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Jul 23, 2014

Euro Slumps Against Dollar On Russian Sanctions

Fueled by fear over sanctions on Russia and its impacts on the eurozone, the euro slumped to an eight-month low against the U.S. dollar and it slid against the yen on Wednesday. The greenback held steady against several currencies. The European Union...

Jul 25, 2014

Hardly A Tragedy As Greek Entrepreneurship Begins To Flourish

Greece, the whipping boy of the Eurozone crisis, was held up to the rest of the world of as an example the worst of the southern European economies, with a corrupt public sector running up massive debts and a private sector largely dependent on the s...

Jul 24, 2014

Midyear Currency Outlook: Uncharted Waters Ahead

At the start of the year, it was widely expected that global monetary policy will continue to hinge on quantitative easing. Indeed it has. The Federal Reserve has been winding down its bond-buying program while the central banks for Japan, England, a...

Jun 30, 2014

Eurozone inflation rate remained flat at low 0.5 percent in June, keeps pressure on ECB

The inflation rate across the 18-country eurozone languished at a low of 0.5 percent in June, official figures showed Monday, adding urgency to the European Central Bank's recently announced measures to help the economy... #European Central Bank #Brussels

Jul 13, 2014

Slovenia votes in early election after prime minister's resignation amid political instability

Slovenes voted Sunday in a second early election in three years amid political instability that threatened the small eurozone nation's bid to pull out of an economic downturn... #European Central Bank #Brussels

Jul 17, 2014

ECB faced with fresh deflation fears as consumer price rises in the eurozone remain low

Increases in the prices for tobacco and in restaurants were balanced by cheaper food and phone calls, keeping consumer price inflation at 0.5 per cent in June... #European Central Bank #Brussels

Jul 16, 2014

Expat pension boost from soaring pound

The annual basic state pension for Britons who have retired in the eurozone is now €7,344.44 (£5,814.52) — a rise of €661.24 (£523.37) over the past 12 months... #European Central Bank #Brussels

Jul 24, 2014

Germany's current-account surplus is partly to blame for eurozone stagnation

With Germany unwilling to spend, it is up to ECB president Mario Draghi to devalue the currency for a much-needed boost While the rest of the world recovers from the great recession of 2008-2009, Europe is stagnating. Eurozone growth is expected to b... #Europe #Airbus #European Central Bank #Mario Draghi #Germany #European Union #European Monetary Union

Jul 24, 2014

Eurozone recovery picks up except for France

French nearing third recession since banking crisis as other parts of zone see recovery gather momentum after spring dip The dip in fortunes that has spread across the eurozone since spring was reversed last month after businesses expanded output and... #European Union #Europe #France #European Monetary Union

Jul 23, 2014

Bank of England claims credit for recovery, as market awaits MPC minutes live

MPC minutes show some policymakers are concerned about weak wage growth, as governor says rates will need to rise as economy normalises Mark Carney speaks in Glasgow MPC: market reaction to economic and geopolitical risks is surprisingly low Weakness... #Bank of England #Glasgow #European Commission #International Monetary Fund #Forex #FTSE