Euro Zone
Investment Opportunities Popping Up in Europe
…companies with high dividends and those deemed a low risk for bankruptcy by the credit-default-swap market, a sign of financial strength, Mr. Stubbs says. He prefers companies with a “dividend yield,” or annual payout as a percentage of share price, of 3.5%…
This is a bad time to become more like Europe
…with widespread rioting. Clearly, the rioters believe that they are entitled to a welfare state that they can’t afford, even if the taxpayers of other countries have to pay for it. This is a cautionary tale of how people, once they get used to welfare state…
EU concern as Greek political paralysis continues
…raised the spectre of Greece defaulting and even leaving the 17-member eurozone. Greece’s plight will be high on the agenda when eurozone finance ministers meet in Brussels on Monday. Governments have already issued Athens with a clear warning, last week withholding…
Greek Voters Shatter Myth of Two-Party System to Defy EU Rules
Syriza leader Alexis Tsipras and the heads of New Democracy and Pasok spent last week negotiating unsuccessfully over a new coalition. Syriza leader Alexis Tsipras and the heads of New Democracy and Pasok spent last week negotiating unsuccessfully over a
Ireland prepares for EU pact vote
13 May 2012 Last updated at 19:33 ET By Ruth McDonald BBC News, Waterford Ireland votes on 31 May and has form on rejecting EU treaties Aura Lee Casey’s beauty salon in Waterford city is about as far away as you can get from the drama of Brussels summits
EU Palestinian aid projects destroyed by Israel: NGOs
(JERUSALEM) – Israel demolished dozens of Palestinian homes, water cisterns and farm buildings built with European funds in 2011, and over 100 such structures are at risk, aid groups said in a report on Monday. The figures, compiled by a group of local a
Europe struggles for climate lead
13 May 2012 Last updated at 19:14 ET By Richard Black Environment correspondent, BBC News Climate ministers are making little headway against powerful forces UN climate talks open in Germany on Monday, with the EU struggling to keep its position of a glo
Will Irish vote kill European Union’s austerity drive?
DUBLIN — When voters in Greece and France got the chance, they dealt a resounding “No!” to parties backing austerity measures. The Irish could be next to give the European Union’s austerity plans a black eye. A May 31 referendum here asks the public to a
The Dalai Lama to meet Austrian chancellor on five-nation European tour
DHARAMSHALA, May 13: Tibetan spiritual leader the Dalai Lama is scheduled to meet the Chancellor and Vice Chancellor of Austria on his five-nation European tour this month. Leaving his exile home town of Dharamshala Saturday, the Dalai Lama will begin hi
Turkey’s accession difficult despite EU economy, says MP
A “looser” economic policy in the European Union could make the process of Turkey’s accession to the bloc easier but is unlikely, member of the European Parliament (EP) and vice chairman of the European Conservatives and Reformists Group (ECR) Geoffrey V
EU’s Rehn: Spain banking plan should dispel doubts
…(Reuters) – The European Union’s top economic official said on Sunday that Spain was taking decisive action to shore up its banking sector and that its overall reform efforts were essential to bolster confidence in the sector. Spain on Friday offered high-interest…
Shades of Weimar? Only the ECB Can Save Europe – John Mauldin
…notion that the only institution with the wherewithal to save the eurozone is the European Central Bank, and the only way possible for the ECB to do it is by printing euros. Trillions and trillions of euros. This is a major about face for the historically…
European Commission welcomes Spanish bank reforms
…on Friday by the Spanish authorities to further reform the banking sector,” said EU economy commissioner Olli Rehn. “A prompt and profound reform of the banking sector is a cornerstone of Spain’s crisis response and its overall reform strategy.” Rehn said…
Support grows for EU Fiscal Treaty as Declan Ganley joins the No camp
…“I was undecided on the referendum and wanted to wait to allow European partners to respond to calls for a deal on bank debt. In the absence of a deal, I am now advocating a ‘No’ vote.” The Fine Gael-led Coalition government has welcomed the latest opinion…
Infiniti FX Sebastian Vettel Priced At $160,000 In Europe
…your not implying that the car manufacturing arm of the investment bank/hedge fund Porsche knows that the ass engined layout is somewhat suboptimal? If… Re: Discount Porsche Canceled. Again FJ60LandCruiser – Sunny Porches are the best, and that’s why I’ve…
Austria wants EU to agree growth pact at next summit
BERLIN (Reuters) – Austrian Chancellor Werner Faymann wants the European Union council to agree a growth pact at its next summit and invest in education, employment and infrastructure via “project bonds” as a first step towards euro bonds. Faymann, a Soc
OECD urges laxer EU budget rules to help growth
ROME (Reuters) – The European Union should exclude public investments from the calculation of budget deficits and issue common euro zone bonds to help growth, a top official at the Organisation for Economic Co-operation and Development said on Sunday. OE
As Europe’s economic outlook darkens, US risks grow
tool goes here Most economists don’t expect Europe’s debt problems to sink the sluggish U.S. economic recovery, but clearly Europe has sent new headwinds our way, dragging down U.S. stock prices. If Europe’s crisis continues to deepen, it could cause mar
Dubai Shares Set for Lowest Close in Three Months on Europe, Oil
…quickly and sharply to the lows of the year and the turmoil in the euro zone,” said Nabil Farhat, a partner at Abu Dhabi-based Al Fajer Securities. “These are all factors that might impact the current and future liquidity inflows and outflows from the U.A.E.”…
EU Ministers To Condemn Israeli Violations
…The report, Haaretz said, details Israeli violations in the West Bank over the past several months, and denounces Israel for its expansion of settlements in the occupied West Bank, and in occupied East Jerusalem. The report also denounces the increasing and…
