The European Union’s statistics agency has today announced unemployment in the 16-member euro zone remained at 9.9% in January.
Unemployment rose by 38,000 during the month, leaving the unemployment rate flat at December’s (downwardly-revised) 6-year high of 9.9%.
However, the amount of unemployment...
Posted to
Finance
on 03-01-2010
Filed under: All Financial News, euro zone, Economy News, European Central Bank, interest rates, January, unemployment, growth, recovery, unchanged, European Union
Yulia Tymoshenko’s refusal to acknowledge Viktor Yanukovich as the legitimate winner of Ukraine’s presidential election is starting to embarrass her friends in the European Union. The White House, Nato and the EU have all congratulated Yanukovich on his victory. The longer Tymoshenko maintains...
Posted to
Comment
on 02-17-2010
Filed under: US, Foreign policy, Russia, European Union, eu, Enlargement, energy, European People's Party, EU enlargement, Ukraine, Russian gas, Tymoshenko, Yanukovich
The International Monetary Fund (IMF) has today pledged its support for Greece after yesterday’s declaration from the European Union, which will see the debt-stricken economy tackle its spiralling debts.
“We stand willing and able to support Greece in ways that the Greek authorities think is appropriate...
Posted to
Finance
on 02-12-2010
Filed under: All Financial News, Economy News, European Central Bank, Debt News, IMF, International Monetary Fund, euro, support, European Union, debt crisis, Greece, pledge
There is a need to clear up some misconceptions about how Greece, or some other fiscal miscreant in the 16-nation eurozone, would be rescued by its partners in the event that it was unable to refinance its debts.
Quite a few commentators seem to think eurozone governments would find it hard to sidestep...
Posted to
Comment
on 01-26-2010
Filed under: Economic policy, European Union, Financial crisis, eurozone, euro, Lisbon treaty, European Commission, European Central Bank, Greece