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11
Jul

Euro Debt: Is Italy Next?

Posted by Susan Mitchell (0) Comment

Fears were growing last night that Italy was about to become the next country to join the euro debt crisis.

European Council president Herman Van Rompuy has called an emergency meeting for today over worries Rome will follow Athens, Dublin and Lisbon and need help to avoid defaulting on its national debt.

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Category : Economy News | Blog
20
Jun

Greece’s debt crisis ‘could wreck eurozone in 5 years’

Posted by Susan Mitchell (0) Comment

Europe’s single currency is ‘almost certain’ to break up within the next five years as a direct result of the Greek debt crisis, international financial experts warned last night.

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Category : Banking News | Economy News | Blog
11
Jan

Foreclosure Ruling That Could Impact Housing Market

Posted by Susan Mitchell (0) Comment

The Massachusetts Supreme Court has ruled against U.S. Bancorp and Wells Fargo in a case that could have serious implications for the already depressed U.S. housing market.

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Category : Economy News | Forex Currency Trading | Blog
15
Apr

EU Economy Commissioner Warns Of Eurozone Deflation

Posted by Susan Mitchell (0) Comment

The European Union’s economy commissioner warned that Europe’s debt crisis could trigger deflation across the 16 nations that use the euro if Greece and others don’t make tough reforms.
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Category : Economy News | Blog