Archive for May, 2012

G8 leaders told to prepare for a Greek withdrawal
Monday, May 21st, 2012

The British Prime Minister David Cameron has warned his fellow G8 leaders that they have to be prepared [...]

Obama to urge the EU to ease Austerity
Friday, May 18th, 2012

The President of the United States Barrack Obama is to warn European leaders that they need to ease [...]

The Greek financial system could collapse within days
Thursday, May 17th, 2012

Fears are growing that the Greek economy is on the verge of total collapse, Economists are warning that [...]

A Greek departure threatens Europe’s recovery
Wednesday, May 16th, 2012

Elections are to be held once again in Greece after the main political leaders failed to form a [...]

Yesterday’s trading day can truly be described as a ‘game of two halves’
Wednesday, May 16th, 2012

In the morning, better than expected German GDP data allowed the euro zone as a whole to avoid [...]

Italian military to be deployed to combat the threat of extremists
Tuesday, May 15th, 2012

The Italian government has stated that it will be stepping up security and calling in army battalions ahead [...]

Euro-zone avoids recession
Tuesday, May 15th, 2012

The latest GDP figures compiled by the EU’s statistics office Eurostat were released today showing that the embattled [...]

New Greek elections look likely as the Euro reaches a three year low against the pound
Monday, May 14th, 2012

The uncertainty following the recent Greek elections looks set to get even worse, after the country’s political leaders [...]

EC forecasts show that austerity may not be the way
Friday, May 11th, 2012

The European commission has revealed its forecast for the next two years and the outlook is grim. The [...]

Bank of England decides against further easing
Thursday, May 10th, 2012

Rumours that the Bank of England was going to commit to more Quantitative easing were quashed today. At [...]


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