2015 signals Greek instability

2015-01-02 13:30

The start of 2015 seems to indicate instability for the European Union and such instability will have much wider repercussions.

Poverty begins to bite in Germany

2014-10-28 19:02

A sixth of the German population is living below the poverty line amid fears that the country could be heading for renewed recession.

Europe's economic gloom lifts

2013-01-30 13:42

Optimism is gaining ground in the eurozone, with business leaders and consumers marking the third month running of positive signals.

Bumpy road for German economy - experts

2013-01-08 16:10

Although many see Germany escaping a recession, sliding exports and industry orders have prompted some economists to predict a tough time ahead.

Spain commits to stick to deficit targets

2012-03-23 11:22

Amid fears that Spain may be the next eurozone member to be hit by a financial crisis, its economy minister has pledged to uphold deficit targets.

Moody's threatens 17 banks with downgrade

2012-02-16 10:37

Rating agency Moody's says it may cut the credit ratings of 17 global and 114 European financial institutions with exposure to the eurozone debt crisis.

Stocks, euro edge up after sell-off

2011-12-20 08:28

Asian stocks and the euro inched up although sentiment remained subdued on concerns that efforts to contain the eurozone debt crisis were faltering.

China cuts bank reserves to lift economy

2011-11-30 17:57

Beijing has shifted policy and reduced the requisite reserves for commercial lenders to shore up the economy, which is at its weakest pace since 2009.

Sarb index drop shows hesitancy in economy

2011-11-22 10:23

The Reserve Bank's leading indicator inched down in September for the third successive month, signifying a dimmer outlook for the economy.

Greek move hits stocks, stirs German anger

2011-11-01 12:41

Global stocks including the JSE were hammered after the Greek prime minister called a shock referendum on its second bailout package, drawing veiled threats from Germany.


ECB to give Europe a monetary jolt

2014-12-08 16:43

European Central Bank president Mario Draghi has a view that stretches far beyond Frankfurt's high-rise financial centre and he doesn't like what he sees.

Cyprus set to fully lift capital controls

2013-11-15 19:30

Cyprus is likely to completely lift controls on capital movement within months, ending a controversial chapter in the eurozone's short history.

Davos warns on global economic crisis

2013-01-27 12:22

While the worst of the financial crisis seems over there is still much to be done, the world's political and business elite has heard on the final day of the WEF.

Obama hails progress on euro crisis

2012-05-20 11:14

US President Barack Obama hailed progress made in tackling Europe's economic crisis at the end of a G8 summit.

Bold hedge funds mull Greek debt battle

2012-03-07 15:50

Some hedge funds are refusing to join Greece's bond swap, complicating efforts to restructure the the country's debt.

Eurozone mulls delay of Greek bailout

2012-02-15 15:53

A second bailout may be held back as Greece remains reluctant to commit to the terms of the €130bn package to stave off bankruptcy and a disorderly default.

China assures on stable 2012 growth

2011-12-09 13:52

Beijing will ensure stable and fast economic growth next year and will adjust policies as the global situation changes, Communist Party leaders have decided.

OECD: Eurozone crisis biggest global threat

2011-11-28 17:21

The eurozone crisis is the biggest danger to the global economy, says the Organisation for Economic Cooperation and Development as it slashed forecasts for all major economies.

Cameron: Tobin tax must be global to work

2011-11-02 16:30

British Prime Minister David Cameron says a tax on financial transactions, dubbed a Tobin tax, will only be effective if it is implemented worldwide.

Brent falls on Libya hopes, stocks cut gains

2011-08-22 18:39

Brent crude fell as Libya's civil war appeared to be ending, gold stayed at a record and stocks pared back gains as investors remained nervous about the global recovery.

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