Despite Germany retaining a stable outlook with credit agencies Standard & Poor and Fitch Ratings,...
Yearly Archives: 2012
Euro plummets as Spain edges closer to the brink
The Single currency has posted record losses against a basket of currencies after fears grow...
1 million Spanish take to the streets in violent protests against austerity
Spanish police are reported to have opened fire on protesters with rubber bullets after violent...
Sterling hits a new Three and a half year high against the Euro!
The Pound has struck a new 3 ½ year high against the Euro this afternoon...
Bond Sale – Everything Must Go
Even after Prime Minister Mariano Rajoy announced a 65 billion euro austerity plan to supplement...
‘The €11.5bn is not an issue [to be solved] tomorrow.’ Or the day after… Or the day after that…
After yet more debate it appears that discussions on how Greece intends to reach their...
The Euro and Pound drop as Merkel warns the Euro project is at ‘risk of failure’
The Euro has weakened once more after the German chancellor Angela Merkel warned that the...
Poverty and Unemployment – the Harsh reality of life in the Euro-Zone
In an attempt to tackle Italy’s whopping 1.9 trillion euro national debt Mario Monti’s government...
