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Showing 271 - 280 of 335 results for "European Union"

Pain in Spain

BENJAMIN ONG  |  THURSDAY, 13 MAY 2010
... revenues. Reduced government revenues means slower progress on reducing the fiscal deficit. The good news is that the European Union and the International Monetary Fund has money on the ready while Spain and other high fiscal spending countries battle ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 MAY 2010
... European stock markets in the wake of powerful rallies on Monday triggered by a eurozone rescue plan unveiled by the European Union and International Monetary Fund's to ward off debt crises. After opening with modest losses, the Dow Jones Industrial ...

Market Wrap - Midday

AAP  |  TUESDAY, 11 MAY 2010
... Heffernan said the market had been buoyed by the European bailout, with the exception of resources stocks. The European Union put up $US1 trillion ($A1.11 trillion) on Monday to contain its spreading government debt crisis and keep it from tearing the ...

Trillion dollar kitchen sink

BENJAMIN ONG  |  TUESDAY, 11 MAY 2010
... awed. Yes, Virginia, this was how speculators felt when they were forced to cover their short positions after the European Union (EU) and the International Monetary Fund (IMF) and the US Federal Reserve threw the proverbial kitchen sink at them. The ...

Market Wrap - Midday

AAP  |  MONDAY, 10 MAY 2010
The Australian stock market was almost two per cent stronger at noon after moves by the European Union and the IMF quelled investor concern about the debt of some eurozone economies. The benchmark S&P/ASX200 index had risen 84.9 points, or 1.89 per ...

Feeding the fear

BENJAMIN ONG  |  MONDAY, 10 MAY 2010
... extrapolate all the way down to the bowels of hell. But no! Something is being done. As I write this piece, the European Union is reportedly scrambling to hammer out a coordinated plan -- costing 560 billion -- to prevent the Greek crisis from spreading ...

Sell in May

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2010
... to tell Greece -- especially Germany (oh sorry, Merkel has been saying this to Papandreou for months now). The European Union/IMF have agreed to keep the Greek isle afloat with a three-year, a,-110 billion lifeline. All was well... so it seemed. Until ...

Troubled Greece to freeze pensions

RUTH LIEW  |  TUESDAY, 4 MAY 2010
... minimum, so those on low income will largely be protected from the lower pension policy. In a joint statement, European Union Economic and Monetary Affairs Commissioner Olli Rehn and IMF's Strauss-Kahn said they recognised the sacrifices that will have ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 APR 2010
... close and positive results from top companies. Major European bourses returned to positive territory after a top European Union official said talks on a multi-billion-euro bailout for Greece were nearing completion. The benchmark FTSE 100 index closed ...

Liar

BENJAMIN ONG  |  FRIDAY, 23 APR 2010
... deceive." - Sir Walter Scott (Marmion, 1808) Greece has just climb 10 notches up crap creek when Eurostat - the European Union's official Statistician - called it a liar. Eurostat revealed last night how it discovered that Greece's 2009 budget deficit ...