Search Results for: eurozone
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 ...
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 ...
Top 5 overseas contracting hotspots of 2015
April 20th, 2015
Due to weaker economic global activity, 2014 proved to be a difficult year for some countries and contracting opportunities may have not registered the expected demand, writes Helene Truffa of Capital Consulting, an international tax and employment advisory. In ...
Deal appears distant amid deadlock in reform talks
April 17th, 2015
With negotiations between Greece and its creditors effectively deadlocked, a potential deal that could unlock crucially needed funding appeared more distant than ever on Thursday with doubts appearing about whether an agreement can be reached in time for a ...
Talks will determine ECB’s stance
April 16th, 2015
Frankfurt extends the limit on emergency liquidity assistance for local lenders by another 800 mln euros A few hours after the European Central Bank extended the limit on the cash available to local lenders by another 800 million euros, ...
Greece rolls over 3-month T-bills in successful auction
April 15th, 2015
Cash-strapped Greece sold 812.5 million euros ($859 million) of three-month Treasury bills on Wednesday, successfully covering the entire amount it sought to raise in the second of two auctions this month that tested its ability to find funds. Despite an increasingly ...
Greece confident of reaching agreement in make-or-break 24 April deadline
April 15th, 2015
Eurozone finance ministers to pass judgment next week on reform-for-cash deal that would unlock €7.2bn (£5.2bn) of financial assistance Greece has vigorously rebutted speculation that it will declare a debt default and plunge out of the eurozone if it fails ...
Dollar’s rising trend remains intact amid weak China
April 13th, 2015
The dollar keeps moving up amid signs of a lackluster outlook for major economies such as China and Japan. The dollar maintained its rising trend on Monday in Asia amid signs of a lackluster outlook for major economies such ...
Greece has six working days to present new reform proposals
April 9th, 2015
The Euro Working Group (EWG) of eurozone technical staff gave Greece on Wednesday night an ultimatum of six working days to present its proposals with a regard to a string of reforms that could unlock financial aid to the ...
Greece’s €459m debt payment to IMF due on Thursday
April 9th, 2015
Eurozone country is close to running out of cash and the ECB, the EU and the IMF have frozen further aid until they reach an agreement with its left-wing government Greece is due to make a €459m (£332m) loan repayment ...
