It is indeed ironic that it was the French Emperor, Napoleon, who once said “Never interrupt your enemy when he is making a mistake.” I wonder whether this thought was echoing in David Cameron’s head as he decided to use Britain’s veto?
Investment Week |
19 Dec 2011
The German central bank told me in no uncertain terms last week it was not printing Deutsche Marks, despite growing speculation - and a number of sources - pointing to the contrary.
Investment Week |
12 Dec 2011
Angela Merkel and Nicholas Sarkozy are set to meet today as political commentators warn Europe is entering the end game for the crisis, which must be resolved this week to save the euro.
Investment Week |
05 Dec 2011
The European Union's economic affairs commissioner has warned leaders they have just ten days to save the euro.
Investment Week |
01 Dec 2011
The Prime Minister David Cameron said the eurozone debt crisis presents an opportunity to reform the European Union and for powers to "ebb back" from Brussels to Westminster.
Investment Week |
15 Nov 2011
The European Union has slashed its 2012 growth forecast for the eurozone by 1.3% as the European Commissioner warns the risk of a new recession has increased.
Investment Week |
10 Nov 2011
Eurozone policymakers last week hammered out a solution to the sovereign debt crisis plaguing the region, but fund managers have highlighted five unknowns that may continue to worry the market.
Investment Week |
31 Oct 2011
Inflation across Europe remained at a three-year high in October despite the economic slowdown across the region.
Investment Week |
31 Oct 2011
EU politicians’ long-awaited agreement on eurozone crisis lifts markets worldwide but investors move to cash in view equity rally may not be sustainable
Investment Week |
31 Oct 2011
The compromise reached by EU leaders on the three key issues facing the eurozone, namely restructuring of Greek debt (with private investors being forced to take a 50% loss), leveraging the EFSF (European Financial Stability Facility) to €1trn, and bank recapitalisation of €108bn, is complex, and yes, details are lacking.
Investment Week |
31 Oct 2011
The 50% haircut on Greek debt agreed at the EU summit last week has called into question the future of credit default swaps (CDS)as a hedging tool for bondholders.
Investment Week |
31 Oct 2011
Syed Kamall, member of the European Parliament for London, said he is “not impressed” with the European Commission’s assessment of the impact of EU regulation on the UK.
Investment Week |
31 Oct 2011
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