Eurozone
Investment
Spain has announced plans to cut its budget by €27bn in 2012 as part of one of the toughest austerity drives in history.
30 March 2012
•
Europe
Ireland fell back into recession in the last quarter of 2011, according to official figures released on Thursday.
23 March 2012
•
Investment
Eurozone finance ministers could potentially raise the combined lending power of its bailout funds from €500bn to near €700bn.
16 March 2012
•
Economics
PIMCO's chief executive Mohamed El-Erian described Chancellor Merkel's decision to insist on fiscal reform as a ‘burden' to an already challenged political construct that is trying to restore order.
15 March 2012
•
Economics
Eurozone finance ministers have signed off a second bailout for Greece, paving the way for the first €130bn package this month that aims to finance the country until 2014.
13 March 2012
•
Investment
Greek bonds issued following Friday's €206bn debt exchange are trading at distressed levels, suggesting the deal has failed to reassure investors.
12 March 2012
•
