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 | Leave a comment

Groupon aims to raise $540m on public stock market

Groupon has finally set a price tag on its public offering valuing its total worth at £7.2bn making it the largest social media debut on the public stock market since LinkedIn debuted back in May of this year. A prospectus … Continue reading

Posted in International Business | Tagged 3m, 750m, Business, credit suisse, debt crisis, goldman sachs, grabs, internet coupon, morgan stanley, nasdaq, price tag, profits, prospectus, public offering, public stock, quarter growth, securities commission, share prices, Stock Market, Technology, three months, underwriters, US | Leave a comment

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 | Leave a comment

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 | Leave a comment