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  • November 26, 2014
  • Last updated: 10:09pm
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Results 61 - 70 of 1352 for euro-zone crisis

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  1. Business - Economy

    Euro zone joblessness at record high, inflation jumps

    Posted Jul 02nd 2013, 01:47am by Reuters

    ... Reuters in Brussels Euro zone unemployment is at a record high and consumer prices are being driven upward by volatile energy and food prices, data showed on Monday, underlining the fragility of the bloc’s economic health. Inflation in the 17-nation euro zone, which is suffering from its longest ever recession, increased to 1.6 per cent year-on-year in June from 1.4 per cent ...

  2. Business - Money

    Hong Kong stocks seen higher on China stimulus, easing Europe concern

    Posted Aug 22nd 2012, 08:08am by Jeanny Yu

    ... believe the European Central Bank is moving closer to tackling the euro zone crisis. The benchmark FTSE 100 index gained 0.57 per cent to close at 5,857.52.  In the US, the S&P 500 Index ... Spain paid sharply lower interest rates to raise 4.5 billion euro (US$5.54 billion) in a bond auction on Tuesday amid growing speculation that the crisis-stricken economy will agree ...

  3. Business - Economy - ANALYSIS

    Euro bailout Troika nears end of road with patchy record

    Posted Jun 11th 2013, 12:33pm by Reuters

    ... Asmussen told the European Parliament that once the current crisis is over, the Troika should be replaced by the euro zone rescue fund and the European Commission. But not now. Many independent ... but divorce seems unlikely. If the Troika that handles bailouts of distressed euro zone countries were a soccer team, it would probably be looking for a new manager after achieving a track record ...

  4. Business - Economy

    Portugal president wants 'salvation' deal, including opposition

    Posted Jul 11th 2013, 01:22pm by Reuters

    ... of the Eurogroup of euro zone finance ministers, warned Lisbon on Monday that more upheaval could upset its efforts to complete the bailout programme. Representatives of the troika of lenders- the EU, ... the 78-billion-euro (HK$775.4-billion) bailout by the European Union and IMF. Prime Minister Pedro Passos Coelho had proposed to promote Portas to become his deputy in a bid to end the crisis. The president’s ...

  5. Business - Banking & Finance

    Relaxing bank liquidity rules sparks hope for euro lending boost

    Posted Jan 09th 2013, 11:50am by AFP

    ... the amount of capital banks hold in order to be able to withstand losses is the other main Basel reform undertaken following the global financial crisis. Euro zone banks have largely shed assets-- ... Agence France-Presse in Paris The loosening of liquidity rules due to come into effect on banks raises hopes among some analysts to a recovery of lending the euro zone. The Basel Committee ...

  6. News - World - EUROPE

    Austerity will put 25m Europeans into poverty, says Oxfam

    Posted Sep 13th 2013, 12:00am by GDN

    ... public services such as health and education. The sovereign debt crisis in the eurozone has seen a series of countries, including Greece and Portugal, accept swingeing public spending cuts, mass ...

  7. Business - Economy

    Greece sees Monday deal on EU-IMF rescue funds

    Posted Jul 08th 2013, 12:22pm by AFP

    ... John Hadoulis in Athens Greece and its international creditors hope to reach a deal by Monday on reforms including thousands of job cuts needed for the debt-laden nation to unlock further aid worth 8.1 billion euros (HK$79.9 billion). “We have made substa ...

  8. Business - Economy - FINANCE

    Bank of Cyprus chairman quits post

    Posted Mar 27th 2013, 12:00am by AFP

    ... to oversee the downsizing of the island's largest lender as a condition of a euro zone bailout, reports said. This comes as thousands of students and hundreds of bank workers protested ... in the capital Nicosia against the bailout deal while security guards were stationed outside bank branches for the first time during the crisis. Additional reporting by Reuters ...

  9. Business - Economy

    Portugal finance minister resigns amid austerity fatigue

    Posted Jul 02nd 2013, 10:16am by Reuters

    ... the country’s debt crisis since the previous Socialist government collapsed in the spring of 2011 after it was forced to request the bailout. The centre-right Social Democrats have governed since ...

  10. Business - Economy

    ‘Dear Italy, I have left, but would return if...’

    Posted Jun 25th 2013, 11:43am by AFP

    ... The stories on his blog speak of a country stuck in a two-year recession, where anti-crisis austerity programmes have squeezed ordinary Italians hard, but they also denounce a deep-seated culture ... of the countries hardest hit by the debt crisis combined with a real estate crash, Spain narrowly held on to avoid a full-scale bailout last year. Its youth unemployment rate comes in at 56.4 per cent, ...




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