Cyprus expects Bailout by Mid-November
Cyprus said on Wednesday it expected talks to start with lenders on badly needed aid next week, as r...
Royal Bank of Scotland Withdraws from Asset Protection Scheme
The Asset Protection Scheme was set up in 2009 and would have meant that taxpayers had to absorb any...
UK Unemployment Rate Falls to 7.9 Percent
Unemployment fell by 50,000 to 2.53m in the three months to August, taking the jobless rate down to ...
Greece Close to Agreement as EU Summit Approaches
Greece has reached an agreement on "most of the core measures" to secure the release of the next ââ...
IMF proposes a Spanish Italian Aid Request Package
Prior to the European Union summit economists from the IMF have suggested that Spain and Italy make...
Germany Cuts Growth Forecast
The lagging effect of the european crisis has finally caught up with Germany. The economy ministry h...
Troika declares progress In Greece
Inspectors from Greece's international lenders will leave Athens after making substantial progress o...
Olympics help UK Payrolls to Surge
U.K. jobless claims unexpectedly fell and payrolls rose to a record high as the London Olympics help...
US Housing Starts at 4-Year High
New-home construction in the U.S. surged in September to the highest level in four years, a sign the...
EUR Stops are Chasing a Bigger Win
There is a sense of renewed optimism in capital markets this morning. Speculation of a Spanish appli...
Spain Keeps its Investment Grade Credit Rating From Moody’s
Spain kept its investment grade credit rating from Moody’s Investors Service, which cited a r...
Euro Moves to Month-High above 1.31 on Spain Optimism Before Summit
The euro advanced to a one-month high on speculation Spain will move toward seeking financial assist...
Aussie Moves to Two-Week High above 1.03 as Spain Bailout Bets Boosts Risk
The Australian dollar climbed to its highest level in two weeks and government bonds fell as specula...
Japan increases pace of US Bond purchases
Japan closed in on China as the largest holder of US government debt during August as foreign demand...
Canadian Factory Sales rebound
Canadian manufacturing sales rebounded in August after a two-month slump largely due to big gains in...
UK Austerity Might Have Had Adverse Effects
The Independent Office for Budget Responsibility issued a report that sheds some light on the effect...
Spain is offered a German Lifeline
Two senior politicians from Angela Merkel's team have gone on record supporting the Spanish bailout....
A look Inside the European Statistics Organization
This morning CNBC published an article that offers an inside view of the Eurostat. How their role ch...
Greece Expects to Continue Receiving Bailout Funds
Greece will conclude austerity talks with its lenders to continue receiving the bailout funds it nee...