Even though the euro zone is officially out of the recession, concerns over debt are growing. The tip of the iceberg is Greece, whose credit rating was recently downgraded after its deficit ballooned to four times the E.U. limit. Daljit Dhaliwal interviews Rana Foroohar about Europe’s financial ...
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greece’s credit rating was downgraded by all 3 major credit rating organizations. the euro as a possible result dropped 5% against the us dollar. but in reality the us economy isn't strong enough to justify that gain ... "us economy" "credit rating" europe "euro zone" greece "sp" fitch "gdp aaa" ...
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European Central Bank President Jean-Claude Trichet said Euro-zone interest rates are fine where they are, with the single-currency region’s economy showing signs of stabilization. Trichet spoke in Venice after the ECB's monthly rate-policy meeting.
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The latest readings on Germany’s IFO survey and the euro-zone purchasing manager's index could show a further gradual improvement in outlook. Results from fashion chain Hennes & Mauritz and Kesa Electricals will also be in focus.
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Reluctant borrowers are the main reason for lackluster credit growth in the euro zone, not overly restrictive banks, Gabriel Stein, director at Lombard Street Research, tells MarketWatch’s Bill Watts.
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This article starts off looking at Greece with their terrible budget deficit, but the UK is in a worse place, it’s just being hidden by New Labour and the Bank of England to get through the general election. Because of these idiotic lefty countries running up huge deficits instead of cutting the...
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The European Union economy is in trouble, but European Central Bank President Jean-Claude Trichet says he will not follow the U.S. Federal Reserve’s lead and refuses to cut interest rates close to zero. Dow Jones Newswires' Roman Kessler reports.
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Dutch European Affairs Minister Frans Timmermans tells MarketWatch’s Polya Lesova a rebound in global trade is key to helping the country's economy resist a deeper recession. (April 10)
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The European Union economy is in trouble, but European Central Bank President Jean-Claude Trichet says he will not follow the U.S. Federal Reserve’s lead and refuses to cut interest rates close to zero. Dow Jones Newswires' Roman Kessler reports.
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Video summary of the ALDE New Year Seminar on the Euro-Zone Event date: 09/01/07 14:30 to 18:30 Location: 3G3 (A. Spinelli), European Parliament, Brussels The ALDE New Year Seminar will focus this year on the Impacts and perspectives of Europe's single currency. The Seminar will look at whether t...
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Eurozone dreads advent of major debt problems
