euro zone news
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Mark Carney's tribute to Canada
Berlin :: Germany | 1 hour ago
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EDT Mark Carney, outgoing governor of the Bank of Canada. (Simon Dawson/Bloomberg) Canadians are not in the habit of thinking of their country as similar to the euro zone group of countries, but Mark Carney, in his speech to the Board of Trade of
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ECB seeks new tools while Fed toys with exit
Vienna :: Austria | 14 hours ago
Credibility
The Euro sculpture is pictured in front of the headquarters of the European Central Bank (ECB) in Frankfurt, January 17, 2012. The European Central Bank is looking into expanding its range of policy tools, while the U.S. central bank is mulling
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YARDENI: We're Witnessing 'Irrational Exuberance' In The European Stock Market
Rome :: Italy | 1 day ago
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There does appear to be some irrational exuberance over in Europe. One of the greatest dichotomies in the global bull market in stocks is the stellar performance of European equity prices despite the ongoing recession in the euro zone. Europe stock
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Matthew Lynn's London Eye: Five lessons Europe can learn from Abenomics
Tōkyō :: Japan | 1 day ago
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The closer you look, the more apparent the similarities between Japan and Europe become...Both of them have aging populations, and will soon have to grapple with steep demographic decline. Both have a lot of mature companies with powerful brands but
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France must reform or face punitive measures: EU
Berlin :: Germany | 3 days ago
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France should only be granted more time from the European Commission to cut its deficit if it also introduces reform measures, EU Energy Commissioner Guenther Oettinger was quoted saying on Monday. Oettinger, a former state premier in Germany and a
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Greece's big economic recovery – for investors
Athens :: Greece | 3 days ago
Credibility
A year ago, Greece seemed on the verge of leaving the euro zone. Depositors were draining their savings from Greek banks and a radical left coalition that advocated a halt on debt repayments default, in other words seemed sure to win the election...
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European Central Bank to keep loose monetary policy
Muscat :: Oman | 6 days ago
Credibility
The European Central Bank (ECB) will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said yesterday. With the euro zone economy stuck in recession, the ECB cut its main
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Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF
Nicosia :: Cyprus | 6 days ago
Credibility
Vehicles speed past a sign placed by anti-Troika protesters outside the parliament in Nicosia March 24, 2013. The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption
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Peso dips on news of Europe's contraction, US production fall
Manila :: Philippines | 8 days ago
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Philippines The peso fell on Thursday following the release of reports that the euro zone contracted in the first quarter and that industrial production in the United States fell in April. The local currency closed at 41.225 against the US dollar,
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GEORGE SOROS: We Need A 'Pro-European But Anti-Establishment Political Movement' To Save Europe
Berlin :: Germany | 10 days ago
Credibility
Yuri Gripas George Soros believes someone in the euro zone needs to step up and confront Germany...In a recent speech , billionaire financier George Soros made an assertion aimed at the heart of the euro crisis: Germany should either agree to
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