Posted by Reuters: Business News on August 5, 2010
ATHENS (Reuters) – International inspectors on Thursday applauded Greece’s efforts to exit its debt crisis, granting a fresh 9 billion euro payment from an EU/IMF bailout scheme, but urged bolder reforms to turn the economy around.
Posted by Reuters: Business News on July 27, 2010
ZURICH/FRANKFURT (Reuters) – UBS flagged a return to client inflows by year-end as strong equities and currency trading gains helped it outdo Deutsche Bank and other rivals, which were hit hard by the European sovereign debt crisis.
Posted by Reuters: Business News on July 8, 2010
HONG KONG (Reuters) – The International Monetary Fund upgraded its 2010 global growth forecast on Thursday on the back of robust expansion in Asia and renewed U.S. private demand, but warned the euro area’s debt crisis posed a big risk to recovery.
Posted by Reuters: Business News on June 20, 2010
LONDON (Reuters) – Tensions in global financial markets stemming from the euro zone’s sovereign debt crisis appear to be easing, setting the stage for investors to dip back into risky assets in the second half of this year.
Posted by Reuters: Business News on June 15, 2010
LONDON (Reuters) – A recovery in stocks and the euro fizzled out on Tuesday after Moody’s downgraded Greece to junk status, reigniting anxiety about Europe’s debt crisis and causing a slight retreat from riskier assets.
Posted by Reuters: Business News on
HONG KONG (Reuters) – Asia’s stock market rally paused on Tuesday and the euro sputtered after five days of gains as it struggled to break through a resistance after a downgrade of Greece’s credit rating reminded investors that Europe’s debt crisis was not over.
Posted by Reuters: Business News on
NEW YORK/ATHENS (Reuters) – Moody’s cut Greece’s credit rating to junk status on Monday over risks to an EU/IMF bailout package, highlighting persisting doubts over the country’s ability to exit a severe debt crisis.
Posted by Reuters: Business News on June 13, 2010
NEW YORK (Reuters) – Stock investors will keep a close eye on Europe this week, looking for signs the debt crisis may be stabilizing, while industrial production, housing starts and inflation data may offer more clues on the U.S. economic outlook.
Posted by Reuters: Business News on
BRUSSELS (Reuters) – European Union leaders will make a new attempt this week to convince financial markets they can contain a debt crisis by agreeing how to tighten economic policy coordination and strengthen budget discipline.
Posted by Reuters: Business News on June 12, 2010
NEW YORK (Reuters) – U.S. stock investors will keep a close eye on Europe next week, looking for signs the debt crisis may be stabilizing, while industrial production, housing starts and inflation data may offer more clues on the U.S. economic outlook.
