Stock Markets upbeat after Cyprus Bailout news breaks-out


Stock markets, globally, have exuded confidence after Cyprus has agreed on adopting the supposed measures critical for saving its economy as well as dissociating itself from the European Union. The development wasn’t taken up sportingly by all the European countries, where Germany welcomed the decision, Russia had concerns over the possible problems that it shallContinue reading “Stock Markets upbeat after Cyprus Bailout news breaks-out”

Banking Union to help achieve economic integration of European Union faster says French President Francois Hollande


French President Francis Hollande said in the ongoing EU summit in Brussels that by creating a new banking union in Europe by 1st Jan. In the opinion of French leaders it will help achieve economic integration within Europe at faster rate. Francis Hollande said, “Thanks to this we can advance more quickly and with moreContinue reading “Banking Union to help achieve economic integration of European Union faster says French President Francois Hollande”

Protests over austerity measures turned violent in Greece


Right at the moment when massive salary and pensions cuts were being discussed between the Greek government and international lenders, protests begin in central Athens over the issue. The protests are part of the nationwide strike being called by the trade unions in Greece. The protest is first to have taken place after swearing inContinue reading “Protests over austerity measures turned violent in Greece”

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”