Search Results for: eurozone
Court upholds British challenge to ECB policy on clearing houses
March 4th, 2015
The European Union’s second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector. Lawyers ...
Athens preparing reform proposals for Eurogroup
March 4th, 2015
A collection of reform proposals are being put together by the government so Finance Minister Yanis Varoufakis can present them at Monday’s Eurogroup, with Athens hoping that this will help it secure part of the remaining 7.2 billion euros ...
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
Greek government searches for funds amid fresh speculation about third bailout
March 3rd, 2015
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputies and other officials to discuss ways of covering the country’s ...
Results of the Poll Vote: Do you think ‘Grexit’ is possible?
March 2nd, 2015
On February 28 closed the Poll on www.onestopbrokers.com where you have shared your opinion about a question and in fact a great concern of European Union about “Grexit” Please find below the results: Poll: Do you think ‘Grexit’ is ...
Varoufakis says funding problem lies ahead
February 26th, 2015
Finance Minister Yanis Varoufakis admitted on Wednesday that Greece may face difficulties in finding the money to pay its obligations to the International Monetary Fund and the European Central Bank over the next few months. Greece has to repay ...
FTSE at a record high
February 25th, 2015
The UK’s blue chip index finally pushes past a peak that it last reached during the dot com bubble in 1999. It’s taken more than 15 years, but the FTSE 100 rose to a record high yesterday, finally beating ...
Greece reform plans receive positive response
February 24th, 2015
Greece has received a positive response to its economic reform proposals presented to eurozone officials. The plans were promised under the deal to secure a four-month bailout extension. The head of the eurogroup Jeroen Dijsselbloem said the new Greek government is serious about its ...
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
Greece submits proposed reforms in bid for loan extension
February 24th, 2015
Greece has submitted a list of reform proposals to its bailout creditors, the European Commission says. The list was received “on time” before a Monday deadline, a spokesman tweeted. The measures include combating tax evasion and tackling the smuggling ...
