Archive for August, 2012

Eurozone jobless soars to 18million
Friday, August 31st, 2012

Unemployment across the Eurozone has hit a record high with 18million people recorded out of work in July, [...]

Unified Banking=Stronger Euro?
Friday, August 31st, 2012

In June leaders of the European Union reached an agreement pertaining to the creation of a single European [...]

Confidence in the Eurozone drops to a 3-year low
Thursday, August 30th, 2012

  Economic confidence in the Euro region has fallen more than economists expected to a three-year low in [...]

Wen it comes to the Euro-Zone the Chinese Premier advocates ‘Comprehensive Measures’
Thursday, August 30th, 2012

With crumbling investor confidence, rising unemployment and economies floundering, the deepening euro-zone crisis is having significant effects on [...]

Spain edges closer to full bailout
Wednesday, August 29th, 2012

  The Spanish are edging ever closer to requesting a full scale bailout after the country’s most economically [...]

The euro rose to a new seven week high against the US dollar and also made progress against the pound
Wednesday, August 29th, 2012

The euro rose to a new seven week high against the US dollar and also made progress against [...]

Draghi shoulders the weight of Europe
Tuesday, August 28th, 2012

At the end of this week the annual Jackson Hole meeting of central bankers will take place, but [...]

Euro rises to a three-week high against the Pound
Tuesday, August 28th, 2012

  The Euro has risen to a three-week high against Sterling after Spain managed to sale more than [...]

Deepening Recession not aided by Stealthy Taxation
Tuesday, August 28th, 2012

Recently, a report estimated that over half of town councils in Spain (approximately 4,000) are so indebted that [...]

Euro-zone: Episode IV – A New Hope?
Friday, August 24th, 2012

It was just like an intensely awkward film premier as Greek Prime Minister Antonis Samaras and German Chancellor [...]


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