Financial Crisis

Finance - Financial Crisis

"A debt ratio of 245pc of GDP is not really safe, and it is not happening because we are investing," said Takehiko Nakao, Japan's 'Mr Yen' or vice finance minister in charge of the exchange rate.

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Finance - Financial Crisis

The IMF called on president Francois Hollande to slow the pace of fiscal tightening next year to avoid an economic ...

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Finance - Financial Crisis

A total of 19m people were out of work in the 17-member bloc in February, the European Union’s statistics office ...

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Finance - Financial Crisis

Professors Lars Feld and Peter Bofinger said states in trouble must pay more for their own salvation, arguing that there ...

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Finance - Financial Crisis

Mario Draghi, the ECB’s president, said the wild moves in currencies and global stock markets over the past two weeks ...

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Finance - Financial Crisis

The hardline central bank - known as the temple of monetary orthodoxy - told Germany’s top court that the ECB’s ...

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Finance - Financial Crisis

There is a view that implementing the public sector austerity drive will increase private spending by more than the public ...

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Finance - Financial Crisis

"The economic situation is worsening from month to month, and unemployment has reached a level that puts democratic structures ever ...

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Finance - Financial Crisis

Udo di Fabio, the constitutional court’s euro expert until last year, said the explosive case on the legality of the ...

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Finance - Financial Crisis

Attorney general Petros Clerides said the assembly must have a say on the accord, which will inflict huge losses on ...

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Finance - Financial Crisis

It is no longer an implausible prospect. "We cannot be seduced," she said, brimming with confidence after her party secured ...

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Finance - Financial Crisis

The country's Cour des Comptes said the budget is likely to breach EU targets by a wide margin yet again ...

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Finance - Financial Crisis

Yields on 10-year German Bunds fell to an all-time low of 1.16pc, signalling the risk of a deflationary crisis and ...

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Finance - Financial Crisis

Since this is the central thrust of EMU crisis strategy – and the only way offered for Club Med states ...

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Finance - Financial Crisis

The Switzerland-based watchdog said unprecedented imbalances have built up in the global system and these are failing to self-correct because ...

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Finance - Financial Crisis

The agency said the housing slump is deepening across large swathes of the eurozone. French declines are “gaining momentum”, with ...

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Finance - Financial Crisis

Three cabinet members have launched a joint push for a drastic policy change, warning that cuts have become self-defeating and ...

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Finance - Financial Crisis

While the US jobless rate will continue falling to 6.7pc by the end of 2014 as recovery takes hold, the ...

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Finance - Financial Crisis

In a speech this week, Britain’s top civil servant said that such were the challenges facing the UK economy, they ...

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Finance - Financial Crisis

“Nothing as devastating as this has ever been seen in my country before,” said Prof Yanis Varoufakis from Athens University. ...

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