Monday 28 Nov 2011
The United States and the European Union held a summit meeting in Washington on Monday. European Council president Herman Van Rompuy and European Commissioner Jose Manuel Barroso met with US president... Read More
Monday 28 Nov 2011
The Eurozone's finance and economic ministers (Eurogroup) will meet Tuesday and are expected to approve the next €8bn tranche of the €110bn original Greek rescue created in May 2010 by the Internation... Read More
Monday 28 Nov 2011
"Decisive policies must be urgently put in place to stop the euro area sovereign debt crisis from spreading and to put weakening global activity back on track," concluded the Organisation for Economic... Read More
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