Thursday, 17 May 2012 Moody’s Investors Service downgraded 16 of Spain’s leading lenders including Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s biggest banks, cut three levels blamed on recession in the country and mounting loan losses. Santander’s U.K. - based subsidiary also was cut.
Monday, 14 May 2012 If Greece does not respect the rules for the euro area, it is perhaps better that the country leaves the euro. This applies to all clubs and all organizations – this what is being openly said about Greece at the moment as the country struggles both internally and externally to stand.
Tuesday, 17 April 2012 Germany and Spain are a huge contrast when it comes to harder workers in Europe. Germany enjoys the lowest unemployment in recent years while don’t know what to do with all the unemployed people it has.
Sunday, 01 April 2012 The healthcare cost in England is to increase by £0.25pound to £7.65 as Health Minister, Simon Burns outlined earlier. For those who are exempted however, it will mean that 90 percent of prescription items will be dispensed free. Desperate Britain back in recession Thursday, 29 March 2012 The UK economy will contract in the first three months of 2012, taking the country back into recession, according to the Organisation for Economic Co-operation and Development (OECD).
Monday, 26 March 2012 The British economy has stagnated and the Prime minister, Cameron has deviated from many previous pre-election promises. Then it emerge that his party collects lots of money from very wealth people to give them access to him and to enable them influence government policy. This has given us a thought and we have asked the question - how do governments democratically make policies?
Friday, 23 March 2012 French Finance Minister Francois Baroin Thursday raised the government's 2012 growth forecast after national statistics bureau Insee updated its forecasts, indicating France will avoid recession.
Thursday, 22 March 2012 Preliminary purchasing managers' index for March shows unexpected declines in industrial operation in China and the EMU. The Chinese index fell for the fifth consecutive month as the in France and Germany which in these cases was steep.
Tuesday, 03 January 2012 Unemployment in Germany has fallen to a record level. According to statistics published today, the unemployment rate in Europe’s biggest economy last year recorded the lowest level in 20 years.