Search Results for: Portugal
What investors need to know and why a Grexit may not matter
June 22nd, 2015
After enjoying a seemingly unstoppable rise since the beginning of 2015, Europe now seems to be in the headlines for all the wrong reasons. With the Greek tragedy lurching from one ‘deadline’ to the next, an exit of the ...
What Happens If Greece Defaults On IMF, ECB And Leaves The Eurozone?
June 18th, 2015
Time is running out–yet again–for Greece. The most heavily indebted country in the Eurozone is headed for a showdown with its creditors that may result in a default on its debt, and possibly in its leaving the euro. The ...
Fast Facts about the Debt Crisis in European Countries
June 11th, 2015
Here’s a look at the European Debt Crisis which has affected the countries of Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus: July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys the ...
What will happen if Greece leave the Euro?
June 11th, 2015
Will Greece leave the euro? Surely not. Europe must muddle through. There will be a deal and both sides will claim victory and clasped hands will be raised. Everyone knows there will be no Grexit, only more grandstanding for ...
Germany, France Targeted as EU Chases Tax-Loophole Data
June 9th, 2015
The European Union stepped up a probe into tax loopholes for multinational companies, demanding details of specific agreements in 15 nations including euro-area heavyweights Germany, France and Italy. Regulators also issued an ultimatum to Poland and Estonia for failing ...
Euro area annual inflation up to 0.0%
April 30th, 2015
Euro area(1) annual inflation(2) is expected to be 0.0% in April 2015, up from -0.1% in March(3) , according to a flash estimate(4) from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
European Investment Bank rolls out the Investmet Plan for Europe
April 23rd, 2015
The first projects and transactions earmarked for benefitting from an EU budget guarantee under the European Fund for Strategic Investments (EFSI) have been approved by the Boards of the European Investment Bank (EIB) and the European Investment Fund (EIF) ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece
April 22nd, 2015
According to the Wall Street Journal, Greece staying in the eurozone is no longer “the base case” for European officials, and one even told the Journal that “literally nothing has been achieved” in negotiations with the new Greek government ...
Signs the market is girding for a Greek default
April 21st, 2015
If the financial market is a good predictor, you’d better brace for a Greek default. Borrowing costs on Greece’s government bonds have rallied back to levels not seen since 2012, the cost of insuring against a default has surged ...