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Tag Archives: debt crisis
France and Germany to agree 2 trillion euro rescue package
France and Germany have come to an agreement before the weekend EU summit that allows the countries to boost the rescue fund of the Eurozone up to £1.75tn as part of a new plan to help calm the sovereign debt … Continue reading
Posted in European News
Tagged aa, banks, bond yields, Business, debt crisis, diplomats, dow jones, EU, eurozone, franco, gap, Germany, investors, market pressure, money, new deal, percentage point, sovereign debt, stock markets, summit
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FSA chief admits wrong about urging UK to join the Euro
Lord Turner, the Chairman of the Financial Services Authority, has publicly stated that he may have been wrong about pushing the UK to adopt the Euro stating that he did not predict the sovereign debts of the EU and the … Continue reading
Posted in Economic News
Tagged advocates, bank failures, brink, coordination, debt crisis, debts, decade, dissolution, economic policy, enlightenment, Euro, euro bank, eurozone, exchange rates, faults, financial services authority, living in the uk, nerve, productivity, single market, sovereign debt, UK
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Irish debt fears concern market shares
Euro and shares have fallen over concern that the Irish debt crisis may extend into other countries in Europe that have even larger budget deficits. The fear is that if Ireland can fall into debt, so can other surrounding economies … Continue reading
Posted in Economic News
Tagged angela merkel, asian countries, austerity, budget deficits, chancellor of germany, countries in europe, debt crisis, dow jones, dublin, economic crisis, Economy, european countries, european markets, fears, ftse 100, hostile situation, investments, market shares, midst, perilous state, south korea, UK
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