Search Results for: euro
Russia’s Gazprom threatens to cut off gas to Ukraine, Europe
February 25th, 2015
Russia’s state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there — and threatening supplies to the rest of Europe. The Gazprom announcement came hours ...
Annual inflation down to -0.6% in the euro area
February 25th, 2015
Down to -0.5% in the EU Euro area annual inflation was -0.6% in January 20152 , down from -0.2% in December. This was the lowest rate recorded since July 2009. In January 2014 the rate was 0.8%. European Union ...
Eurogroup statement on Greece
February 24th, 2015
EU Council press release: The Eurogroup today discussed the first list of reform measures presented by the Greek authorities, based on the current arrangement, which will be further specified and then agreed with the institutions at the latest by ...
Dukascopy: Euro-related over-the-weekend leverage
February 24th, 2015
Some of Dukascopy liquidity providers warn their clients about an excessive risk of market gaps on Euro-related currency pairs related to Greece and its possible exit from Euro Zone which could arise at any time. In particular, there is ...
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
Visa Europe: Payment tokenisation service launched
February 24th, 2015
Service protects customer data to enable secure and convenient payments across a variety of technologies Visa Europe today announces its plan to launch a tokenisation service customized for the needs of the European market. Tokenisation technology will be at ...
European stocks lift on Greek deal
February 23rd, 2015
Europe’s main stock markets have opened higher after eurozone ministers tentatively agreed to extend Greece’s bailout by four months. London’s benchmark FTSE 100 index advanced 0.40 per cent to 6,942.70 points on Monday compared with Friday’s close. Frankfurt’s DAX ...
It’s Germany vs. Greece, And The Very Survival Of The Eurozone Is At Stake
February 20th, 2015
Is this the beginning of the end for the eurozone? On Thursday, Germany rejected a Greek request for a six-month loan extension. The Germans insisted that the Greek proposal did not require the Greeks to adhere to the austerity ...
Investors Still Don’t Think Greece Will Exit the Euro
February 20th, 2015
As Greece heads toward 11th-hour funding talks with its euro-area membership on the line, bondholders are surprisingly sanguine about its failure so far to secure a deal. Forget the strategists at Commerzbank AG who say there’s a 50 percent ...
Eurogroup: EU “Trojan Horses” and cracks in the wall
February 20th, 2015
Friday’s Eurogroup is expected to be a tough day of negotiation and a last chance for a “mutually beneficial” situation Finance Minister Yanis Varoufakis’ proposal for a six-month extension of its bailout facility was rejected by Germany that won’t ...
