Category Archives: Financial News

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Euro Statement

Eurogroup statement, Ministers discussed the main parameters of a new multi-annual adjustment programme for Greece, which will build on strong commitments to fiscal consolidation, ambitious growth-…


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Italy, Greece, Ireland and Portugal Bond Yields Update

The Greek 2 year yield is up to a record 31.1%. The Portuguese 2 year yield is up to a record 18.3%. The Irish 2 year yield is up to a record 18.1%. And the big jump … the Italian 2 year yield is…


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Portugal Crisis Update

European Financial Crisis, The Portuguese government has approved an economic and financial adjustment programme, which has been negotiated with the European Commission, in liaison with the ECB, an…


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Hatzius Forecasts 125,000 Payroll Jobs Added in June

Goldman Sachs chief U.S. economist Jan Hatzius said “Clearly the economy weakened over the last few months so some deceleration makes sense,” The labor indicators are mixed. Initial weekly unemploy…


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