Category: World Economy

Major Economic Indicators of Europe

EU is all in mess. The crisis doesn’t seem to end. All the major economic indicators show that EU is reeling under endless pain which have been inflicted by the policymakers’ inability to read...

S&P further downgrades Greece to CC long term rating and C short Term rating

S&P further downgrades Greece to CC long term rating and C short Term rating

Overview Following review of the July 21 statement by the European Council (EC), Standard & Poor’s has concluded that the proposed restructuring, in the form of an exchange into discount or par bonds or...

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