European Union’s outlook changed from “stable” to “negative” by Moody


Credit Rating agency Moody has downgraded the rating for European Union to “negative” in the Aaa category as a result of downgrading some of the major economies falling in the league. The statement from Moody’s announcing the decision reads, “The negative outlook on the EU’s long-term ratings reflects the negative outlook on the Aaa ratingsContinue reading “European Union’s outlook changed from “stable” to “negative” by Moody”

Worsening job situation in Spain


Spain has been performing quite consistently poor on the job front in the Eurozone from the past few days. The recent report from Eurostat reveals that there are as much as one out of every four person from Spain is unemployed. For younger members of the workforce, the situation is even worse as unemployment forContinue reading “Worsening job situation in Spain”