Tag Archives: eurozone

Eurozone Economy Growth Unexpectedly Stalls

A number of business surveys conducted throughout the Eurozone have shown that business activity has unexpectedly tapered off. This came as a shock to the global financial community, which was…

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Central Banks May Be Ready to Create More Stimulus

The continent continues to move closer to a recession. as the risk of an economic downturn becomes more imminent, Europe’s central banks are looking harder for potential solutions. They are…

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Greek Police Consider Arresting EU/IMF Officials for Austerity Demands

The International Monetary Fund and European Union have unwittingly made an enemy of the largest police union in Greece. The Federation of Greek Police has stated that it intends to…

Greece Expects Write-off of Private Debt by the Weekend

As Greece continues to struggle to find solutions to its mounting debt crisis, it has conducted a number of negotiations with private creditors. The discussions are taking place in Athens…