Portugal, which has already introduced significant spending cuts and tax hikes in an attempt to...
Yearly Archives: 2013
Eurozone outlook worsens as all data points to deepening downturn
Weekly summary: Although the common currency has recovered some of the ground lost during the...
Eurozone suffers from sixth-straight quarter of contraction
The speedy decline of the Eurozone’s private sector accelerated in March according to the regions...
Euro rises from a 5-week low against the Yen as IMF reach Cyprus deal
The Euro has strengthened from a five-week low against the Japanese Yen after the International...
Eurozone unemployment sets another new record high; 19m people are out of work in Europe
Unemployment across the Eurozone hit a new record high of 12% in February after rising...
Cypriots remain calm as banks re-open
Cypriot banks have reopened after being closed for two-weeks following the EU-IMF bailout negotiations with...
Italy still can’t form a government
The anti-establishment 5-star movement has flatly rejected proposals from centre-left leader Pier Luigi Bersani to...
After crisis in Cyprus, Malta and Luxembourg could be next
As Cyprus battles to prevent a bank run and keep its people from unleashing their...