Sentences with phrase «from eurozone countries»

Staff economists blamed pressure from eurozone countries protecting their own «banks [that] held too much Greek government debt.

Not exact matches

Surely, an exit from the eurozone and a subsequent currency devaluation would be traumatic for both countries, likely leading to a deep recession.
The eurozone's central bankers, as well as some of the less charitable politicians in the region's lending countries, say Spain must first request that money from the central bailout funds and agree to stringent conditions in return for support.
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.
Since then, French ministers and EU officials since have repeatedly suggested that clearing of euro - denominated trades should move from London to a eurozone member country post-Brexit.
Despite the backlash, the SNB will face from those who are nursing potential losses that could run into billions, many analysts thought the decision was inevitable in light of next week's expected announcement by the ECB to break new ground in its efforts to inject life into the ailing 19 - country eurozone economy.
The extent of the fallout is anybody's guess, but Greece could see the value of its bonds plummet, putting its banks in crisis, and ultimately the country could be ejected from the Eurozone.
Bond yields in some eurozone countries hit new lows, including countries that might benefit most from the central bank's program.
Programs of quantitative easing by the Federal Reserve in the United States and by the Bank of England in Britain have helped the economies of those two countries recover from the global financial crisis more successfully than the eurozone has been able to.
Those negative forces include a drop in demand for eurozone exports from emerging countries like China, unstable financial markets, and a decline in confidence among consumers and business managers.
The draft legislation is the latest in a series of income cuts, tax hikes and reforms imposed on austerity - weary Greeks since 2010, when the debt crisis exploded that brought Greece to the brink of bankruptcy and expulsion from the eurozone — the club of European Union countries that use the euro currency.
Greece's new debt deal would give the country an extra $ 179 billion (euro130 billion) in rescue loans from the rest of the eurozone and the International Monetary Fund - on top of the $ 152 billion it was granted a year ago.
Official figures from Eurostat show that the fall in the eurozone unemployment rate has been painfully slow — declining to 11.1 % in April from 11.7 % a year earlier — and remains much higher in countries like Greece and Spain.
The SPDR EURO STOXX Small Cap ETF tracks an index of stocks from smaller European firms in eurozone countries, selected and weighted by market cap.
BWZ is heavily weighted toward debt from Japan with another large fraction of the portfolio distributed among the Eurozone countries.
In previous German governing coalitions, the country's finance minister has traditionally been provided by the second - largest party in the coalition — in the current negotiations, the FDP — so there was also speculation that prevailing German political opinion was likely to become more resistant to any future proposals from fellow EU members to reform the region's financial markets through a mutual underwriting of eurozone debt.
The index covers 50 stocks from 12 Eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.
LONDON (AP)-- The 19 - country eurozone lost some economic momentum in August, largely because of a slowdown in Germany, a closely watched survey showed Monday, days ahead of another possible stimulus package from the European Central Bank.
The bond purchases were started March 2015 to help the eurozone bounce back from troubles over government and bank debt in several member countries including Greece, Ireland, Portugal, Cyprus, Spain and Italy.
Underlining the health of the German economy compared with much of the rest of the eurozone, an independent bi-annual report produced by a range of economic institutions for the German Economics Ministry raised its forecast for the country's growth in 2016 from 1.6 % to 1.9 %, citing the strength of the labor market and private consumption.
It follows that, differently from what happened in the US — where the various states have imbalances comparable to that of the countries using the euro — the financial market lost confidence in the sustainability of the Eurozone but not in the sustainability of the «dollar - zone».
«The ECJ can not cancel budgetary agreements - however, we hope every constitution from all the 17 countries of the eurozone have a golden rule on deficit that targets equilibrium and balance,» Mr Sarkozy said.
And the crisis of confidence in the ability of Eurozone countries to pay their debts has spread from the periphery to major economies like Italy and Spain.
And lastly, we should also remember that the ECB is the proud owner of close to $ 250 billion worth of sovereign debt from troubled Eurozone countries, mainly Greece, Portugal, Italy and Spain, which it acquired through its Securities Market Program (SMP).
We believe these measures would (i) produce a major shift in the perception of unemployment as a problem of the single market rather than as a strictly national problem, (ii) improve labour markets within the Eurozone, (iii) improve labour mobility in the currency area, particularly from «labour deficit countries» to «labour surplus countries».
But if instead the eurozone want more powers and treaty change to prop up the euro, in return for that we should insist on bringing back powers from this country so we can once again be an independent country trading with Europe but governing ourselves.»
«With more than 75 % of construction products exports being absorbed into the European market, recent forecasts from the OECD indicating a slowdown in key Eurozone countries, such as Germany and France, potentially threaten prospects of further growth for product manufacturers.
Channel 4 News Political Editor Gary Gibbon writes - We now have a draft statement from the French and the Germans which is about to be put to the other Eurozone countries.
It is important to remember that the two countries come at this issue from completely different perspectives — for the UK, in addition to practical budgetary considerations, the contribution to the EU budget carries great symbolic resonance, while in Germany it is seen as an unwelcome distraction given the wider problems within the eurozone.
«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.»
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?
I realise that countries inside the Eurozone may not relish advice from countries outside it - especially from countries, such as Britain, with debts and difficulties of their own.
He is advising European leaders to: reassess the current plan in Greece - which will reportedly see its debt at 120 per cent of its GDP by 2020 -; recapitalise banks in struggling eurozone economies; and allow the European Central Bank to buy bonds from distressed countries.
The following countries from Eastern Europe are members of the EU but not of the Eurozone: Bulgaria, Croatia, Czech Republic, Hungary, Poland, and Romania.
Previously, when asked about his customers, Peter Smith, CEO of Blockchain.info told that most new users came from countries such as Argentina and «the periphery of the eurozone» where many people have lost their trust in local financial systems.
For starters, Greece represents only 2.0 percent of the Eurozone GDP, and while some international investors, such as those from Canada and Germany, have been especially active in the U.S. commercial real estate markets recently, we haven't seen a lot of Greek money flowing into this country over the past few years.
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