Tagged: European Union

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...

Now that’s what heavy debt can do to a nation, Greece burns!!

Now that’s what heavy debt can do to a nation, Greece burns!!

*people are on the street breaking and throwing everything on their way. *this outrage may turn into something big says the journalist. *Government may have to step down if it doesn’t come up with...

Is Europe getting back into recession?

As Europe’s leaders struggle to convince markets that their Greek debt problem-resolution-proposals are actually viable, and will really do the trick, last week’s flash PMI readings seem to have attracted rather less attention than...

Who owns how much debt in Europe!!

Here is an extract from NYT which lots about the exposure of banks to Italian Debt: "European banks have total claims and potential exposures of 998.7 billion euros to Italy, more than six times...

Affect of Portugal downgrade is here!!

This was evident and had to happen. As Moody’s downgraded Portugal to Ba2 status which means that the government bonds of Portugal are now in Junk category, the 10-Year yield of Portugal government bonds...

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