Search Results for: ELA
Creditors maintain tough stance as Greece presents reforms
March 5th, 2015
As pressure builds on Greece to implement economic reforms in order to secure crucial rescue funding, the country’s representative to the Euro Working Group on Wednesday presented to his eurozone counterparts the six proposals Greece intends to make at ...
Draghi: Cyprus on track for early bailout exit
March 5th, 2015
Cyprus is on track to exit the adjustment programme before the original deadline of 2016, European Central Bank (ECB) president Mario Draghi said on Wednesday, something which he said was remarkable Draghi was speaking at an official dinner hosted ...
China lowers 2015 growth target to around 7%
March 5th, 2015
China targeted economic growth of approximately 7 percent in 2015, lower than the goal of around 7.5 percent in 2014, according to a government work report delivered by Premier Li Keqiang at the parliament’s annual session Thursday. The growth ...
Merkel says France reforms on ‘right track’
March 4th, 2015
German Chancellor Angela Merkel said Wednesday that French economic reforms put the country on the “right track” after Paris won a two-year delay from the EU to get its budget deficit back within Brussels limits. “I think France is ...
The Price of Oil Is About to Blow a Hole in Corporate Accounting
March 4th, 2015
There’s one place in the world where oil is still $95 a barrel. On paper. The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first ...
NYSE Announces Garvis Toler III as Global Head of Capital Markets
March 4th, 2015
The New York Stock Exchange, part of the Intercontinental Exchange (NYSE: ICE) global network of exchanges and clearing houses, today announced Garvis Toler III will become Global Head of Capital Markets focused on listings transactions. Toler will join the ...
Basel III monitoring results published by the Basel Committee
March 4th, 2015
The Basel Committee today published the results of its latest Basel III monitoring exercise. The study is based on the rigorous reporting process set up by the Committee to periodically review the implications of the Basel III standards for banks. ...
Japan’s Solar Power Growth Falters as Utilities Balk
March 4th, 2015
Rice fields, golf courses and even a disused airport runway. All over the southern Japanese region of Kyushu, unexpected places gleam with electricity-producing solar panels. Solar use in Japan has exploded over the last two years as part of an ambitious ...
ECB Glimpse of Cyprus Debt Shows Limits of Bank Cleanup
March 4th, 2015
There was a time when a Cypriot on a moderate income could take a gamble on foreign real-estate worth more than his life savings. One banking crash, three and a half years of recession and an international bailout later, ...
Warnings: Tureprofit – CFD 1000 Limited – Consomatrade Ltd – Redlane Enterprises Ltd
March 4th, 2015
Consob has prohibited, pursuant to article 99, section 1, letter d), of the Consolidated Law on Finance (CLF), the public offering related to those residing in Italy for the investment programme known as “Tureprofit”, established through the website www.tureprofit.com (resolution no. ...
