Posts Tagged: recession
Gov’t, troika in tug-of-war over layoffs
The insistence of Greece’s international creditors, the European Central Bank, European Commission and the IMF — known as the troika — on public sector layoffs is leading to a tug of war with the government, which is focusing on the
Gov’t, troika in tug-of-war over layoffs
The insistence of Greece’s international creditors, the European Central Bank, European Commission and the IMF — known as the troika — on public sector layoffs is leading to a tug of war with the government, which is focusing on the
Greek program needs redesigning, says PIMCO CEO
By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says
Greek program needs redesigning, says PIMCO CEO
By Tom Ellis Greece should take up the issue of separating the 50 billion euros that went toward recapitalizing the country’s banks from the country’s public debt with its European partners and the International Monetary Fund, says
Euro-Zone Shark Still Has Its Appetite
“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the
Euro-Zone Shark Still Has Its Appetite
“A shark has to constantly move forward or it dies. And I think what we got on our hands is a dead shark.” Woody Allen’s description of his failing relationship with Annie Hall is as apt when applied to the
Euro-Area Confidence Slumps, German Unemployment Rises
Economic confidence in the euro area slumped to the lowest in more than 2 1/2 years in June and German unemployment increased more than economists forecast, adding to signs the European economy fell into a recession. An index of executive
Euro-Area Confidence Slumps, German Unemployment Rises
Economic confidence in the euro area slumped to the lowest in more than 2 1/2 years in June and German unemployment increased more than economists forecast, adding to signs the European economy fell into a recession. An index of executive
FITCH: The Eurozone Is Entering The ‘Danger Zone’
Top Gun via YouTube Fitch is out with its Mid-Year Sovereign Review and Outlook report. Titled No Getting Away from the Eurozone Crisis, the report walks through recent developments in sovereign ratings and trends that have been followed closely by
FITCH: The Eurozone Is Entering The ‘Danger Zone’
Top Gun via YouTube Fitch is out with its Mid-Year Sovereign Review and Outlook report. Titled No Getting Away from the Eurozone Crisis, the report walks through recent developments in sovereign ratings and trends that have been followed closely by
Greece Asks Troika For Moon; Time Means Money
It will be interesting to see how long the coalition in Greece will last after Germany shoots down Bailout Easing Proposals by Greece to …. Cut the VAT Freeze layoffs Extend timeline to reduce its deficit by two years Recapitalize lenders Provide
Greece Asks Troika For Moon; Time Means Money
It will be interesting to see how long the coalition in Greece will last after Germany shoots down Bailout Easing Proposals by Greece to …. Cut the VAT Freeze layoffs Extend timeline to reduce its deficit by two years Recapitalize lenders Provide
MERKEL: Europe Will Never Share All Of Our Debts For ‘As Long As I Live’
This comment from Angela Merkel just now is causing ripples through markets… Luke Baker at Reuters tweeted Merkel: Europe wil not have shared liability for debt “as long as I live.” #euco That sounds really intense. In two follow up tweets he
MERKEL: Europe Will Never Share All Of Our Debts For ‘As Long As I Live’
This comment from Angela Merkel just now is causing ripples through markets… Luke Baker at Reuters tweeted Merkel: Europe wil not have shared liability for debt “as long as I live.” #euco That sounds really intense. In two follow up tweets he
12 Reasons Why The US Recession Has Already Arrived
US Manufacturing PMI Markit reports PMI signals weakest manufacturing expansion in 11 months Key points: PMI lowest since July 2011, suggesting slower rate of manufacturing expansion Rate of output growth broadly unchanged New orders rise at weakest pace in four months Input
12 Reasons Why The US Recession Has Already Arrived
US Manufacturing PMI Markit reports PMI signals weakest manufacturing expansion in 11 months Key points: PMI lowest since July 2011, suggesting slower rate of manufacturing expansion Rate of output growth broadly unchanged New orders rise at weakest pace in four months Input
Short of euros, Greeks barter
Time Bank. Patricipants of a time-exchange network stage a pic-nick for new members at an Athens park to indroduce an online exchange where members swap services, counting the cost not in euros, but in hours. More than
Short of euros, Greeks barter
Time Bank. Patricipants of a time-exchange network stage a pic-nick for new members at an Athens park to indroduce an online exchange where members swap services, counting the cost not in euros, but in hours. More than
Clouds Gather Over German Economy
Signs are growing that Germany’s economy will soon take a hit from the euro-zone debt crisis, an Ifo economist said Friday, after the Munich-based institute’s business confidence index fell to an over two-year low. “Until now Germany came quite good
Clouds Gather Over German Economy
Signs are growing that Germany’s economy will soon take a hit from the euro-zone debt crisis, an Ifo economist said Friday, after the Munich-based institute’s business confidence index fell to an over two-year low. “Until now Germany came quite good
A different perspective 