17 June, 2015 by The TZ Newswire Staff Comments Off on Barring miracle, no Greece deal expected tonight
Barring miracle, no Greece deal expected tonight
Finance ministers from the 19 euro nations are travelling to Luxembourg Thursday to talk Greece and the stakes couldn’t be higher.
17 June, 2015 by The TZ Newswire Staff Comments Off on Europe Markets: European stocks at four-month low ahead of Eurogroup meeting on Greece
Europe Markets: European stocks at four-month low ahead of Eurogroup meeting on Greece
European stocks head for the lowest level in four months as hopes fade Greece and its European lenders will reach a much-needed bailout deal at the closely watched Eurogroup meeting.
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17 June, 2015 by The TZ Newswire Staff Comments Off on Tsipras says ‘blind insistence’ on pension cuts would worsen crisis
Tsipras says ‘blind insistence’ on pension cuts would worsen crisis
The “blind insistence” on cutting Greek pensions will only worsen the country’s already dire financial crisis, Greek Prime Minister Alexis Tsipras wrote in a German newspaper commentary on Thursday. In a guest column for Der Tagesspiegel newspaper in Berlin, Tsipras also rejected the “myth” that German taxpayers are paying Greek pensions and wages. “The blind insistence of cuts (in pensions) in a country with a 25 percent unemployment rate and where half of all the young people are unemployed will only cause a further worsening of the already dramatic social situation,” Tsipras wrote.
17 June, 2015 by The TZ Newswire Staff Comments Off on Tech-lash? Coders could be as hated as bankers
Tech-lash? Coders could be as hated as bankers
People who work in technology could become as hated as bankers, a top U.K. lawmaker has warned, as employees in the sector get richer.
17 June, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar extends losses after FOMC meeting
Currencies: Dollar extends losses after FOMC meeting
Dollar’s upside is capped by the Fed’s continued caution over raising rates and possible jaw boning from U.S.
17 June, 2015 by The TZ Newswire Staff Comments Off on Euro to rise against Swiss franc: Strategist
Euro to rise against Swiss franc: Strategist
Vasileios Gkionakis, head of global fx strategy at Unicredit, says a euro recovery will push the currency higher against the Swiss franc by year-end.
17 June, 2015 by The TZ Newswire Staff Comments Off on Why I won’t lower rates ‘fast’: Russia Central Bank
Why I won’t lower rates ‘fast’: Russia Central Bank
Those expecting further swingeing interest rate cuts from Russia as the country’s inflation slows, may be disappointed.