Search Results for: European economy
Fighting tax evasion: The European Union and the Principality of Monaco initial new tax transparency agreement
February 24th, 2016
The EU and Monaco have today initialled a new tax transparency agreement marking another major step forward in the fight against tax evasion. The agreement provides that Monaco and EU Member States will automatically exchange information on the financial accounts of ...
21 New Numbers That Show That The Global Economy Is Absolutely Imploding
February 17th, 2016
After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment. But that does not mean ...
Shock slump in European industry bodes ill
February 11th, 2016
Europe‘s top four economies suffered steeper drops in industrial output during December than any analyst had forecast, a grim sign for the global economy as it struggles to sustain momentum. Wednesday’s industrial output data for Britain, France and Italy ...
Gold hits new 3-month high on global economy concerns
February 8th, 2016
Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek safety in hard assets. Spot gold reached a peak of ...
Saudi economy is resilient, says World Bank expert
February 8th, 2016
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region said in an interview with Tass. “The fact is that ...
Could Greece Positively Surprise World Economy in 2016?
January 21st, 2016
Premier sees investors returning to Greece in recent weeks Asset-sales fund announces Piraeus Port stake sale to Cosco Prime Minister Alexis Tsipras said investor trust in the Greek economy is returning as the country’s asset-sales fund announced the privatization ...
FTSE and European markets edge higher ahead despite Asia decline
January 21st, 2016
UK and European stocks wavered early on 21 January before gradually edging into the black, as they successfully shrugged off a disappointing session in Asia, where equity markets fell across the board. Midway through the session, London’s FTSE 100 ...
Italian Banks Lead European Decliners on Bad-Loan Concerns
January 19th, 2016
Italy’s government has been struggling to set up a bad bank Country’s bad loans reached 201 billion euros in November Italian banks dropped in Milan, leading declines in the European Stoxx 600 Banks Index, reflecting investor concerns about lenders’ ...
European markets: FTSE and European stocks shrug off worries over China slowdown
January 11th, 2016
European equity markets kicked off the week on an upbeat note, as investors shrugged off yet another dismal session in Asia, which saw stocks plunge to their lowest level in more than four years. Early on in the European ...
The World Economy’s Winners and Losers in 2015
December 31st, 2015
When the final numbers are tallied, 2015 will probably count as another disappointing year for global growth. The muted performance came even as central banks continued to pump in liquidity, oil prices plunged again and inflation was moderate. It was also a year ...
