Search Results for: European economy
Greece crisis: PM Tsipras tells creditors to ‘get real’
June 15th, 2015
Greek Prime Minister Alexis Tsipras has said his government will wait patiently for international creditors to become “realistic”, after talks on a debt deal in Brussels failed. Mr Tsipras rejected demands for pension cuts, citing his country’s dignity. Time ...
Greece Enters Fateful Week as Talks End Fruitlessly
June 15th, 2015
Greece enters what could be a defining week after last-ditch negotiations between representatives of the Greek government and its creditors collapsed on Sunday. The euro dropped as the European Commission said the talks in Brussels had broken up after ...
Switzerland Rules Out FTA With EU
June 12th, 2015
The Swiss Federal Council has concluded that a free trade agreement with the European Union (EU) would be a step backwards and cause uncertainty. The Council was responding to the postulate of Council of States member Karin Keller-Sutter. The ...
Asian shares drift higher, dollar keeps gains
June 12th, 2015
Asia share markets made guarded gains on Friday and the dollar held firm in the wake of reassuringly upbeat U.S. retail data, though the mood was cautious as Greek debt talks took yet another confusing turn. Activity was sparse ...
Germany, France Targeted as EU Chases Tax-Loophole Data
June 9th, 2015
The European Union stepped up a probe into tax loopholes for multinational companies, demanding details of specific agreements in 15 nations including euro-area heavyweights Germany, France and Italy. Regulators also issued an ultimatum to Poland and Estonia for failing ...
Google, Facebook at Center of EU Clash Over Cyber-Attack Law
June 8th, 2015
Google Inc. and Facebook Inc. are caught in the middle of a clash between European Union lawmakers on whether the U.S. technology giants should be covered by rules forcing companies to report cyber attacks to government agencies in the ...
OPEC 167th Meeting concludes
June 8th, 2015
The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015 under the Chairmanship of its Alternate President, HE Dr. Mohammed Bin Saleh Al Sada, ...
Asian shares slip, China’s imports disappoint
June 8th, 2015
An index of Asian shares extended losses on Monday after Chinese imports declined more than expected, while the dollar was higher after upbeat U.S. employment data raised bets that the U.S. central bank would raise interest rates as early ...
Investors Start To Panic As A Global Bond Market Crash Begins
June 4th, 2015
Is the financial collapse that so many are expecting in the second half of 2015 already starting? Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right ...
Greek Stalemate Leaves Tsipras Face Final Creditor Offer
June 3rd, 2015
Greek Prime Minister Alexis Tsipras will be told the details of a final proposal from creditors to break a stalemate over a financial lifeline as his country runs out of options to avert a default. After European leaders and ...
