Latest News
Downgrade For 16 Spanish Banks
[18 May 2012] - Downgrade For 16 Spanish Banks. Moody's has cut the credit ratings of 16 Spanish banks, which is a further blow to Spain as they continue to struggle with bad debts of its banking sector. The ratings agency also cut the debt rating of Santander UK. It comes after shares lender Bankia ... More...
Spain Borrowing Costs Rise Today
[17 May 2012] - Spain Borrowing Costs Rise Today. Spain's borrowing costs look set to rise today when the country's treasury sells up to 2.5bn ... More...
Greece Pays Bond Swap Debt Rejectors
[16 May 2012] - Greece Pays Bond Swap Debt Rejectors. What this means? Greece renegotiated its debts last year and technically devalued them, making many ... More...
Italian Banks Downgraded
[15 May 2012] - Italian Banks Downgraded Moody's Investors Service has downgraded the long-term debt of 26 Italian banks by one to four notches. All ... More...
Spanish Banks Forced Reserves Increase
[14 May 2012] - Spanish Banks Forced Reserves Increase. The Spanish government is to force ... More...
Budget Will Boost Growth In Spain
[11 May 2012] - Budget Will Boost Growth In Spain. According to Spain’s Secretary of ... More...
€1bn Greek Bailout Money Held Back
[10 May 2012] - €1bn Greek Bailout Money Held Back. Following a majority of Greeks ... More...
Greece Wants Out Of Euro
[09 May 2012] - Greece Wants Out Of Euro. Alexis Tsipras, the leader of Greece's ... More...