Concern is now growing that the original package agreed for the bail-out of Greece may not in actual fact be large enough. With Germany already being asked to stump up some €8.4 billion and France about €6.3 billion the cracks in the Eurozone are really beginning to show. …read more
Posts Tagged ‘Eurozone’
Pressure put on Greece to cut deep
Monday, April 26th, 2010Norway Raises interest rate
Wednesday, October 28th, 2009
After dropping rates from 5.75% in Oct 2008 to 1.25% on May 2009 it today raised rates by a quarter point to 1.5%. …read more
Pain across the EU
Thursday, May 13th, 2010It doesn’t seem to matter whether you are in the Euro or not, we are all going to feel the pain of the economic downturn over the next few years.
The internal strife within Greece after being forced to follow their own austerity path is now well known. Now it is the turn of countries such as …read more
Tags: Comment, economics, Eurozone, News, Politics, rescue package, the eu
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