Posts Tagged: business
MOODY’S SLASHES ITALY BY 2 NOTCHES
Moody’s just downgraded Italy’s govenment bond rating to Baa2 from A3, a two notch downgrade. And the outlook remains negative. They gave two reasons for the move: “Italy is more likely to experience a further sharp increase in its funding costs or
MOODY’S SLASHES ITALY BY 2 NOTCHES
Moody’s just downgraded Italy’s govenment bond rating to Baa2 from A3, a two notch downgrade. And the outlook remains negative. They gave two reasons for the move: “Italy is more likely to experience a further sharp increase in its funding costs or
Paul Krugman: The Euro Crisis Will End With Something ‘Impossible’ Happening
In an exclusive interview, Paul Krugman — who just published a new book titled End This Depression Now! — tells us how the Euro crisis will end. He basically sees two possible outcomes, both of which are “impossible.” One possibility is that
Paul Krugman: The Euro Crisis Will End With Something ‘Impossible’ Happening
In an exclusive interview, Paul Krugman — who just published a new book titled End This Depression Now! — tells us how the Euro crisis will end. He basically sees two possible outcomes, both of which are “impossible.” One possibility is that
Coalition leaders agree to bring forward bailout renegotiation
Fotis Kouvelis is seen leaving the Maximos Mansion following a meeting with coalition partners Antonis Samaras and Evangelos Venizelos. The leaders of the three parties that form Greece’s coalition government agreed Wednesday to speed up the process by which Athens
Coalition leaders agree to bring forward bailout renegotiation
Fotis Kouvelis is seen leaving the Maximos Mansion following a meeting with coalition partners Antonis Samaras and Evangelos Venizelos. The leaders of the three parties that form Greece’s coalition government agreed Wednesday to speed up the process by which Athens
Italy Faces ‘War’ in Economic Revamp, Monti Warns
Prime Minister Mario Monti said Italy faced a “war” at home and abroad as his government pushes to revamp the euro-zone‘s third-biggest economy and extricate it from the region’s debt crisis. The premiere’s remarks at a banking conference in Rome
Italy Faces ‘War’ in Economic Revamp, Monti Warns
Prime Minister Mario Monti said Italy faced a “war” at home and abroad as his government pushes to revamp the euro-zone‘s third-biggest economy and extricate it from the region’s debt crisis. The premiere’s remarks at a banking conference in Rome
Portugal’s Leader Won’t Soften Austerity
Portuguese Prime Minister Pedro Passos Coelho vowed to push ahead with the government‘s plan to revamp the small country‘s economy despite calls from opposition lawmakers to renegotiate terms of its €78 billion ($97 billion) bailout. “The big objectives that the
Portugal’s Leader Won’t Soften Austerity
Portuguese Prime Minister Pedro Passos Coelho vowed to push ahead with the government‘s plan to revamp the small country‘s economy despite calls from opposition lawmakers to renegotiate terms of its €78 billion ($97 billion) bailout. “The big objectives that the
Madrid Austerity Plan Boosted to $80 Billion
Associated Press A demonstrator bleeds during a coal miners‘ march on Wednesday to the Ministry of Industry building in Madrid to protest huge cuts in subsidies. Miners walked nearly three weeks from their pits to the capital. MADRID—Spanish Prime Minister
Madrid Austerity Plan Boosted to $80 Billion
Associated Press A demonstrator bleeds during a coal miners‘ march on Wednesday to the Ministry of Industry building in Madrid to protest huge cuts in subsidies. Miners walked nearly three weeks from their pits to the capital. MADRID—Spanish Prime Minister
Sunny Business Germans Cough Up for Solar Subsidies
It is already known the intention of Germany to shut down all nuclear reactors after the recent accident in Japan due to the tsunami created there. It is also known thatinvestments in renewables sources of energy involve a huge amount
Sunny Business Germans Cough Up for Solar Subsidies
It is already known the intention of Germany to shut down all nuclear reactors after the recent accident in Japan due to the tsunami created there. It is also known thatinvestments in renewables sources of energy involve a huge amount
Fear and Uncertainty’ The Euro Endangers German Economy
The common currency union was supposed to benefit the economy of the entire European Union. Now that the euro is struggling, however, it is bringing growth down with it. Germany‘s economy, once seemingly immune to the crisis, is now facing
Fear and Uncertainty’ The Euro Endangers German Economy
The common currency union was supposed to benefit the economy of the entire European Union. Now that the euro is struggling, however, it is bringing growth down with it. Germany‘s economy, once seemingly immune to the crisis, is now facing
DAVID ZERVOS: Europe Has Delivered A ‘Game Changer’ And Germany Has Lost
Bloomberg TV Jefferies’ David Zervos is out with his take onlast night’s European bank bailout.Remember, the gist is that the European bailout mechanisms will be able to recapitalize banks directly with little need for government oversight. His title says it
DAVID ZERVOS: Europe Has Delivered A ‘Game Changer’ And Germany Has Lost
Bloomberg TV Jefferies’ David Zervos is out with his take onlast night’s European bank bailout.Remember, the gist is that the European bailout mechanisms will be able to recapitalize banks directly with little need for government oversight. His title says it
This One image Explains Why Markets Are Loving What Happened In Europe
Here’s a screenshot from German magazine Der Spiegel… Der Spiegel It basically tells you everything you need to know. There’s the “Spain and Italy getting their way” angle which implies that Germany didn’t get its way. The fact that this is
This One image Explains Why Markets Are Loving What Happened In Europe
Here’s a screenshot from German magazine Der Spiegel… Der Spiegel It basically tells you everything you need to know. There’s the “Spain and Italy getting their way” angle which implies that Germany didn’t get its way. The fact that this is
A different perspective 