The Cyprus Bailout
The Cyprus government rejected a joint EU-IMF bailout package to its banks on Tuesday, raising the spectre of a financial meltdown in one of the union’s smaller member states. The […]
Category Archives: News
Britain and Europe
British Prime Minister David Cameron has promised on Thursday to hold a referendum on the country’s membership of the EU by the end of 2017. The speech, delayed by recent […]
Deutsche Bank Drawn Into The Libor Scandal
The Deutsche Bank, a global banking and financial services company headquartered in Frankfurt, suddenly took centre stage in the unfolding Libor Scandal last Wednesday, as the Wall Street Journal revealed […]
Pensioners in Germany
The German news media are increasingly drawing attention to the living conditions of pensioners across the country. Commentators have been pointing out that more and more pensioners are likely to […]
Latest on Bank Investigations
The Deutsche Bank, a German banking and financial services institution, is facing a widening tax evasion investigation. Early this month, the Financial Times cited claims from former employees that the […]
S&P Upgrades Greece Credit Rating
On Tuesday the American credit-rating agency Standard & Poor’s raised Greece’s rating by six levels to “B-minus”. The country had previously been ranked as “selective default”, the agency’s second lowest […]
EU and Singapore Sign Trade Agreement
On Sunday, the European Union finalised and officially announced a free trade agreement with Singapore, in a move set to further stimulate economic ties between both partners. Singapore is the […]
EU Summit Ends in Stalemate
An agreement over tightening regulation of banks in the euro zone reached in the early stages of a two-day meeting of European leaders in Brussels sparked hopes of significant reform […]
