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The dark clouds hanging over Europe and the absence of fresh leads are expected to keep investors sidelined this week.
The dark clouds hanging over Europe and the absence of fresh leads are expected to keep investors sidelined this week.
Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe’s economy remains after an eviscerating austerity regime that has spawned unemployment, desperation and misery.
Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe’s economy remains after an eviscerating austerity regime that has spawned unemployment, desperation and misery.
Philippine share prices slipped yesterday after discouraging US economic reports unnerved investors already worried about the stability of the 17-country euro currency union.
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Local financial markets took a beating yesterday as investors shunned risk amid deepening concerns over Europe’s fiscal heath and the worsening territorial rift between the Philippines and China over the Panatag (Scarborough) …
Local financial markets took a beating yesterday as investors shunned risk amid deepening concerns over Europe’s fiscal heath and the worsening territorial rift between the Philippines and China over the Panatag (Scarborough) …
The European Union statistics agency, Eurostat, announced today that growth in the eurozone was zero percent in the first quarter of 2012, helped by Germany’s better than expected economic performance.
Expanding at 0.5 percent for the same period, Germany helped the euro area avoid its second recession in three years, cementing hopes that Europe’s largest economy can underpin the eurozone.
On the back of strong export growth in Germany, the 17-nation eurozone currency bloc has managed to narrowly avoid recession in the first three months of the year.
<p>On the back of strong export growth in Germany, the 17-nation eurozone currency bloc has managed to narrowly avoid recession in the first three months of the year. </p>
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