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LONDON (Reuters) - The opening last week in northeastern Spain of a 37-million-euro stretch of motorway to nowhere is an irresistible metaphor for the euro, an ambitious project conceived in better times that is now seemingly running out of road.
May 28, 2012 at 15:38 | Source: Reuters
With the dollar at a four-month high against the euro, this summer would seem the time to take that European vacation. The dollar on Monday traded at $1.25 to a euro. The currency used by most of Western Europe has been in a nearly two-year ...
May 28, 2012 at 22:12 | Source: USA Today
Markets in the week ahead will again be pulled by every real or rumored development out of Europe, as investors await Friday’s U.S. employment report. The four-day week starts off slowly with markets closed on Memorial Day in the U.S. but by Thursday and ...
May 28, 2012 at 19:56 | Source: CNBC
Poland wasn’t greatly convinced by the tournament in the first place. The countries’ bid to host the event was the brainchild of a Ukrainian oligarch. With rundown infrastructure, unstable politics, and outside the European Union, Ukraine on ...
May 28, 2012 at 15:17 | Source: Wall Street Journal
The proposed new rules would cut funding for Hollywood films shooting in Europe and could make cross-border co-productions more difficult. COLOGNE, Germany - The heads of Europe's public film funding bodies have attacked proposed changes to European law ...
May 24, 2012 at 16:05 | Source: Hollywood Reporter
LONDON (MarketWatch) — European stock markets erased early gains Monday, as bank shares moved lower and pressure intensified on Spanish banks and the country’s government bonds. Stocks in Europe posted solid gains earlier in the session as ...
May 28, 2012 at 16:14 | Source: Marketwatch
Europe’s citizens are turning the tables on their ruling elites as austerity bites. In election after election, they send their governments packing and turn instead to fringe parties, some of which evoke the ghosts of Europe’s authoritarian ...
May 27, 2012 at 21:09 | Source: Bloomberg
The drop in China’s exports caused by Europe’s debt crisis may affect whether Moody’s Investors Service raises the nation’s sovereign debt rating, said Tom Byrne, a senior vice president at the company. Moody’s raised China’s foreign ...
May 28, 2012 at 10:31 | Source: Bloomberg
Markets in Emerging Europe (which we at Riedel Research define as everything from Poland south to Turkey and including Russia) have largely been ignored by U.S. investors other than occasional intrepid investing in Russia or perhaps a regional ...
May 25, 2012 at 16:04 | Source: Forbes
LONDON (Reuters) - In November 2010, rumors swirled through financial markets that Spanish bank BBVA (BBVA.MC) was suffering a run on its deposits. The share price fell before excitable traders realized they had made a mistake. In fact the bank ...
May 27, 2012 at 13:59 | Source: Reuters