Sentences with phrase «s&p eurozone»

Since over 80 % of the company's revenues came from outside the Eurozone, he expected that SMS would be able to ride out the debt crisis unscathed.

Despite the recent softness in data — the Citi economic surprise index for the eurozone is now at its lowest since June 2012 — markets remain stubbornly bullish on the euro with overall bets still near record highs as longer - term expectations remain optimistic.

Yields on Greek debt soared and, since 2009, Greece has relied on on the largesse of the rest of the Eurozone, most notably financially conscientious Germany, to remain solvent.

That leaves the U.S. Federal Reserve the best part of a year to widen the gap between U.S. and Eurozone interest rates still further, a trend that will make the dollar more attractive vis - a-vis the euro (all other things being equal).

Today, Sweden is among the most - connected countries in the Eurozone, with more than nine out of 10 households having internet access as of 2015, according to European Commission data.

But this logic misses the forest for the trees and might end up costing Germany and the Eurozone a lot more, in terms of hard cash and geopolitical power, according to Daniel Speckhard, former U.S. Ambassador to Greece.

The decision had the opposite effect on Eurozone stocks, which depend to a large degree on exports and therefore benefit from a cheap euro.

Over a three - year time horizon, a eurozone meltdown, for example, could devastate your savings.

Pierre Moscovici, the commissioner responsible for economic matters, said the forecasts are further evidence that the debt crisis that has ravaged the eurozone and many of its members, notably Greece, is now past.

Sarkozy is in trouble and the eurozone is in trouble.»

the analyst asks in a recent commentary, noting German Finance Minister Wolfgang Schauble has said the eurozone should eject any member that can't right their own finances.

The Commission forecast that eurozone inflation this year would remain unchanged at 1.5 percent, rising only to 1.6 percent next year.

«I think after much internal wrangling,» Witherell says, «the eurozone will likely emerge stronger in the second half, and as the recovery quickens, Sarkozy may be able to recover some of the credibility he has lost.

«Europe has seen the strongest improvement among all regions in its outlook balance since 2011, when the region accounted for almost the entire global negative outlook bias — largely as a result of the eurozone crisis,» he said.

The Commission, meanwhile, said Britain will continue to lag the eurozone over the coming years, forecasting growth of only 1.5 percent this year and 1.2 percent next, with the economy hobbled by Brexit uncertainty.

He also urged eurozone governments to push on with economic reforms, particularly to their labor markets.

Financial passporting refers to banks» ability to sell products and services across the eurozone from locations in Britain using one licence.

According to the E.U.'s statistics office Eurostat, gross domestic product among the Eurozone's 19 members rose by 0.3 % in the three months to September, down a shade from 0.4 % in the second quarter.

«60 % of European capital market business is conducted through the UK, banks in the UK are the largest borrowers and lenders of euros outside of the eurozone and when we talk about critical mass, when you look at the London Stock Exchange Clearing House, they've estimated that critical mass, that size of business, saves some # 17 billion a year.»

What if another economic calamity happens, such as Greece leaving the eurozone?

«The major eurozone member states can not agree now on what's needed to pay for the smaller states,» says Anand Menon, professor of European politics at King's College.

«Being in the eurozone gives us the same status of Frankfurt,» Guoga said.

The Eurozone's economy slipped in the third quarter as the slowdown in China and other emerging markets more than offset the benefit to consumers from low oil prices.

In a note to clients, UBS economists Thomas Wacker and Jürg de Spindler foretell «a chain reaction of bank runs and soaring risk premiums... that ultimately breaks up the entire eurozone.»

Since 2010, the GDP of the 28 - member EU has grown a total of just 5.2 %, and the 19 - nation eurozone expanded at just over half that rate, badly lagging the U.S. (12 %), Australia (14.5 %), and Canada (9.3 %).

Wall Street stock futures are lower again this morning, with markets finally taking on board the risks of a Greek default and / or exit from the Eurozone.

The growing ranks of pessimists regard a Greek default and exit from the eurozone — dubbed a «Grexit» — as a matter of when, not if.

And with a default in Greece no longer being a question of «if» but «when,» the eurozone will be hard pressed to find an orderly way to manage it without triggering contagion and a run on the banking system.

In the past two years, the U.S.'s spring swoons could be attributed to new outbreaks in the eurozone debt crisis; this year, it's home - grown factors that are expected to weigh on growth.

«I think [they] are trying to get a strategic stake in the strongest economy in the eurozone,» says Carsten Brzseski, chief economist at Dutch financial giant ING.

A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.

Italy is the eurozone's third largest economy, and its debt - to - GDP ratio of 133 % is the second largest in the currency union, after Greece.

Even in France, polling suggests people think Greece should stay in the eurozone only by a thin margin.

The first is the breakup of the eurozone.

The process of this deal wasn't dissimilar to the bailout programmes that have already passed — the other eurozone governments were a little less sympathetic, partly due to public pressure, and the Greek government was more radical than ever.

Powell and Sbaihi also noted that the public finances of Portugal are among the most fragile in the eurozone.

Meanwhile, Italy's referendum this upcoming Sunday threatens — if Italians reject the reform proposals — to set in motion a chain of events that could result in that country leaving the Eurozone.

The news of missed debt payments by Espirito Santo International also comes on the heels of discouraging economic data out of the eurozone.

The eurozone's recovery from the sovereign debt crisis has been about improving situations in the economic bloc's peripheral economies like Italy and Portugal, and this new batch of uncertainty in Portugal's financial sector is not sitting well with investors.

But Italy's current debt load is quite high, and the country's leaders surely won't relish the opportunity of going into the next recession as the weakest and most indebted in the eurozone.

He tells broadcasters that if eurozone leaders don't address the crisis properly we will see a meltdown as soon as later this month.

«We have revised up our 2018 growth forecasts for both the US and the eurozone on the back of recent Q4 GDP prints and the momentum going into Q1 2018,» Mortimer - Lee wrote in his monthly outlook.

Surely, an exit from the eurozone and a subsequent currency devaluation would be traumatic for both countries, likely leading to a deep recession.

The EU might — just — survive an Italian - led assault on the eurozone.

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.

The news has also spooked investors who are concerned about how uncertainty in the Spanish and Portuguese financial sectors could impact assets across the eurozone.

We would therefore mostly expect a «freeze» in terms of integration even though some areas may well see further headway (e.g. for existing initiatives in various areas, including banking union, capital markets union or energy union or some movement towards a Eurozone chamber in the European Parliament).»

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.

This backdrop makes policy progress very unlikely as domestic politics drive the agenda [leading to] limited room for country - level structural reform [and] little progress toward EU or eurozone reform or integration.»

There's more to the eurozone than just Greece, Italy and France.