European Crisis

Europe needs to take a stand

Europe’s key challenge isn’t its common currency, says Jens Larsen, chief European economist and managing director for RBC Capital Markets.

By Jacqueline Louie |May 30, 2012

2 min read

Economic Indicators

The fate of Greece matters: IIF

Charles Dallara, head of the Institute of International Finance, wrote up a to-do list for the Eurozone this past Friday, which may help Greece stay put.

By Staff |May 28, 2012

1 min read

Economic Indicators

Greece lightning strikes again

Canadian investors were treated to a shortened week thanks to the Victoria Day holiday, but equity markets couldn't escape the continuous banter and woes surrounding Greece and its unstable future.

By Gareth Watson |May 28, 2012

5 min read

Economic Indicators

Greece’s exit would be welcome

In the four weeks following the Greek and French elections, global markets were sent on a roller coaster ride. Read: Frances left turn wreaks havoc on markets And now, anxiety over the fate of the Eurozone has intensified as investors focus on the upcoming second election in Greece, which takes place on June 17. The […]

May 25, 2012

3 min read

Moody’s downgrades European banks

Moody’s downgraded the debt of 30 Spanish banks today but has so far left the country’s three largest untouched. Higher pressure on Spanish sovereign debt and the number of weak banks in the country prompted the downgrade. The role of smaller and regional banks is declining as the sector consolidates. Moody’s has been planning the […]

May 17, 2012

2 min read

Investors focus on Spain

Prior to the French and Greek elections, the latest developments in Europe mainly revolved around Spain; worries over Spain’s economic situation surfaced after the European Central Bank’s long-term financing operation in February, which helped stabilize the Eurozone, and they have since increased.

May 8, 2012

2 min read

Elections shake up EU economic plans

The dream of a closely integrated European economy appears to be fading. Over the weekend, voters in France and Greece booted out the leaders who have struggled to contain the European sovereign debt crisis and end the Eurozone recession.

By Staff |May 7, 2012

2 min read

European Crisis

Europe needs to take a stand

The fate of Greece matters: IIF

Greece lightning strikes again

Greece’s exit would be welcome

Moody’s downgrades European banks

The Eurozone won’t collapse

Spain to bail out failing bank

Europe recovery to remain difficult

Investors focus on Spain

Elections shake up EU economic plans