| EUROPE ECONOMY NEWS |
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| Fri 18 May 2012 |
Kiwi dollar keeps falling on Spain fears
NZ Herald | The New Zealand dollar fell amid concerns about the strength of Spain's banking system amid rumours of a run... |
Fitch downgrades Greece to just above default
NZ Herald | Fitch ratings has agency downgraded debt-crippled Greece deeper into junk territory, warning of a "probable"... |
Iran's parliament approves $462b budget as pressure grows
Gulf News | Tehran: Iran's parliament yesterday signed off on a $462 billion (Dh1.69 trillion) budget bill for the... |
Finance and politics: Two peas in a pod
Gulf News | Two interesting stories have emerged over the past week. And no, it is not the substantive losses incurred b... |
Rupee trades near record low over Europe concern
Gulf News | Mumbai: India's rupee was little changed, trading near a record low, after overseas investors increase... |
Recession, bank run talk: Spain's woes grow
Canberra Times | Spain's borrowing costs shot up at a bond auction on Thursday, after economic data confirmed the country is ... |
Spain slips back into recession on bank crisis; struggles to reduce budget deficit
The Times Of India Tweet MADRID: Spain's borrowing costs shot up at a bond auction on Thursday, after economic data confirmed the... |
Adrian Hamilton: Austerity or growth? It doesn't have to be one or the other
The Independent | No, it's not, not at any rate unless Europe's political leaders are determined to drive it that way. At 5 pe... |
Cameron urges action to resolve debt woes
Gulf News | London: British Prime Minister David Cameron yesterday urged Europe to sort out its currency crisis, c... |
Spain in recession as EU gears up for crisis talks
Indian Express | Spain tumbled into recession and European stock markets fell today as Greece installed a crisis government t... |
European disunion
Indian Express | Eurozone is primarily a political project. Can it be rescued from an economic dead-end? | The anxieties that... |
ECB stops lending to some Greek banks
NZ Herald | The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk as Pre... |
Spain Tries to Calm Fears About Ailing Lender
The New York Times | MADRID — A week after Spain seized control of Bankia, the government was forced to deny Thursday that ... |
Bloated Europeans urgently need to diet
The Australian | THE corpulent Mr Creosote of Monty Python fame, who over-ate and blew up in a classy French restaurant, hard... |
| Thu 17 May 2012 |
EURUSD Remains Below 1.27 After Moody’s Downgrades Spanish Banks
The Street | THE TAKEAWAY: Moody’s downgrades 16 Spanish banks > Announcement highlights scale of Spanish bankin... |
Austerity works in San Jose; but not without kicking and screaming
The Examiner | The Bible has an economic saying that "the borrower is a slave to the lender". Many cities, states and cou... |
Oil dips further below $93 on euro crisis concern
Herald Tribune | Oil prices edged further below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders mon... |
Natural gas prices drop on rising supplies
STL Today | Natural gas is no longer at decade lows, but the price remains sensitive to reports of any significant incre... |
CANADA STOCKS-TSX shrugs off U.S., Europe worries
Reuters | * TSX ends up 4.6 pts, or 0.04 pct, at 11,330.68 * Gold miners lead gains; financials fall * Weak U.S. data ... |
Oil falls slightly to end near $92 a barrel in New York on worries about Greece
Star Tribune | The price of oil fell Thursday as worries persisted about the future of Greece in the European Union and the... |
Oil: Natural gas prices drop on rising supplies
Tulsa World Natural gas is no longer at decade lows, but the price remains sensitive to reports of any significant increas... |
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