Search Results for: European Central Bank (ECB)
Euro zone starts year with solid economic growth, but risks ahead
January 26th, 2017
The euro zone started 2017 by maintaining solid economic growth as a weaker currency boosted orders for goods and services, a survey showed, but rising political risks could soon take their toll. Growth in Germany’s private sector slowed slightly ...
Strong franc, negative interest rates expected to stay
December 21st, 2016
The Swiss economy will continue to be plagued by an over-valued franc and negative interest rates for the whole of next year, according predictions released by Credit Suisse bank economists. The silver lining to this forecast is that Swiss ...
Consumer confidence rises in Eurozone in November
November 22nd, 2016
Consumer confidence rises in Eurozone in November, beating the wider European Union Eurozone consumer confidence has improved sharply in November, shrugging off any aftermath from the UK’s decision to vote to leave the European Union. The indicator improved by ...
Recent Upgrade by S&P: What does it really mean?
September 22nd, 2016
The first long-awaited upgrade of the Cyprus economy by the rating agencies for this Fall has finally arrived with the recent upgrade from S&P by one notch (from BB- to BB). Now we are only two notches away from ...
The potential economic impact of Brexit for London, the UK and Europe
July 28th, 2016
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
ECB published its Convergence Report 2016 for Bulgaria, Romania, Poland and another four Countries
June 8th, 2016
The period covering the latest rounds of EU enlargement has seen many countries making considerable progress towards participating in Economic and Monetary Union (EMU) The seven countries under review comply with most of the quantitative economic criteria, but none ...
What happens next if Britain votes to leave the EU?
June 2nd, 2016
The first hours By the early hours of Friday 24 June, it will be clear if the UK has defied the experts and pollsters by voting to leave the European Union. If that happens, a shattered David Cameron, his leadership ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
