Search Results for: euro zone
Low oil prices and supportive policy to drive recovery in Eurozone
March 12th, 2015
After a year of tentative recovery in 2014, the Eurozone has moved into 2015 aided by two important growth drivers – sharply lower oil prices and QE according to the March 2015 issue of the EY Eurozone Forecast (EEF). ...
It’s Germany vs. Greece, And The Very Survival Of The Eurozone Is At Stake
February 20th, 2015
Is this the beginning of the end for the eurozone? On Thursday, Germany rejected a Greek request for a six-month loan extension. The Germans insisted that the Greek proposal did not require the Greeks to adhere to the austerity ...
Greece to try for loan extension from eurozone
February 18th, 2015
Request sees bailout terms being set aside Greece is set to submit Wednesday to the Eurogroup a request for a six-month extension to its loan agreement with its creditors, sources close to the negotiations between Athens and the eurozone ...
Greece and eurozone fail to agree on way forward, will meet again on Monday
February 12th, 2015
Wednesday’s Eurogroup ended without agreement between Greece and its eurozone partners but also without a joint statement on how to move forward. “We explored a number of issues, one of which was the current program,” Eurogroup president Jeroen Dijsselbloem ...
Radical Leftists Win Election In Greece – Future Of Eurozone In Serious Jeopardy
January 26th, 2015
Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase. Syriza, which is actually an acronym for “Coalition of the Radical Left” in Greek, has ...
ECB President Draghi says that the Eurozone Is Facing ‘A Long Period Of Weakness’
January 2nd, 2015
The eurozone faces a growing risk of unstable prices, the head of the European Central Bank said in an interview published Friday, at a time when concerns are mounting the bloc could slip into deflation. “The risk that we ...
Eurozone business activity grew at a slightly faster rate in December
December 16th, 2014
Eurozone business activity grew at a slightly faster rate in December, but the pace of expansion was still one of the weakest seen over the past year. The Markit Eurozone PMI (purchasing managers’ index) rose from November’s 16-month low ...
ECB could pump €1tn into eurozone in fresh round of quantitative easing
November 7th, 2014
The European Central Bank is ready to pump up to €1tn (£782bn) of fresh stimulus into the flagging eurozone economy to ward off a dangerous deflationary spiral, Mario Draghi has signalled. Draghi, the ECB’s president, said on Thursday that ...
Eurozone fails to benefit from weak currency as oil price slides
October 20th, 2014
Pity the policy makers given the job of rescuing the eurozone from deflation. The unorthodox steps the European Central Bank has taken since June – including a programme of private-sector asset purchases – have caused a steep fall in ...
Rift opens among Eurozone leaders over Germany’s insistence on austerity
October 8th, 2014
With new signs of economic trouble emerging, what has been a guiding European economic principle for several years is facing open revolt. As Europe confronts new signs of economic trouble, national leaders, policy makers and economists are starting to ...
