Basix Hedge News - EU debt crisis


ECB keeps rate on hold, ready to act further as low inflation to drag on for next 2 years

The European Central Bank left interest rates unchanged on Thursday, pausing to assess the health of the eurozone recovery, while the Bank of England said...

It’s a Melt-up! Why are investors plowing money into Europe like never before?

The biggest European rally in 19 months is leaving virtually no stock behind — but is this the time to get in or get out?...

China, Europe factory orders signal economic healing, but U.S. disappoints

A bumper crop of new orders revealed today that European and Chinese factories are going gangbusters

Is the eurozone finally exiting the longest recession in its history?

Europeans think so, as economic confidence soars to a two-year high, but high unemployment continues to dog recovery

IMF fears Fed’s stimulus tapering could reignite euro debt crisis

The tapering of stimulus by the U.S. Federal Reserve risks reigniting Europe’s debt crisis and pushing weak countries into a "debt-deflation spiral", the International Monetary...

Why Europe’s crisis states should look after their own interests and form a debtors’ cartel

Comment: There ought to be a point in this wretched saga when it is clear to the victim states, if it is not clear already,...

How Portugal’s politics are spoiling Europe’s austerity recipe

A political crisis has knocked Portugal's austerity program off track and the country is starting to look more like Greece which only scraped through the...

Greece will need even more aid to get back on its feet

Greece has scraped through its biggest political and financial challenge this year by securing a tranche of aid from international lenders but the reprieve may...

The eurozone looks a lot like Japan

The euro zone, still drowning in debt bequeathed by the great financial crisis, increasingly resembles Japan in the 1990s as it struggled with its own...

Eurozone faces its own Japanese-style lost decade as fiscal worries deepen

Analysis: The eurozone, still drowning in debt bequeathed by the great financial crisis, increasingly resembles Japan in the 1990s as it struggled with its own...

Europe’s central bank abandons tradition to commit to low rates

The European Central Bank broke with precedent by declaring it would keep interest rates at record lows for an extended period and may yet cut...

What you need to know before markets open

North American markets look set to open lower this morning ahead of a short trading day on Wall Street. Here's what you need to know...

Turmoil in Portugal, Greece threatens to reawaken the eurozone beast?

Despite the desire to project calm, EU officials quietly acknowledge that all is not well and that any number of problems could throw the region...

Greece has 3 days to deliver or risk bailout, EU officials warn

The standoff threatens to unravel efforts to keep a lid on the eurozone crisis, at a time when tensions are rising in other countries on...

Greece first developed market cut to ’emerging’ status after 83% stock plunge

The Athens Stock Exchange has was the world’s second-worst performer since October 2007

IMF says it lowered bar for Greece bailout program

The International Monetary Fund on Wednesday said that it lowered its normal standards for debt sustainability to bail out Greece and its projections for the...

New data suggest Europe’s downturn is easing

Europe’s economic woes eased slightly last month, helped by a surge in British services business and signs the downturn in the eurozone is starting to...

Social breakdown now trumps markets as eurozone’s greatest threat

Unemployment has reached a new high in Europe, deepening fears that this growing crisis is a threat to the union's social fabric

What you need to know before markets open

North American markets look set to open higher as investors took cheer from pledges of support from the European Central Bank and Bank of Japan....

Germans splurge on Italian homes locals can’t afford

Foreign investment in Italian holiday properties is rising as Germans, Britons and Russians take advantage of a market where locals are struggling to purchase even...