Sentences with phrase «other euro countries»

With this guarantee, there was little incentive for these countries, beyond exhortation from other EURO countries, to control their deficits and debt or to implement structural changes in labor and product markets needed to make their economies competitive.

Not exact matches

More to the point, Dutch Prime Minister Mark Rutte spoke last Friday in the name of seven other countries — forcefully rejecting the French ideas of a euro zone finance minister and a heavy and expensive institutional buildup.
In addition, Spain's rating — as well as the ratings of other euro area countries — could be adversely affected if the risk of a Greek exit from the euro area were to rise further.
The European Commission, which negotiates on behalf of the other European countries, has said that the U.K. will have to pay about 60 billion euros before leaving the EU.
For many other European countries, their economic independence and flexibility died the day they joined the euro.
And that, in turn, could undermine confidence in the banks of other troubled euro zone countries.
While Germany has managed to stay ahead of the rest, the other countries are less competitive as a result of the «retrenchment» the euro zone is currently experiencing.
While China is usually singled out for its policies, other countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest in history, were built primarily on an undervalued currency, after the creation of the euro, and on weak wage growth, after the 2003 — 05 labor reforms.
Europe is threatened with a similar effect as a result of other countries moving into euros.
In sum, the U.S. payments deficit and central bank movements out of the dollar, aggravated by U.S. military activity in Iraq and other countries, may indeed trigger a shift of international currency holdings into euros.
PARIS (Reuters)- Finance ministers of other southern euro zone countries on Wednesday talked up the chances of reaching a cash - for - reforms deal with Greece, with Spain's Luis de Guindos saying he was certain it would happen.
Portugal, like Spain, has been among the euro zone countries that have been most insistent on Greece committing to deep reforms, like other recipients of bailouts in the region have done.
Given the prospects of continued slow growth in the EURO area, the U.S. the UK, Japan and other G - 20 countries, this may not be good bet.
If so, would this be a mechanism through which China could reduce its US Treasury holdings by transferring them to other countries as payment for Euros with which to invest?
Entirely dependent on billions of euros worth of international rescue loans from other European countries and the International Monetary Fund, Greece must impose yet more austerity measures next month, if it is to keep the money flowing and prevent a default and a potentially disastrous exit from the euro.
Germany and other northern European countries see the cleaning up of euro zone banks» balance sheets as a necessary precondition to a pan-European deposit insurance scheme.
These countries are already at the stage where they are forced to sell their dollars for euros and other Group of 10 countries» currencies and gold to diversify their foreign exchange risk, which adds to the dollar's decline, he says.
The evidence in other countries (U.K. and the EURO) is that balanced budget legislation has not worked.
Greece has a new government, led by left - wing, anti-austerity Syriza — an event that has heightened fears about the country's economic future and relationship with the other 18 countries that use the euro.
Global economic conditions have improved over recent months, with stronger economic data emerging in the US, Japan and most other countries in east Asia, though the euro area remains weak.
The currencies of most other developed countries have also appreciated substantially against the US dollar in recent months, as they have generally tended to move in line with the euro.
The deal also doesn't directly address the debt problems in other struggling countries that use the euro.
In addition, many companies in those lands financed their domestic businesses by borrowing Swiss francs, euros and other hard currencies at lower rates than in their own inflation - prone countries.
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro slumped to a four - month low in the aftermath of the bailout of Cyprus, as market participants worried about the implications for other countries on the periphery of the eurozone.
It could cause the euro to rise in value against other currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs for indebted governments in the 19 - country eurozone.
Other proposals include a statement in law for the first time that the euro is not the EU's only currently, that non-eurozone countries do not have to bail out countries using the euro, and that Britain will not have to engage in «ever - closer union» aiming for «a common destination».
If the euro implodes, the UK will be as damaged as any other country by the economic and political shockwaves — but Cameron, and Clegg, have chosen to sit on the sidelines admonishing Merkel and Sarkozy.
If the euro - zone countries do give in, the pressure for reform will also decline in the other crisis - ridden countries.
A mere six billion Euros is earmarked for tackling unemployment among young Europeans in countries under the greatest economic strain, and around eighty billion is deemed enough to bolster research and innovation — an area in which Europe lags behind other parts of the world.
Older children might wish to explore the links with other countries and... the Euros are just around the corner.
The rest of Europe has access to an English - language version of the Game Store with prices in Euros, while other countries can buy from a global storefront that accepts U.S. dollars.
In western Europe, HUAWEI's market share in the high - end smartphone market (phones priced between 400 to 500 Euros) achieved outstanding results, and the company ranked in the top three in market share in Spain, Italy, Belgium, Switzerland, Portugal and several other countries.
However, it will be hitting eighty other countries in spring for 299 euros (US$ 335).
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