Search Results for: European Investment Bank
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
Fed Tiptoes Into Rate-Hike Debate
February 19th, 2015
Minutes of latest policy meeting show central bankers discussing when and how to raise interest rates from near zero The Federal Reserve’s debate about raising short-term interest rates is heating up. At their Jan. 27-28 policy meeting, officials heard ...
Greek stocks fall as debt deal talks stall
February 17th, 2015
Yanis Varoufakis: “We are ready and willing to do whatever it takes” Greece’s stock market fell by more than 4% at its open after European finance ministers failed to reach a new deal to restructure the country’s debts. Greek ...
German Economic Growth Accelerates, French GDP Only Slightly Higher
February 13th, 2015
The eurozone’s largest economies were on diverging paths in the final three months of 2014, as German growth accelerated, France slid closer to stagnation and ...
Will Draghi’s QE programme work?
February 13th, 2015
The recent announcement by Mario Draghi for the Quantitative Easing (QE) programme in Europe was welcomed by an expected euphoria from the financial markets. Stock markets around the globe produced positive and significant returns, while yields on the sovereign ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
Earthport Appoints New President for Europe
February 12th, 2015
Daniel Marovitz will lead the cross-border payment company’s European business Earthport, the cross-border payments service provider has appointed web entrepreneur and banker Daniel Marovitz as President of Europe, effective immediately. Daniel is responsible for the company’s European commercial operations, ...
Eurogroup: Points of agreement and discord
February 11th, 2015
All eyes are on the Eurogroup meeting that kicks of at 7 p.m. on Wednesday with EU partners waiting with baited breath to see how the chips will fall The Eurogroup meeting in Brussels on Wednesday has been dubbed ...
ICAP plc – Trading Statement
February 10th, 2015
Positive momentum in new Electronic and Post Trade initiatives Activity on EBS increased significantly as FX market volatility rose sharply Global Broking impacted by a reduction in bank client activity Cost savings programme remains on track ICAP plc (IAP.L), ...
Ready for Brexit?
February 9th, 2015
ING’s economist James Knightley analysed the potential effects on the UK economy of holding a referendum on exiting the European Union (Brexit). Real risk that the UK leaves the EU The UK’s future relationship with Europe will be a ...
