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  • April 18, 2014
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Results 1 - 10 of 40917 for euro zone crisis

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  1. Business - Economy - GREECE

    Euro zone grants multi-billion euro lifeline for Greece

    Posted Jul 08th 2013, 08:44pm by Reuters

    ... is split over how to meet the demands of its bailout programme, putting the country centre stage and threatening to reignite the euro zone debt crisis. But a week of talks, culminating in promises ... Athens to get staggered payments over course of the year Greece secured a 6.8 billion euro (US$8.7 billion) lifeline from the euro zone on Monday, officials told reporters, but was told ...

    http://www.scmp.com/news/world/article/1278087/greece-poised-fresh-aid-euro-zone-ministers-meet
  2. Business - Economy

    Euro zone 'coming out of crisis' amid accelerating growth, Eurogroup chief says

    Posted Jan 13th 2014, 11:51am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Eurogroup president Jeroen Dijsselbloem said the euro zone is “coming out of crisis” and the member countries are expected to grow an average 1 per cent ... of the European Stability Mechanism, also said at the same forum that the euro zone is "moving away from crisis". There have been significant fiscal consolidation and structural reforms ...

    http://www.scmp.com/business/economy/article/1404514/euro-zone-coming-out-crisis-amid-accelerating-growth-eurogroup
  3. Business - Banking & Finance - REFORMS

    Euro zone takes another shot at banking union

    Posted Mar 12th 2014, 01:26am by Reuters

    ... Reuters in Brussels Ministers go into a huddle to redouble efforts to avoid a delay in the centrepiece crisis reform Euro zone takes another shot at banking union European ministers haggled over how to build a safety net for failing banks yesterday, redoubling efforts to avoid an embarrassing delay to the euro zone's centrepiece crisis reform. The protracted talks over ...

    http://www.scmp.com/business/banking-finance/article/1446707/euro-zone-takes-another-shot-banking-union
  4. Business - Economy

    Euro zone loan slump puts onus on ECB to keep rates low

    Posted Aug 28th 2013, 11:48pm

    ... Reuters in Frankfurt Lending to the euro zone’s private sector contracted further in July, dragging on the euro zone’s nascent economic recovery and keeping up pressure on the European ... of the region-wide figure, which matched the lowest reading in a Reuters poll of economists, showed declines were generally steeper on the euro zone’s struggling periphery, adding to evidence ...

    http://www.scmp.com/business/economy/article/1300265/euro-zone-loan-slump-puts-onus-ecb-keep-rates-low
  5. News - World - EUROPE

    Fears over Greece haunt a recovering euro zone

    Posted Aug 24th 2013, 12:00am by GDN

    ... a recovering euro zone Dutch Finance Minister Jeroen Dijsselbloem has become the latest politician to concede Greece may need a third bailout, casting a shadow over news that euro-zone companies ... next month, were a reminder that the euro zone is still not out of the woods, despite an upbeat survey suggesting economic recovery in the 17-member bloc is gathering strength. The monthly ...

    http://www.scmp.com/news/world/article/1298973/fears-over-greece-haunt-recovering-euro-zone
  6. Business - Economy

    Spain slips out of recession as exports drive recovery

    Posted Oct 30th 2013, 06:24pm by AFP

    ... Agence France-Presse in Madrid Spain escaped from a two-year recession in the third quarter of this year with growth of 0.1 per cent, though unemployment remained extremely high, official data showed on Wednesday. Strengthening exports drove the recovery in the euro zone’s fourth-biggest economy despite weak internal demand, the National Statistics Institute said in a statement. ...

    http://www.scmp.com/business/economy/article/1343792/spain-slips-out-recession-exports-drive-recovery
  7. Business - Economy

    Portugal’s woes shine light on rest of euro zone periphery

    Posted Jul 04th 2013, 03:07pm by Reuters

    ... Budgetary rigour demanded by international lenders may be the proximate cause of Portugal’s political crisis, but Lisbon is also paying the price for not whipping its economy into shape ... 78 billion euro ($102 billion) bailout programme with the European Union and International Monetary Fund. Patrick Artus, chief economist with French bank Natixis fears Portugal is battling ...

    http://www.scmp.com/business/economy/article/1275305/portugals-woes-shine-light-rest-euro-zone-periphery
  8. Business - Economy - ECONOMY

    Hint of hope for euro zone as consumer sentiment improves

    Posted Jun 28th 2013, 12:00am by Bloomberg

    ... Economic confidence in the euro zone improved this month more than economists had forecast, adding to signs the 17-nation economy is starting to recover from the longest recession since ... "supports hopes that euro zone economic activity may have finally stopped contracting in the second quarter," said Howard Archer, chief economist for Britain and Europe at IHS Global Insight ...

    http://www.scmp.com/business/economy/article/1270614/hint-hope-euro-zone-consumer-sentiment-improves
  9. Business - Banking & Finance - ANALYSIS

    Euro fears choke cross-border bank lending

    Posted Jun 21st 2013, 02:54pm by Reuters

    ... ECB data shows the share of interbank funding that crosses borders within the euro zone down by a third, to just 22.5 per cent in April from 34.5 per cent in early 2008 Euro zone banks ... zone dropped by a third, to just 22.5 per cent in April from 34.5 per cent at the beginning of 2008. Banks are now lending to other banks across euro zone borders at only about the same rate ...

    http://www.scmp.com/business/banking-finance/article/1265787/euro-fears-choke-cross-border-bank-lending
  10. News - World - EURO ZONE

    Euro zone unemployment hits record 12.2pc

    Posted May 31st 2013, 06:44pm by AP

    ... the euro zone is in its longest recession since the euro was launched in 1999. The six quarters of economic decline is longer even than the recession that followed the financial crisis of 2008, ... Another 95,000 people joined the ranks of the unemployed, taking the total to 19.38 million. At this pace, unemployment in the euro zone could breach the 20 million mark this year. The figures, ...

    http://www.scmp.com/news/world/article/1250668/euro-zone-unemployment-hits-record-122pc

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