eurozone crisis

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  • Britain is booming? FTSE reaches 12-year high as record looms


    The Guardian - guardian.co.ukAuthority Authority: 986
    Index rises to levels last seen before dotcom bubble burst, fuelled by a relatively calm eurozone, QE, low interest rates and rising confidence in Japan Shares in London have reached levels last seen at the height of the dotcom boom nearly 13 years ago. At a close of 6,755 points, the FTSE 100 blue chip index ...
    3 days ago
  • Eurozone crisis live: Economic optimism drives markets higher


    The Guardian - guardian.co.ukAuthority Authority: 986
    DAX hits record highs and FTSE 100 reaches highest level since October 2007, but can it last? Graeme Wearden        
    4 days ago
  • Europe: the week ahead


    The Guardian - guardian.co.ukAuthority Authority: 986
    Tax avoidance, François Hollande and the French economy will all come under the spotlight this week in Brussels Tax dodgers will get an earful this week in Brussels. With public outrage soaring over the perceived failure to pay their dues by the likes of Amazon, Eric Schmidts Google and other squillion-dollar ...
    4 days ago
  • EU ridiculed for banning olive oil jugs from restaurants


    The Guardian - guardian.co.ukAuthority Authority: 986
    Move to ensure olive oil is served in non-refillable bottles condemned as weirdest decision since curvy cucumber ruling EU bureaucrats have been ridiculed for shifting their focus from fighting the eurozones debt crisis to impose strict rules on how restaurants serve olive oil. From 1 January eateries will be banned ...
    5 days ago
  • Sir Mervyn King: dont demonise bankers


    The Guardian - guardian.co.ukAuthority Authority: 986
    Outgoing Bank of England governor blames regulatory failure for banking crisis and not individuals The outgoing governor of the Bank of England has called on the British people not to "demonise" bankers for the financial crisis. Sir Mervyn King said on Sunday that the failings of the financial and regulatory system ...
    5 days ago
  • Two Nigels dont make a right on Europe | Michael White


    Authority Authority:
    Nigel Lawson and Nigel Farage anti-EU arguments are as muddied as the Scheldt harbour Michael Portillo and Boris-Come-Lately have joined Nigel Lawson in the Times newspapers campaign to persuade Britain to leave the EU and, in the process, quite possibly propel Mayor Johnson into No 10 and the acting-editor of the ...
    2 weeks ago
  • Shiny Happy People: The Future of Europe?


    Authority Authority:
    One of the most brilliantly provocative pieces that our CSO has recently come across is Financial Times doyen Simon Kuper’s  Smile if you’re European (3rd May 2013). Kuper convincingly posits that while the banner headlines concerning Europe pertain almost invariably these days to crisis and decline, the ...
    2 weeks ago
  • The RBA Wants You To Spend, But Will You?


    The Refined GeekAuthority Authority: 134
    I wrote a post just last month that laid out the reasons why the banks would probably not be dropping rates independently of the RBA, even though the current funding climate could allow them to do so. Indeed current interest rates are comparable to when we were in the depths of the Global Financial Crisis however ...
    2 weeks ago
  • Eurozone crisis live: France welcomes new approach to growth over austerity


    The Guardian - guardian.co.ukAuthority Authority: 986
    JOHN MACDOUGALL/AFP/Getty Images French Finance Minister Pierre Moscovici (R) takes leave of German Finance Minister Wolfgang Schaeuble at the end of a press conference at the finance ministry in Berlin on May 7, 2013, on the occasion of the 25th anniversary of the Franco-German Economic and Financial Council. ...
    2 weeks ago
  • David Cameron unleashes unexpected forces as Nigel Lawson calls for EU exit


    The Guardian - guardian.co.ukAuthority Authority: 986
    Prime minister aimed to undermine UKIP with EU referendum offer but has ended up with a mainstream Tory calling for exit David Cameron is probably the cleverest prime minister since Harold Wilson, the last holder of the post to offer the British people a referendum on Britains membership of what was then called the ...
    2 weeks ago
  • Youth unemployment in Europe – how is it affecting you?


    The Guardian - guardian.co.ukAuthority Authority: 986
    The number of unemployed young people is at record levels across Europe, rising to over 50% in some countries. Share your experiences, frustrations, tips or success stories of finding work where you live. Youth unemployment is one of the biggest problems facing the EU and it isnt showing any signs of letting up. As ...
    2 weeks ago
  • Economic Crisis in Eurozone Worsens


    Authority Authority:
    The latest economic forecast to emerge from the Eurozone’s  bureaucrats shows a deterioration within the monetary union. The Eurozone’s GDP, which officially shrank by 0.6 percent in 2012, is now forecast to contract by 0.4 percent in 2013, a 0.1 percent worsening of economic activity among the 17 countries ...
    2 weeks ago
  • Thousands turn out for Mayday protests across Spain


    Authority Authority:
    The demonstrations were largely peaceful across Spain
    3 weeks ago
  • Listen To Economic Reality From Ron Paul & Jim Rogers


    Authority Authority:
    Ron Paul (left) and Jim Rogers These are two men who have the financial experience and judgment to tell it like it is. If you are one of Obama’s “sheep” who have bought off on his horse manure for the last four years, then you should read this for a dose of reality: **** RON PAUL & JIM ROGERS: ...
    3 weeks ago
  • Merkel: France is Europe’s “Biggest Problem Child” (Not with a Bang but a Whimper, Part 2)


    Authority Authority:
    Previously, we have noted how the eurozone crisis is precipitating a stunning, unprecedented dissolution of national sovereignty. With socialist Francois Hollande having called for more "stimulus" in response to the continents austerity-driven, German-mandated depression, the French leader is in the crosshairs.
    3 weeks ago
  • “Too Big to Fail” (Uber Alles): The EMU and German Economic Imperialism


    Authority Authority:
    Pre-conceived German economic policies are bearing long-desired fruit. Unable to find work due to German-dictated "austerity," skilled workers from Greece and Spain are providing "labor battalions" for Germany. The devastating effects of that same "austerity" is making industrial concerns in Greece and Spain ripe ...
    3 weeks ago
  • The European dream is in dire need of a reality check | Simon Jenkins


    Authority Authority:
    The EU has lost the support of two thirds of its citizens, yet its leaders wont wake up. Its time for a sceptics vision of Europe Voter trust in the EU falls to record low. So proclaimed the front page of todays Guardian. In every one of the big European states, trust has gone into "a vertiginous decline". Five ...
    4 weeks ago
  • Unilever stumbles on eurozone woes


    The Guardian - guardian.co.ukAuthority Authority: 986
    Marmite maker unveils weaker-than-expected Q1 figures as consumer confidence continues to dip across continent The Dove soap and Marmite maker has warned of faltering consumer confidence in Europe after reporting weaker-than-expected first-quarter numbers. Sales at Unilever fell 3.1% amid eurozone woes, with trading ...
    4 weeks ago
  • Spain unemployment soars to record high


    The Guardian - guardian.co.ukAuthority Authority: 986
    Some 27% of workforce unemployed, with total exceeding 6 million for first time in recent years as budget cuts loom Spains sorry tale of soaring joblessness has reached fresh heights over the first three months of the year with a record 27% of the workforce unemployed. The figure passed 6 million for the first time ...
    4 weeks ago
  • Spanish unemployment soars to record high


    Authority Authority:
    The number of jobless Spaniards has topped the six million mark
    4 weeks ago

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