Search Results for: euro
Twenty-four European banks fail financial stress tests
October 27th, 2014
One in five European banks have failed crucial tests of their financial strength, leaving a €25bn (£19.6bn) capital hole in the continent’s banking system at a time of renewed fears that the five-year long eurozone crisis may be flaring ...
Coinfloor expands to dollars, euros and zloty
October 22nd, 2014
Coinfloor has revealed plans to launch a bitcoin exchange traded fund (ETF) and accept additional fiat currencies as part of its efforts to expand internationally. Starting immediately, the UK-based bitcoin exchange is allowing customers to make deposits in US ...
Eurozone fails to benefit from weak currency as oil price slides
October 20th, 2014
Pity the policy makers given the job of rescuing the eurozone from deflation. The unorthodox steps the European Central Bank has taken since June – including a programme of private-sector asset purchases – have caused a steep fall in ...
Bloc in Europe Starts to Balk Over Austerity
October 17th, 2014
France, Italy and the European Central Bank have coalesced into a bloc against Chancellor Angela Merkel of Germany, and they are insisting that Berlin change course. With Europe once again rattling global markets, many of the largest European countries ...
European stocks open higher
October 16th, 2014
European stocks are opening higher and Bund yields are moving up from record lows as investors bet the latest risk asset sell-off is overdone. Tokyo’s Nikkei 225 equity gauge fell 2.2 per cent after Asia inherited news of a ...
Draghi’s Whatever It Takes Bid Saved Euro Area, ECB Says
October 15th, 2014
European Central Bank President Mario Draghi helped save the euro with his pledge to do “whatever it takes” as lenders prepared for a collapse of the currency, an ECB lawyer told a hearing today. The European Court of Justice, ...
European banks raise more capital before ECB stress test
October 13th, 2014
Euro zone banks have raised 35 percent more capital ahead of the European Central Bank’s (ECB) latest stress test than they had set aside before the 2011 review, according to a report published by law firm Linklaters. The euro ...
Western sanctions against Russia cut Europe’s throat
October 8th, 2014
Sanctions against Russia have not led to the isolation of the country, even if the West tried to alienate Russia from western markets of capital and technologies. Instead, the sanctions strengthened the ties between Russia and China. Russia will ...
Rift opens among Eurozone leaders over Germany’s insistence on austerity
October 8th, 2014
With new signs of economic trouble emerging, what has been a guiding European economic principle for several years is facing open revolt. As Europe confronts new signs of economic trouble, national leaders, policy makers and economists are starting to ...
Overview: Greek Budget, Europe’s Nominees and I.M.F. and World Bank Meetings
October 6th, 2014
Greece will unveil its 2015 draft budget, hearings for vice-presidential nominees for the European Commission will be held, and the World Bank and I.M.F. open annual meetings in Washington. Greece is set to unveil its draft budget for 2015 ...
