Sentences with phrase «eurozone which»

1) Europe, we both pay too much to the EU for nothing in return and have allowed our economy to be tied to closely to the Eurozone which is now collapsing.
In this context, people ask: if there are 18 countries in the Eurozone which might wish to integrate further, could this lead to further powers being transferred away from our country?
«Of course countries have got to make difficult decisions about their own public finances... but it's the open speculation from some members in the eurozone about the future of some countries in the eurozone which I think is doing real damage across the whole European economy.»
there is a larger than anticipated impact of our financial crisis and deleveraging on potential output; there has been the global commodity price shocks, exacerbated here by our depreciated exchange rate; and, of course, there is the ongoing uncertainty in the eurozone which is now acknowledged to be having an impact on growth and investment across the world, from the US to China.
Without the funds, Greece will almost certainly default on its next loan repayment, due at the end of this month, and risks ejection from the 19 - nation Eurozone which looms as a giant unknown to global investors.

Not exact matches

The decision had the opposite effect on Eurozone stocks, which depend to a large degree on exports and therefore benefit from a cheap euro.
Renzi has pledged to resign if the tally doesn't go his way, and the Five Stars Movement, which wants Italy out of the eurozone, stands waiting to exploit the situation.
But a strange showdown is shaping up between the eurozone's powers, which can not and will not extend unconditional aid, and a country ravaged by austerity with little appetite for more.
European stocks, which had followed much of Wall St's rout on Monday, had less dramatic falls Tuesday, but failed to stabilize with any conviction after data showing service sector activity across the Eurozone and U.K. was weaker than originally thought in December.
The yield on Greece's three - year bond, which has surged from 4 % to 13.5 % since October, is now reflecting serious expectations that the country may end up outside of the Eurozone and unable to repay its euro - denominated debts.
«With foreign assets worth $ 6 trillion, most of which consist of claims on its eurozone partners, Germany would lose out massively if the eurozone fragments,» wrote Jean Pisani - Ferry, director of Brussels - based think - tank Bruegel, in a recent commentary.
We can see signs of stronger bank lending showing up in the Eurozone's broad money supply, which increased more than expected.
But unlike the 2011 rout, sparked by the eurozone debt crisis, the sudden collapse of global equities markets that began last week is all about China — which makes it all the more unnerving since few have a good grasp on how the world's most important emerging economy actually works.
The most widespread opinion is that the European Central Bank is going to announce a new round of bond - buying next week to try to stimulate the Eurozone economy, which will further depress the value of the euro and make the franc yet more attractive.
The peg, which was introduced in Sept. 2011, was an attempt to halt the rise of the franc — a traditional haven currency for investors — against the euro at a time when the eurozone debt crisis was at its height.
Lending data for September, which were published earlier Thursday, are also likely strengthen the ECB «s confidence, as they showed bank credit to Eurozone companies and households growing at the fastest pace since the start of the financial crisis.
While these CFDs, the underlying digital assets of which «have displayed very high price variation,» are not traded on public exchanges in the eurozone, their popularity in Europe has nonetheless grown over the last several years.
Rising oil prices caused a headline spike in eurozone inflation at the beginning of this year, which has washed through the system.
Italian elections are due to take place during the first half of 2018, and have the potential to deliver another political upset, although recently there have been signs that populist parties — most notably the Five Star Movement, which according to polls enjoys similar levels of support among Italian voters as the ruling Democratic Party — are toning down their calls for a referendum on Italy's membership of the eurozone.
The European Central Bank, which supervises commercial banks in the eurozone, is considering opening an inquiry into whether HNA meets the criteria for large bank shareholders, according to two people with knowledge of discussions who were not authorized to speak on the record.
«We would suggest at PIMCO avoiding the entire eurozone until they can come up with some type of solution which involves the private sector,» Gross said in a radio interview with Bloomberg Surveillance.
According to MSCI data, Eurozone stocks are currently at a 40 % discount, in price - to - book terms, to the U.S., which looks good compared to the long - term average of approximately 35 %.
In addition, the prospect of a Greek exit from the eurozone has become much more likely with the election of the radical Syrzia party, which threatens to unravel the monetary union.
Looking forward, it is a given that a lot needs to go right in the eurozone, the United States, China, and Japan, which account for nearly two - thirds of the world's $ 72 trillion economy.
