Search Results for: central banks
Greece crisis: Emergency summit called for Monday
June 19th, 2015
An emergency summit of leaders from eurozone nations will be held on Monday, after the latest attempt to resolve the Greek debt crisis failed. A meeting of finance ministers on Thursday made no breakthrough. Head of the Eurogroup, Jeroen ...
The Next Great European Financial Crisis Has Begun
June 18th, 2015
The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there is very little chance ...
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 ...
Danish Firm Set to Revolutionize Cryptocurrency Industry
June 17th, 2015
CCEDK.com, a leading Danish cryptocurrency exchange, has just demolished the final barriers to mainstream acceptance of cryptocurrencies. “We have combined the strengths of digital currencies pioneered by Bitcoin with the universal acceptance of major credit cards,” said CEO Ronny Boesing. “In the ...
Bitcoin surges as Grexit worries mount, posts best run in 18 months
June 17th, 2015
Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the ...
China’s stock market is now worth over $10 trillion
June 15th, 2015
$10 trillion! That’s how much money China’s stock market is worth right now. As of the end of May, the Shanghai Stock Exchange had a total market cap of $5.9 trillion while the Shenzhen Stock Exchange clocked in at $4.4 trillion, ...
European solidarity: The future of Europe and the euro depends on political leaders
June 15th, 2015
Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis? European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany ...
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 ...
Volante Technologies signs strategic partnership with Access to Arabia
June 8th, 2015
Designed to address the migration of Jordanian payments to new ISO 20022-based message standards Volante Technologies, a global leader in the provision of financial message and data integration, validation and processing software, today announced a strategic partnership with Access ...
Greek Stalemate Leaves Tsipras Face Final Creditor Offer
June 3rd, 2015
Greek Prime Minister Alexis Tsipras will be told the details of a final proposal from creditors to break a stalemate over a financial lifeline as his country runs out of options to avert a default. After European leaders and ...
