Tag: Eurozone
Eurozone bond market turning page on crisis
The eurozone bond market is gradually recovering from the disruption caused by the debt crisis, analysts say, with the gap in borrowing costs between...
Portugal president throws politics into disarray
Portugal's president threw the bailed-out euro zone country into disarray on Thursday after rejecting a plan to heal a government rift, igniting what critics...
Eurozone economy shrinks 0.2 percent in first quarter
The 17-nation eurozone continued stuck in recession for a sixth consecutive quarter in the first three months of 2013, with the economy shrinking 0.2...
Eurozone unemployment hits record 12.2 percent
Unemployment across the 17 EU countries that use the euro hit another record high in April, official figures showed Friday, the latest in a...
In a two-faced euro zone, financial conditions ease as joblessness rises
Money is returning to the euro zone. Jobs aren’t. That’s the conflicting message of a pair of reports on Friday that show why Europe...
Eurozone interest rates kept on hold at 0.75%
The European Central Bank (ECB) has left eurozone interest rates unchanged at 0.75%, as had been widely expected. Many analysts do not expect the...
Britain’s EU future elbows out euro woes at Davos
What a difference a year makes! At the last World Economic Forum in Davos there were frantic secret meetings on saving the euro and...
Euro stays weak after eurozone growth cut
The euro bounced off lows hit in New York but still lacked steam in Asia on Friday as market players continue to worry about...
Oil down in Asian trade
Oil prices were down in Asian trade Monday as markets awaited the outcome of a eurozone finance ministers’ meeting aimed at unlocking the next...
Would you like a haircut?
Eurozone finance ministers are considering a possible “haircut” for Greece in 2015, a German newspaper reported on Sunday, in a bid to reduce the...
Euro weakens as eurozone fails to agree Greek deal
The euro fell in Asian trade on Wednesday and shares eased after eurozone finance chiefs said they had failed to agree on a deal...
Eurozone business slump accelerates: Markit
Eurozone private sector business activity slumped deeper into the mire in October, falling at its fastest rate since June 2009 to 40-month lows, a...
Spain borrowing costs slide as rescue nears
Spain’s borrowing costs tumbled in a major bond auction Thursday as Madrid scrambled to decide “within weeks” whether to snatch a eurozone financial lifeline.
The...
Greece holds general strike as EU leaders meet
Thousands of Greeks staged a general strike against a new wave of imminent austerity cuts on Thursday as EU leaders were to tackle the...
Europe hopes lift Asian markets
Asian markets were boosted Wednesday on increased confidence in the eurozone after Moody’s held off cutting Spain’s credit rating, while Madrid looked to move...
IMF calls for action as euro zone crisis festers
The IMF prodded the world’s rich countries for swifter action on Thursday as Europe’s debt crisis drags on while the United States and Japan...
Another 10 years it is then…
The world economic crisis could take 10 years to run its course, the IMF’s chief economist Olivier Blanchard told Hungarian business news site Portfolio.hu...
