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Ukraine Should Have Seen The Russian Invasion Coming
Thursday, September 4, 2014 - 8:50am | 510Read More...Last weekend, Russian President Vladimir Putin reportedly told European Commission President Jose Manuel Barroso, “If I want to, I can take Kiev in two weeks.” It might be the first truthful statement Putin has made in months. At this point, there is almost no doubt that Russia is...
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2014 To Be A Year Of Change For The Eurozone
Thursday, January 2, 2014 - 8:52am | 303Read More...The euro started off 2014 on a bright note trading steadily at $1.3748 at 6:30 GMT on Thursday morning. The common currency has been lifted by eurozone policymakers' commitment to stabilizing the region and preventing another sovereign debt crisis. The new year will bring about many changes for...
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Barroso Suggests that a Policy Shift is on the Eurozone's Horizon
Tuesday, April 23, 2013 - 7:26am | 287Read More...The euro traded steadily at $1.30 on Tuesday morning as investors waited for the Spain's latest budget plan, set to be released later this week. The nation's Finance Minister Luis de Guindos said the plan for the next few years will be focused on economic growth rather than deficit reduction....
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Barroso Claims Euro is on the Upswing
Tuesday, January 8, 2013 - 8:29am | 275Read More...The euro gained momentum on Tuesday morning after beginning to rise on Monday afternoon. On Monday, the common currency was trading at 1.3127. Ahead of the European Central Bank meeting, many investors are speculating that the current interest rate will remain unchanged. Although the 17 country...
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EU's Barroso, Greek PM Samaras Speak After Meeting
Thursday, July 26, 2012 - 1:58pm | 390Read More...The Greek Prime Minister Antonis Samaras and Jose Manuel Barroso, the President of European Commission spoke after meeting in Athens today and acknowledged that Greece remains committed to staying in the euro, despite reports that Greece is on the verge of leaving the currency union. Wednesday,...
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Germany Shoots Down Latest Eurobond Proposal
Wednesday, November 23, 2011 - 9:43am | 643Read More...German Chancellor Angela Merkel on Wednesday resisted calls to introduce bonds issued jointly by all eurozone member states. The so-called eurobonds would likely drive down borrowing costs for troubled eurozone members like Greece, Italy and Spain but if that were to happen, logic dictates that...
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Why Europe Is Not Really Fixed
Thursday, October 27, 2011 - 11:15am | 1152Read More...Yesterday, it seemed as if all hope was lost in Europe, that the issues between the banks, Germany, France, and the ECB were too many to get a deal done. Then around 10 p.m. last night, the futures started to move higher, and we learned that Europe had reached an accord, at least for now. "The...
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How to Profit From Plans To Recapitalize Eurozone Banks
Thursday, October 6, 2011 - 7:18am | 600Read More...Banking stocks across Europe have been rising since European Commission President Jose Manuel Barroso said that the eurozone's leaders were considering recapitalizing the region's banks. Banking stocks had already been given a boost after German Chancellor Angela Merkel said that Europe needed to...
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Hungary Warns About Deficit
Thursday, June 3, 2010 - 5:18pm | 164Read More...The European Commission on Thursday urged Hungary to cut its budget deficit faster as the government warned that its 2010 fiscal deficit may reach almost twice the target agreed with lenders including the EU. The new center-right government has warned in recent weeks that the deficit could be much...
