EU Summit: Compromise Deal On Eurozone Bank Supervisor
EU leaders have agreed to set up a single eurozone banking supervisor - a major step towards a banking union. A…
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eurozone
Sukuk Demand May Jump 300%
The global demand for Islamic bond, known as sukuk, is expected to jump 300 per cent to $900 billion by 2017,…
Fitch Says No Downgrade If Spain Seeks Full Bailout
Fitch Ratings said on Friday it would not downgrade Spain’s credit rating if it seeks a full-blown sovereign…
Dubai Property Deals Reach Dh63bn In H1
Property transactions in Dubai jumped 21 per cent to Dh63 billion in the first half of 2012 compared to the same…
Citigroup’s Posts $ 2.9 billion Profits for H1, 2012
Despite The ongoing financial crisis “European sovereign debt crisis” as well as the political tensions witnessed…
UK Warned About Econ. Shortcomings Price
British Shadow Chancellor Ed Balls has warned that the UK is to pay a "heavy long-term price" unless the coalition…
Spanish Borrowing Costs Rise Ahead Of Euro Summit
Spanish and Italian 10-year bond yields have been rising ahead of a summit of eurozone finance ministers on Monday.…
Eurozone Jobless Rate Hikes
New data released by the European Union show that the unemployment rate in the eurozone hit a record high of 11.1…
Italy, Spain Block Key European Deal On Growth; EU Summit
Cash-strapped Italy and Spain have closed ranks and blocked a key EU deal on growth as the European bloc convenes…
25% of Spain Population Lives Below Poverty Line: New Report
A recent report released by a Spanish institution says 25 percent of Spain’s population lives below poverty line, 2…
