Search Results for: euro
Investment Program supported by European Finance Officials
September 15th, 2014
A three-year, €300 billion program to spur the European economy won broad support from finance ministers. Finance ministers of the European Union have endorsed plans to leverage hundreds of billions of euros in order to finance new infrastructure projects ...
European Bank Assets Recover in First Half
September 12th, 2014
Europe’s big banks returned to growth mode in the first half of this year, expanding their books by 530 million euros ($685 million), in a sign they are starting to get back on their feet after the financial crisis. ...
Russian European food sanctions have consequences
September 5th, 2014
Bas Feijtel has a bumper crop of pears and no place to sell them all, so he’s leaving a quarter of them to rot. That’s because the price he gets for his pears plunged 70 percent from last year after ...
Promise From European Central Bank Is Also a Gamble
September 5th, 2014
By promising to rev up the printing presses, the European Central Bank has created hope in the markets that Europe may finally start to overcome its economic challenges. Yet the central bank is taking a big gamble in directing ...
Europe Needs A New Source of Oil and Gas, Fast
September 5th, 2014
Summer is over and many Europeans may have to keep warm this coming winter by thinking about their summer holidays while wrapped in blankets, praying for a short winter or for the world to come to its senses. It ...
ECB plans 500 billion euros bond purchase program
September 4th, 2014
Plans to launch an asset-backed securities (ABS) and covered bond purchase program worth up to 500 billion euros are on the table at Thursday’s European Central Bank policy meeting, people familiar with the discussions say. ECB President Mario Draghi ...
Which European countries would be hardest hit by a Russian gas embargo?
September 4th, 2014
With relations between Europe and Russia at their worst point since the fall of the Berlin wall, the Institute of Energy Economics (EWI) has taken it upon itself to examine what would happen to various European nations if Russia ...
EU regulators fine Infineon, Samsung, Philips 138 million euros
September 3rd, 2014
European Union antitrust regulators fined Philips, Samsung Electronics and Infineon Technologies a total of 138 million euros ($181.28 million) on Wednesday for fixing prices of chips used in mobile SIM cards. The European Commission, which raided the companies in ...
Swiss economy influenced by Eurozone
September 3rd, 2014
Switzerland’s economy unexpectedly flatlined in the second quarter as trade took a hit from stagnation in its main export market, Europe, and a dip in construction spending. The data, missing forecasts of a 0.5 per cent increase from the ...
Europe makes one step towards Russia, away from USA
September 3rd, 2014
Elections to the governing bodies of the EU finished, and it was the word of German Chancellor Angela Merkel that played the crucial role in the elections. After the discussion of the Ukrainian crisis, the leaders of 28 countries ...
