Moody’s placed Portugal under review for possible downgrade
Posted on December 21, 2010 by Shay Greenberg
The credit rating agency Moody’s Investors Services place Portugal under review for downgrade as foreign news agencies broadcasted. More specifically, the firm [...]
Juncker; There is no reason for “punishment” of Italy by the markets
Posted on December 16, 2010 by Shay Greenberg
The head of the Eurogroup and Luxembourg’s Prime Minister Jean-Claude Juncker sees no reason why Italy “should be punished by the markets” [...]
Decline; but at slower pace for the forex rate of the Euro
Posted on December 16, 2010 by Shay Greenberg
The forex rates of the Euro continued to decline in Asian trade with a slower pace however while the common currency looks [...]
S&P: Expansion of economic recovery in Germany in 2011 – Upgrade of China and Hong Kong
Posted on December 16, 2010 by Shay Greenberg
The economic recovery will expand in Germany next year according to the credit rating House Standard & Poor’s, thanks to the increased [...]
Eurobond: Out of the Eurozone Leaders Summit Agenda
Posted on December 13, 2010 by Shay Greenberg
“The question of issuing Eurobonds would not be on the agenda of EU summit this week and most likely there will be [...]
Euro moves higher after the initial decline yesterday despite the uncertain outlook
Posted on December 10, 2010 by Shay Greenberg
Yesterday the EUR/USD fell up to $1.3195 after the decline of the credit rating of Ireland at “BBB” by Fitch, which cited [...]
German Bankers: Risks to the bond markets by Merkel’s plans
Posted on November 24, 2010 by Shay Greenberg
The BDB, an association of German banks which represents institutions such as Deutsche Bank AG, warned that the plans of Angela Merkel [...]
Irish spreads decline after the rescue agreement
Posted on November 22, 2010 by Shay Greenberg
Irish spreads begun to decline after the formal request of Ireland for financial assistance from EU and the IMF. In particular, the [...]
Ireland: A Loan of tens of billion of Euros from EU/IMF
Posted on November 18, 2010 by Shay Greenberg
A loan of tens of billions of Euros may ultimately be the amount that Ireland will take by the European Union and [...]
The crisis management complicates Mr. Trichet
Posted on October 19, 2010 by Shay Greenberg
The European Central Bank is currently facing several dilemmas of monetary policy issues as there is not one unique view regarding the [...]