Search Results for: eurozone economy
How America’s new president will affect the global economy
November 10th, 2016
From trade war with China to jobs turmoil in Mexico, Trump’s reign will pose new threats to already fragile world economy Donald Trump’s victory in the US presidential elections will have implications for the whole global economy. Mexico America’s ...
Eurozone economic recovery picking up despite Brexit, PMIs show
August 23rd, 2016
The eurozone’s economic recovery gained speed in August, according to surveys of purchasing managers that provide fresh evidence of the currency area’s resilience in the wake of the U.K.’s decision to leave the European Union. In advance of the ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Eurozone at risk of suffering lasting economic damage: Draghi
June 9th, 2016
Europe is at risk of suffering lasting economic damage from weak productivity and low growth, the European Central Bank’s president warned on Thursday, underscoring his argument that monetary policy alone cannot end the bloc’s economic malady. The ECB has ...
Eurozone economic activity ticks up after sharp fall: survey
April 6th, 2016
Eurozone private sector business activity ticked up in March after a sharp fall in February, a closely watched survey showed Tuesday, but the outlook remains clouded. Data monitoring company Markit said its March Composite Purchasing Managers Index (PMI) inched ...
How was the business activity in Eurozone the first three months of 2016
March 24th, 2016
Euro zone businesses end first quarter on brighter note March flash euro zone composite PMI 53.7 * Composite PMI above all forecasts in Reuters poll * Firms cut prices again this month * German surveys show sentiment improved in ...
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
March 3rd, 2016
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled “Close to the edge” said the recession would unleash a ...
Bank of England: Oil price fall ‘good for UK economy’
February 5th, 2016
The fall in oil prices has been a “net good” for the economy, Bank of England deputy governor Ben Broadbent has said. He told BBC Radio 5live’s Wake Up To Money that falling oil prices had helped to push ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
5 Ways The Paris Attacks Could Hit Europe’s Economy
November 16th, 2015
The consequences could be far-reaching–and not just negative. It is, of course, far too early to do anything more than speculate. But common sense says that there must be consequences for business and for the European economy from the ...
