Archive for June, 2012

Double satisfaction for Italy
Friday, June 29th, 2012

The Euro has surged against its peers after Italy achieved two surprise victories over the Germans last night. [...]

Germany stands defiant ahead of EU summit
Thursday, June 28th, 2012

The German Chancellor Angela Merkel is sticking to her guns after Spain and Italy went begging for financial [...]

The euro suffered dropping half a cent against sterling.
Wednesday, June 27th, 2012

As Cyprus joined the ever increasing number of European countries to request a bail-out yesterday, the euro suffered [...]

Microsoft’s Greek head office destroyed by Arsonists
Wednesday, June 27th, 2012

Attacks against foreign businesses, banks and politicians are on the increase in the economically ravaged country, this morning’s [...]

Integrate or fail warns EESC president
Tuesday, June 26th, 2012

The president of the European Economic and social committee has warned that Thursday’s meeting of EU leaders could [...]

Spain officially requests a bailout
Monday, June 25th, 2012

In the least surprising news ever, Spain’s economy minister Luis De Guindos has officially asked the European Union [...]

Hollande’s empty promises
Friday, June 22nd, 2012

Francois Hollande won the French elections on the back of anti-austerity rhetoric but less than two months into [...]

Root out the corrupt to save the Euro
Thursday, June 21st, 2012

As European leaders continue to squabble over a plan to save the Euro the continents rich continue to [...]

Poor Eurozone Manufacturing PMI’s could Prompt an ECB Rate Cut
Thursday, June 21st, 2012

The Pound to Euro exchange rate has improved by almost half a cent this morning as Eurozone PMI’s [...]

Samaras is sworn in as the new Prime Minister of Greece with God as his right hand man and Barack Obama as his greatest fan
Wednesday, June 20th, 2012

New Democracy party leader Antonis Samaras has formed a coalition government with the Socialist PASOK party and the [...]


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