I'm optimistic that the crisis will be serious enough to break up the eurozone and create a new, more socialist order in which debts are written down — and with them, the «bad savings» of the financial elites that are seeking to do to Europe what the Roman Empire did when it reduced Western Europe to feudalism.
They went to the Eurozone periphery, which Michael refers to as «Spain».
Following his comments, with the prospect of a rise in eurozone interest rates apparently pushed back to 2018 at the earliest, the euro — which had already dipped in the wake of the lower - than - expected inflation figures — gave up more ground.
The Eurozone is a monetary union consisting of 19 member states which have adopted the Euro as their common currency.
The dramatic developments overshadowed the G20 summit of world leaders in the French resort of Cannes, where President Barack Obama implored European leaders to swiftly work out a eurozone plan to deal with the continent's crisis, which threatens to push the world back into recession.
Second, we have concerns in the eurozone about the rise of nationalism, which questions the whole eurozone construct; the ability to form a fiscal union given all the geopolitical issues developing within Europe is incredibly problematic.
The upturn in official production data also tallies with PMI data, which have indicated a strengthening recovery of eurozone manufacturing in recent months.
On a recent visit to Berlin I was told that it was the cheapest capital city in the eurozone in which to live.
Indeed, by the end of October, yields on two - year debt stood below zero for almost every member of the eurozone, which means investors were effectively paying to own it.
It is no coincidence that the two main areas which are experiencing negative interest rates, sub-par growth and near - deflation — i.e. Japan and the Eurozone (plus the three euro - linked economies of Sweden, Denmark and Switzerland)-- are also the economies where the major central banks have implemented flawed versions of QE.
Positives touched most aspects of the economy, including some powerful improvements to America's competitiveness which probably explain why the U.S. has done pretty well in 2012 in spite of the Eurozone mess, China's slowdown and the fiscal cliff episode.
In a similar vein, the Markit composite eurozone PMI, which combines measures of manufacturing and services activity, has continued to indicate healthy expansion, rising in June to its highest level in four years.
She's also calling for a government takeover of the French central bank (which is currently an independent entity that doesn't print money for the Treasury) and the creation of a currency system like the one previously used across the eurozone.
Other evidence included a European Commission survey of economic sentiment among eurozone businesses and consumers, which climbed to its highest level since 2000, and a measure of French business confidence, which registered a 10 - year high.
And for Greece's own wealthier classes, the EU loan package would enable the country to remain within the Eurozone long enough to permit them to move their money out of the country before the point arrived at which Greece would be forced to replace the euro with the drachma and devalue it.
European stocks slipped Thursday, after a surprise fall in eurozone inflation, which will likely spur the European Central Bank to tread carefully in...
I think what shook markets across the globe was not the size of Greece's economy or financial system, but more the prospect of a Greek exit from the eurozone, which would have put a big question mark over the irreversibility of the entire euro system.
For example, we do not cover the EU budget, which has no macroeconomic relevance for the eurozone, and which is over-covered in all national newspapers anyway.
Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the European Central Bank would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.
I think countries within the eurozone also should lift some of their controls to allow their economies to be freer, which would encourage growth, because Europe doesn't have a high - growth potential at the moment.
It could do it, for example, by selling its assets, by deregulating and liberalizing its economy to revive totally uncompetitive exports (Greece is the least competitive economy in the Eurozone), or by reforming its pension system, which costs 17.5 % of the GDP, while the average pension expenditures in the Eurozone amount to the 13.8 % of the GDP.
The meeting of the European Central Bank's Governing Council on 20 July is expected to provide more guidance as to the rate at which the institution will taper its programme of asset purchases amid evidence that economic growth in the eurozone continues to improve.
The elections could usher in a party that would remove Greece from the Eurozone, meaning they would no longer use the Euro, which could put the European currency in jeopardy...
So, ahead of a critical two - day summit in which Europe's leaders will come up with a plan to solve the eurozone crisis, the pressure will be on him to tackle the issue in a way which doesn't compromise his own party's fractured views.
The growth rate of France, which is embedded much more thoroughly in the eurozone than Britain, was 1.7 % in 2011.
Meanwhile, Wednesday's emergency summit in Brussels saw the creation of a package to deal with the eurozone's debt crisis, which includes a controversial extension of the European Financial Stability Fund to one trillion euros.
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