Search Results for: European economics
Quantitative Easing in 5 key questions
June 25th, 2015
On January 22, 2015, the European Central Bank (ECB) president Mario Draghi launched the institution’s Quantitative Easing (QE) program. QE is an exceptional measure, taken when traditional means of stimulating activity and growth prove ineffective. Learn more about the concept via five ...
Global Index Ranks Countries Best Equipped to Thrive in the Face of Unprecedented Change
June 25th, 2015
2015 KPMG Change Readiness Index highlights the impact of inclusive growth and income inequality on the capacity for responding to change. KPMG International today released its 2015 Change Readiness Index (CRI), ranking 127 countries for their capacity to prepare ...
Greece Lurches Closer to Default
June 25th, 2015
European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek government ...
Asian shares, dollar edge down as markets eye Greece
June 25th, 2015
Asian shares and the dollar edged down in Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as Greece continued last-minute efforts to avert a default. Athens’s talks ...
Greek crisis: Tsipras says ‘no deal’ with creditors
June 24th, 2015
International creditors on Wednesday rejected the Greek government’s plan to end its financial crisis, but they have submitted counterproposals. News of the rejection, announced by Greek Prime Minister Alexis Tsipras, dashed hopes of an imminent deal between the embattled ...
EU-Greece negotiations are at the finish line
June 22nd, 2015
After five months of high drama, debt negotiations between the leftist government in Greece and its official lenders – the European Commission, the International Monetary Fund, and the European Central Bank – are near the finish line. On June ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
What Happens If Greece Defaults On IMF, ECB And Leaves The Eurozone?
June 18th, 2015
Time is running out–yet again–for Greece. The most heavily indebted country in the Eurozone is headed for a showdown with its creditors that may result in a default on its debt, and possibly in its leaving the euro. The ...
Gold price to climb as fears of a ‘Grexit’ rise
June 18th, 2015
The price of gold is tipped to rise as investors use the precious metal as a hedge against financial fallout from Greece’s ongoing debt crisis. Gold has been trading at about $US1180 per ounce in the last week, and ...
ICE to launch ERIS Standard Interest Rate Futures
June 16th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that ICE Futures Europe, the UK’s leading multi-asset class derivatives exchange, intends to launch Eris standard interest rate futures contracts denominated in Euro (EUR) ...
