Not exact matches
Currency, eur,
Eurozone Final Services PMI,
Eurozone Retail Sales, Forex News, French Final Services PMI, French
Government Budget Balance, French Trade Balance, German Final Services PMI, Italian Services PMI, Market Pulse, Spanish Employment Change, Spanish Services PMI, US Average Hourly Earnings, US FOMC Member John Williams, US FOMC Member Randal Quarles, US FOMC Member Raphael Bostic, US FOMC Member William Dudley, US Nonfarm Employment Change, US Unemployment Rate, usd
In light of the considerable uncertainty around the economic and fiscal outlook, including the risks posed to economic recovery by ongoing financial tensions in the
eurozone and against the backdrop of a still large structural
budget deficit and high and rising
government debt, the Negative Outlook indicates a slightly greater than 50 % chance of a downgrade over a two - year horizon.»
Despite the good intentions of its creators, the idea of setting up a permanent international body competent to grant financial assistance (amongst other things) to
eurozone members in financial difficulties goes somewhat against the foundations of the Economic and Monetary Union, which aims at ensuring price stability through sound
government budgets.
Everywhere — the
Eurozone, the US, Canada, Australia —
government budgets are being cut and court
budgets are not being left out.