Search Results for: European economy
Trump, Russia and China
December 19th, 2016
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the ...
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
Can the world’s oldest bank survive Italy’s upheaval?
December 6th, 2016
The world’s oldest operating bank is racing to avoid a government bailout. Italy’s Monte dei Paschi di Siena (BMDPF) is trying to salvage a rescue plan that would see investors inject €5 billion ($5.4 billion) into the bank. Political ...
Euro Projected to Weaken against the Dollar
December 5th, 2016
For the Euro to move higher tapering the asset purchase programme must be mentioned at Thursday’s ECB meeting but also keep an eye out for the abolition of the ‘capital key.’ The Euro will probably weaken against the Dollar ...
EU announces new tax rules to support online trading booming market
December 5th, 2016
Statement by Vice-President Ansip at the press conference to announce new tax rules to support e-commerce and online businesses in the EU Online trading is a booming market, for buyers as well as sellers. Europe could be making so ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
Italy’s Renzi vows to resign after crushing referendum defeat
December 5th, 2016
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a ...
Euro Slips With Asian Stocks While Bonds Rise as Italy Votes No
December 5th, 2016
Renzi to resign as referendum defeated; Kiwi down as Key quits Yuan falls offshore on Trump tweets; oil drops on U.S. output The euro retreated with stocks, while bonds rose, amid concern the failure of Italy’s referendum on constitutional ...
Credit cycles and gold
December 3rd, 2016
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This is because President-elect Trump has stated he will implement infrastructure ...
