Facebook
RSS
Editorial partner:
Supported by:
Fitch Ratings has downgraded the United Kingdom from ‘AAA’to ‘AA+’. The outlook is predicted to be stable. The rating action reflects a weaker economic and fiscal outlook and possibility of higher UK budget deficits and...
Two weeks ago, the government approved a report on the business environment. Last year Entrepreneurs Association of Slovakia, together with the Association of Young Entrepreneurs of Slovakia and the Hospodarksy Noviny (newspaper), was a sponsor...
Euro zone finance ministers backed a 10-billion euro bailout for Cyprus and the European Commission will try to help the island’s economy grow again with better use of EU structural funds. The first tranche of 10 billion euros will arrive...
For the southern European states, the crisis this summer will become as characteristic as sandy beaches, the sun, or frutti di mare for dinner. And maybe some northern neighbours will join the party too. This file is licensed under the Creative...
These days a piece of good news is like saffron. The world today is clearly dominated by the negative ones: the financial crisis, debt crisis, Euro crisis, the economic problems of Iceland, Ireland, Greece, Spain and recently Cyprus. Therefore,...
It was the week of central bank announcements – Japan (we will describe it below), Britain and ECB. Bank of England and ECB policy remained unchanged, which means that interest rates are at the same low levels and the BoE maintained bond purchases....
Crisis on Cyprus brought new tailwinds in the sails of the crisis in Europe and fully opened the question which had only been cautiously considered behind the scenes until now – how to deal with European banks? But first things first. Nearly...
The rescue package for Cyprus finally consists of a 10 billion euro bailout from the ESM and it has one crucial condition, namely taxation of all deposits larger than 100,000 euros, which inflicts significant losses on depositors — possibly...
I think that the Cyprus situation was a dominant one last week. I do not want to bother you with the same information you have already read somewhere else and which is probably not accurate because the situation is changing every minute. I would...
The crisis was hidden in Cyprus. We broke two different taboos. Moscow-Cyprus: booked out. During the last months we have been listening to the eurozone leaders repeatedly saying that the crisis is over. Spanish banks rescued, Italian and Spanish...
