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Showing 111 - 120 of 145 results for "Euro Area"

OECD: Economy to grow by 4% next year

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... the global economy," said OECD Chief Economist Pier Carlo Padoan. "We see the US growth recovering only slowly, the euro area entering into mild recession and Japan growing faster because of reconstruction, but this boost is temporary and will fade away." ...

Worry me not

BENJAMIN ONG  |  TUESDAY, 29 NOV 2011
... negative effects for the global economy" if left unchecked. Moody's warned that, "The probability of multiple defaults by euro area countries is no longer negligible. In Moody's view, the longer the liquidity crisis continues, the more rapidly the probability ...

Dead calm

BENJAMIN ONG  |  WEDNESDAY, 23 NOV 2011
... woke up to Reuter's headline screaming, "Stocks slide on weak US growth data" and Bloomberg's "European Stocks Drop as Euro Area Borrowing Costs Rise; Commerzbank Slumps". What could have scared the equities markets off again this time while I slept ...

Investment the way of the future, says ANZ chief economist

CLAIRE MCGREAL  |  FRIDAY, 11 NOV 2011
... Institute for International Policy, three main growth poles, China, the EU and the US, are driving the global economy. "The Euro area is in serious trouble, the US isn't doing too well, and China is doing OK but has big risks, hence qualified caution ...

APRA: Investment world still clouded with uncertainty

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
... in global funding markets, in a rerun of October 2008. Risk aversion has intensified in bank funding markets in the euro area, where credit spreads have widened considerably, and it appeared to be broadening," said Laker. The APRA chair believes that ...

Fixville here we come

BENJAMIN ONG  |  FRIDAY, 28 OCT 2011
... moribund economic growth dynamics in the region - particularly, in light of the Spartan fiscal austerity measures most euro area members are currently implementing. The fat lady is yet to sing as far as Europe and its debt saga is concerned. One miscue ...

Manufactured in China

BENJAMIN ONG  |  FRIDAY, 14 OCT 2011
... Slovakia's ratification of the expanded European Financial Stability Fund (EFSF) would hush lingering concerns over the euro area's debt problems and one and all can sleep soundly. Well, the Slovak's did vote "aye" - papa's bought us a mockingbird -- ...

Waiting to exhale

BENJAMIN ONG  |  WEDNESDAY, 12 OCT 2011
... to strengthen and recapitalise European banks? Turns out it's not entirely up to them giants, but to a teenie-weenie euro area member called David, oh sorry, Slovakia. According to Bloomberg, "Slovak lawmakers failed to approve an overhaul of Europe's ...

Find me that silver bullet

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2011
... number of other countries, is very big. I have made my position very clear: that everything must be done to keep the euro area together politically, because we would very quickly face a domino effect." With these words - broadcast over Berlin-based Inforadio ...

On the verge

BENJAMIN ONG  |  FRIDAY, 19 AUG 2011
... All because Morgan Stanley (MS) mentioned the 'R' word again last night. "Our revised forecasts show the US and the euro area hovering dangerously close to a recession -- defined as two consecutive quarters of contraction -- over the next 6-12 months." ...