S&P lowers Greece outlook to negative

S&P lowers Greece outlook to negative

By Anna Domanska - Aug 09, 2012

Standard & Poor’s, the rating agency, revised Greece’s outlook to negative on concern that deteriorating economy raised the possibility that the nation will need more fina

Read More
Spain Downfall Strengthens Fears on Debt Crisis

Spain Downfall Strengthens Fears on Debt Crisis

By Christy Gren - Apr 27, 2012

The economic problems of Spain were put in strong relief after figures showed that unemployment is near 25 percent Friday.The figures showed that unemployment has spiked to 24.4 pe

Read More
German Leaders Agree To Raise More Bailout Money

German Leaders Agree To Raise More Bailout Money

By Richard Meryn - Mar 27, 2012

A real big step was taken by the European Union Monday en route for structuring a strong financial firewall to prevent the spread of fiscal infectivity to major economies like Spai

Read More
Greek Debt Talks Hit Obstacles

Greek Debt Talks Hit Obstacles

By Dhwani Shah - Jan 23, 2012

All the 27 European leaders will also prepare the final sketch of another treaty that will look after sharply tightening fiscal discipline in the euro zone, called the fiscal compa

Read More
Eurozone Debt Crisis Expected to Continue Through the First Half of 2012

Eurozone Debt Crisis Expected to Continue Through the First Half of 2012

By Dhwani Shah - Jan 02, 2012

Even as the economic depiction in the United States has brightened up recently with more positive employment figures, Europe remains held up in a slump. Most economists are estimat

Read More
Wall Street responds positively after a sharp increase in European stocks

Wall Street responds positively after a sharp increase in European stocks

By Jay Raol - Oct 21, 2011

After the European markets closing sharply high, the investors hope that the European Leaders will come to an agreement on a package with measures addressing the entire region’s

Read More