Greece Fiscal Deficit
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Tourists Urged to Take Cash if Visiting Stricken Greece
Tourists heading for Greece were urged to take enough cash with them to last their entire stay as Athens announced banks would be closed Monday in a deepening financial crisis.
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Asian stocks lack impetus as fiscal cliff clouds outlook
Asian stocks edged up on Wednesday but global equities lacked the impetus for a decisive rebound, with European shares set to fall as investors continue to fret over the United States' looming "fiscal cliff" and the euro zone's intractable crisis.
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Avoided derailment of recovery process in Europe: Lagarde
"Change is in the air", Christine Lagarde, managing director at IMF told reporters in Delhi. She says China and India are big drivers of global growth. Lagarde is concerned about rising oil prices, India’s high fiscal deficit and infrastructure bottlenecks and US debt. In an interview with NDTV’s Vikram Chandra, she said that the European crisi...
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European states sign new fiscal treaty
The leaders of 25 European states on Friday signed a new treaty designed to prevent the 17 euro countries from living beyond their means and prevent a repeat of the currency union's crippling debt crisis.
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Asian markets lower on Greek debt fears
Asian stock markets extended a sell-off Tuesday, following a dismal session on Wall Street that was sparked by the revelation that debt-strapped Greece would not be able to reach a target for reducing its budget deficit. Japan's Nikkei 225 index fell 1.5 percent to 8,415.05 in early trading. South Korea's Kospi index plunged 4.4 percent, wh...
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Tourists Urged to Take Cash if Visiting Stricken Greece
Tourists heading for Greece were urged to take enough cash with them to last their entire stay as Athens announced banks would be closed Monday in a deepening financial crisis.
-
Asian stocks lack impetus as fiscal cliff clouds outlook
Asian stocks edged up on Wednesday but global equities lacked the impetus for a decisive rebound, with European shares set to fall as investors continue to fret over the United States' looming "fiscal cliff" and the euro zone's intractable crisis.
-
Avoided derailment of recovery process in Europe: Lagarde
"Change is in the air", Christine Lagarde, managing director at IMF told reporters in Delhi. She says China and India are big drivers of global growth. Lagarde is concerned about rising oil prices, India’s high fiscal deficit and infrastructure bottlenecks and US debt. In an interview with NDTV’s Vikram Chandra, she said that the European crisi...
-
European states sign new fiscal treaty
The leaders of 25 European states on Friday signed a new treaty designed to prevent the 17 euro countries from living beyond their means and prevent a repeat of the currency union's crippling debt crisis.
-
Asian markets lower on Greek debt fears
Asian stock markets extended a sell-off Tuesday, following a dismal session on Wall Street that was sparked by the revelation that debt-strapped Greece would not be able to reach a target for reducing its budget deficit. Japan's Nikkei 225 index fell 1.5 percent to 8,415.05 in early trading. South Korea's Kospi index plunged 4.4 percent, wh...
