Eurozone
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May 29, 2012 at 01:46 | Source: Economic Times
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Eurozone flash PMIs for the month of May are out Thursday morning. It’s got us thinking about how the eurozone PMI should be interpreted, but more on that later. First, the highlights: Flash Eurozone PMI Composite Output Index at 45.9 (46.7 in ...
May 24, 2012 at 11:33 | Source: Financial Times
While the eurozone makes headlines with its travails, the worst impact of the crisis is far away from Europe – in the world’s poorest countries. So says Lars Thunnel, the chief executive of the International Finance Corporation, the World ...
May 28, 2012 at 08:50 | Source: Financial Times
A special EU summit marking the debut of France's President François Hollande saw him challenge Germany's chancellor, Angela Merkel, on the euro, arguing that the pooling of eurozone debt liability – eurobonds – had to be retained as an ...
May 23, 2012 at 19:33 | Source: The Guardian
The ties that bind the eurozone’s tottering banking system to its weakest governments are growing ever-tighter. The region would clearly be better off if its banks owned no government debt. But the banks are the biggest owners of government debt, and ...
May 28, 2012 at 19:13 | Source: Financial Times
London property sales boosted the average house price in May, but most regions outside the capital and the South East have seen prices remain static as eurozone fears loom. According to Hometrack’s monthly national housing survey, house prices ...
May 28, 2012 at 07:39 | Source: Citywire.co.uk
BRUSSELS, May 24 (UPI) -- European market analysts are calling it both ways on an exit of Greece from the 17-member eurozone, as the drama of economic woes deepens on the continent. "I don't think there's an imminent Armageddon. So the euro ...
May 24, 2012 at 12:30 | Source: United Press International
As I mentioned a couple of weeks ago, the biggest short-term risk to the stability and cohesion of the eurozone is that banks in the financially stretched southern European countries run short of cash, as their depositors and creditors withdraw ...
May 28, 2012 at 08:58 | Source: BBC News
PARIS (AP) -- The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to keep the slowdown ...
May 28, 2012 at 14:27 | Source: Yahoo Finance
Germany's central bank borrowed €4.5 billion ($5.7 billion) today. The interest demanded by lenders in return? Nothing, a measure of the panic in the rest of the eurozone. “That’s a very good result for us,” said a spokesman of Germany ...
May 23, 2012 at 17:32 | Source: The Christian Science Monitor
LONDON (Reuters) - Germany keeps reaffirming its long-standing opposition to shared euro zone bonds but analysts say the region is already headed towards implicit mutual responsibility for national debts and Berlin will come under increasing ...
May 28, 2012 at 15:38 | Source: Chicago Tribune