Economy of the European Union
Euro Falls As Italian Leader Quits Over Referendum
The euro fell against the dollar and investors braced for a bumpy ride on Monday as Italy appeared headed for a period...
Greece Needs Reforms, Not Debt Relief
Structural reforms rather than debt relief will help Greece to achieve sustainable growth and stay in the euro zone...
All Eyes On BoG To Prune Year-Long Policy Rate
As the Monitory Policy Committee of the central bank meets today, expectations of a policy rate cut are high, as the...
EU Warns Eight Nations On Budget Deficit
The European Commission has warned that eight eurozone countries, including Italy, are at risk of breaking EU rules...
Bonds Sell-Off Continues As Investors Bet On Rate Rise
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a...
Asia Shares, Emerging Currencies Stumble As Trump Anxiety Deepens
A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S....
Eurozone Lifts Growth View For 2016 But Cuts 2017’s
The European Union yesterday edged up its eurozone growth forecast for this year but trimmed it for 2017, warning that...
Euro Founding Father Otmar Issing Warns About Project’s Future
A founding father of monetary union has given a damning assessment of the euro bloc, saying that not incorporating an...
U.S. Stocks, Dollar Fall On FBI Review of Clinton Emails
Wall Street recovered some losses on Friday but still closed lower, with U. S. stocks and the dollar falling after the...
Dollar At Nine-Month High On Bets For Fed Hike, Clinton Victory
The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal...
Dollar Hits Seven-Month High, Global Stocks Set For Weekly Rise
Global stocks were set for their first weekly gain in four weeks on Friday and the dollar rose to its highest since...
$750m Eurobond Exposes Ghana’s Weak Economy
Business Finder’s comparison of Ghana’s debut on the international capital market in 2007 when it raised US$750...