Search Results for: European economics
Sweden’s competition watchdog opposes a proposed tax on financial services companies
February 6th, 2017
Sweden’s competition watchdog has come out against a proposed tax on financial services companies, saying it would hit their ability to compete internationally and skew the domestic market. The opinion, published on the watchdog’s website, was sent to the ...
Grexit is back? Greece faces critical few weeks
February 6th, 2017
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the country long at the centre of Europe’s debt woes is ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
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 ...
Pound Sterling Predicted to Recover Against Euro, Dollar
January 23rd, 2017
The British Pound is expected to stay above its recent lows against the Euro and Dollar going forward as the currency has absorbed its fair share of Brexit-inspired negativity. The Pound trades well below where it should if the ...
Drifting into fascism
December 30th, 2016
Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because ...
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 ...
Dollar up on higher yields, euro hit by ECB’s ‘less for longer’ decision
December 9th, 2016
The dollar rose broadly on Friday as U.S. bond yields rose, while the euro sank after the European Central Bank’s decision to extend its debt-buying program even as it cut the size of its purchases disappointed currency bulls. The ...
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 ...
What Else Can Central Banks Do?
October 28th, 2016
Central banks all over the world took dramatic actions during the Great Recession and its aftermath. For example, the US Federal Reserve took the “federal funds” interest rate down to near-zero in December 2008 and left it there until ...
