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Results 1 - 10 of 35 for reuters

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  1. Business - Economy

    Bundesbank report on Greece raises pressure on Merkel

    Posted Aug 12th 2013, 01:36pm by Reuters

    ... Reuters in Berlin German opposition parties have accused Chancellor Angela Merkel of lying before elections next month about the risks of a new bailout for Greece, after a magazine reported the Bundesbank expects it will need more European aid in early next year. Der Spiegel quoted an internal document prepared by the German central bank as saying that Europe “will certainly ...

    http://www.scmp.com/business/economy/article/1296097/bundesbank-report-greece-raises-pressure-merkel
  2. Business - Economy

    Ireland passes IMF/EU bailout review

    Posted Jul 19th 2013, 11:59am by Reuters

    ... across the bloc. “It is remarkable that a fiscal framework is still intact,” an EU official told Reuters, noting the significant deterioration in the euro zone economy since the Irish programme ...

    http://www.scmp.com/business/economy/article/1286065/ireland-passes-imfeu-bailout-review
  3. News - World - PORTUGAL

    Portugal president rejects ruling coalition reshuffle and ignites bailout 'time bomb'

    Posted Jul 13th 2013, 12:00am by Reuters

    ... Cavaco Silva rejects coalition reshuffle and calls on Socialists to help bolster austerity drive Portugal's president has thrown the bailed-out euro zone country into disarray after rejecting a plan to heal a rift in the current government. He instea ...

    http://www.scmp.com/news/world/article/1281363/portugal-president-rejects-ruling-coalition-reshuffle-and-ignites-bailout
  4. Business - Economy

    Portugal president wants 'salvation' deal, including opposition

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

    ... President Anibal Cavaco Silva proposed an urgent cross-party agreement between the ruling coalition and opposition Socialists on Wednesday to ensure Portugal can complete adjustments under a bailout by June next year before holding early elections. Cavaco ...

    http://www.scmp.com/business/economy/article/1280227/portugal-president-wants-salvation-deal-including-opposition
  5. Business - Economy

    France plans stake sales to fund public investment

    Posted Jul 10th 2013, 11:08am by Reuters

    ... France will use further sales of state shares in firms to help finance a new 12 billion euro (HK$119.5 billion) public investment drive, Prime Minister Jean-Marc Ayrault said. With the economy struggling to eke out growth, Ayrault’s government is eager to ...

    http://www.scmp.com/business/economy/article/1279417/france-plans-stake-sales-fund-public-investment
  6. Business - Economy

    IMF says ’imperative’ for euro zone to revive growth

    Posted Jul 09th 2013, 10:42am by Reuters

    ... The euro zone must take coordinated action to revive economic growth, the International Monetary Fund (IMF) said in a strongly worded statement that cited the need to repair bank balance sheets, advance a banking union and support demand. “Growth remains ...

    http://www.scmp.com/business/economy/article/1278613/imf-says-imperative-euro-zone-revive-growth
  7. Business - Economy - GREECE

    Euro zone grants multi-billion euro lifeline for Greece

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

    ... 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 it must keep its promises on cutting public sector jobs and other ref ...

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

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

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

    ... And with smaller economies it’s hard to service large old debts. Italy and Portugal are very similar in that respect,” he said. Reuters ...

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

    Portugal, Greece risk reawakening euro zone beast

    Posted Jul 04th 2013, 03:01pm by Reuters

    ... A teetering Portuguese government has underlined the threat that the euro zone debt crisis, in hibernation for almost a year, may be about to reawaken. From Greece to Cyprus, Slovenia to Spain and Italy, and now most pressingly Portugal, where the finance ...

    http://www.scmp.com/business/economy/article/1275300/portugal-greece-risk-reawakening-euro-zone-beast
  10. Business - Economy

    Standard & Poor's upgrades Cyprus

    Posted Jul 04th 2013, 02:56pm by Reuters

    ... Standard & Poor’s has upgraded the sovereign foreign credit rating on Cyprus to CCC-plus from selective default following completion of an exchange of bonds the credit rating agency deemed distressed. Cyprus undertook a 1 billion euros (HK$10.1 billio ...

    http://www.scmp.com/business/economy/article/1275299/standard-poors-upgrades-cyprus

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