Search Results for: euro zone
Asia shares rise before China data, more stimulus seen
May 13th, 2015
Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster the case for more stimulus in the world’s second-largest economy. ...
Asian shares rebound, sterling jumps on UK exit polls
May 8th, 2015
Asian shares rebounded from one-month lows on Friday, helped by signs global bond markets are stabilising after a big selloff, though investors were on guard ahead of U.S. jobs data and crunch talks between Greece and its creditors at the weekend. ...
Greece makes IMF payment but hopes of quick deal dashed
May 6th, 2015
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens must pay next week. Leftist Prime Minister Alexis Tsipras‘ government ...
Deal or no deal, Greece still faces bankruptcy
May 4th, 2015
Despite hopes that Greece and its lenders will come to some agreement in May, not everyone is convinced that a deal – which could unleash a last tranche of much-needed bailout aid — can resolve the country’s looming debt ...
Cyprus Central bank head says ready to act if Greece spills over
April 28th, 2015
Central bank governor says Cyprus and Greece decoupling Georghadji says Cyprus no longer at high risk from Greece Cyprus is ready to react to any spillover from the crisis in Greece, the governor of the island’s central bank said ...
Dollar on defensive after more weak U.S. economic data
April 27th, 2015
The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece‘s debt talks pressured the euro. ...
Central Banks decisions for the week Apri 13 – April 18
April 13th, 2015
This week (April 13 through April 18) central banks from seven countries or jurisdictions are scheduled to decide on monetary policy: Singapore, Indonesia, Poland, Canada, euro area, Namibia and Chile. Following table includes the name of ...
Greece tells creditors it will run out of cash on April 9
April 2nd, 2015
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said. The appeal ...
Greece, lenders, fail to unlock aid so far – officials
March 31st, 2015
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. Athens faces the prospect of running ...
Greece says not backing down on debt relief goal
March 30th, 2015
Greece has not given up on its aim to renegotiate its debt to render it manageable, the country’s deputy finance minister said on Monday as talks between Athens and its lenders on reforms to unlock aid continue. “The government has ...
