News - Europe

Citigroup says 'Grexit' may occur on 1 January, 2013

IFAonline | 25 May 2012 | 10:10

Citigroup's top economist Michael Saunders has forecast Greece will exit Europe's single currency on 1 January 2013, and its new currency will immediately depreciate by 60%.

Greek euro symbol
ward-simon

Ward: UK GDP fall could trigger £50bn more QE in June

The worse-than-expected decline in UK GDP is likely to spur the Bank of England into injecting another £50bn into the economy next month, said Henderson's Simon Ward.

IFAonline | 25 May 2012 | 07:30
will-angela-merkel-germany

EU leaders: we want Greece to stay

German Chancellor Angela Merkel and other senior European Union (EU) officials last night called on Greece to shelve plans to quit the single currency and urged it to see out its austerity programme.

IFAonline | 24 May 2012 | 07:30

Other News - Europe articles

View of the London Stock Exchange from above

FTSE moves below 5,300 as equities slump again

European equity markets have given up all yesterday’s gains as investors remain on the back foot ahead of today’s EU summit.

IFAonline | 23 May 2012 | 11:00
lilley-kevin-colour-cutout

Greece euro exit unlikely despite dire reports, fund manager says

Greece will stay in the euro despite on-going political instability as the potential economic fallout from its exit would significantly hit global markets, a fund manager has said.

IFAonline | 17 May 2012 | 16:21
David Cameron at the World Economic Forum annual meeting in Davos 2010

Cameron to tell eurozone: 'make up or break up'

David Cameron will urge eurozone leaders to "make up or break up" today as he fears the euro unraveling will further dent the British economy.

IFAonline | 17 May 2012 | 08:00
europe-pa1710

Eurozone unemployment hits fresh high

Unemployment in the eurozone reached yet another record high in March as spending cuts continued to hit the working population.

IFAonline | 02 May 2012 | 13:35
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S&P cuts Spain's credit rating

Standard & Poor's (S&P) has cut Spain's credit rating two notches to BBB+ and warned of more economic pain to come.

Professional Adviser | 27 Apr 2012 | 07:30
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Revealed: S&P’s best funds with a ten-year track record

S&P Capital IQ has revealed its pick of the best funds with a decade-long track record, as it introduces a new ten-year grading system.

IFAonline | 26 Apr 2012 | 16:18
exchange-screen

FTSE sheds 1.8% as European markets slump

Updated at 13.00: The FTSE 100 was 1.8% lower on Monday after poor German manufacturing data drove down indices across Europe.

IFAonline | 23 Apr 2012 | 13:00
spain

Spanish and Italian bond yields surge towards 6% on G20 fears

Spanish and Italian bond prices have continued their decline as G20 leaders told European politicians responsibility for the debt crisis lies with them.

IFAonline | 20 Apr 2012 | 14:00
british flag

S&P reaffirms UK's AAA rating

Standard & Poor's (S&P) has reaffirmed its AAA credit rating for the UK and forecasts the government's net debt burden will peak next year.

IFAonline | 16 Apr 2012 | 07:40
A stock exchange screen

FTSE tumbles after poor US jobs data

The FTSE 100 fell 50 points, or just under 0.9%, in early trading on Tuesday as investors got their first opportunity to act on a disappointing US jobs report on Friday.

IFAonline | 10 Apr 2012 | 10:15

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