Markets plunge with renewed...

April 23, 2012

As political tensions in France, the Czech Republic and the Netherlands escalated, the FTSE 100 fell by 2% which is causing renewed fears over the stability of the eurozone and the single currency. Ma...

Greece once again close to d...

March 07, 2012

It appears as though once again Greece is on the precipice of defaulting on international loans as less than half of the country’s creditors voted in favour of a £172 billion bond swap. Along with...

Fitch to announce eurozone r...

January 10, 2012

Fitch has announced that by month’s end they would release “ratings watch negative” on six eurozone countries which include Ireland, Spain, Italy, Belgium, Cyprus and Slovenia. Each of these cou...

Banks hoarding ECB cash caus...

December 31, 2011

There are actually two things to be concerned with in the recent news about the Euro (single currency) hitting a decline which is the lowest in 11 months against the US dollar and the Japanese yen, th...