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The British Pound posted gains against the Euro this afternoon after German officials crushed any thoughts that quick decisions would be made at the ongoing European Summit. The officials comment mirrors that of Chancellor Angela Merkel who [...]

The Euro has fallen against the Dollar for the third day in a row after hitting a two week low yesterday. Investors are remaining cautious ahead of tomorrow’s key EU summit with most expecting no new plan to be unveiled. Despite the rhetoric [...]

In a shocking twist to the Eurozone saga European leaders have actually come up with some sort of plan, unfortunately it is not expected to bear much fruit for another ten years…oh. The leaders drafted the radical plan ahead of the EU [...]

Continuing concerns over the Eurozone crisis and falling growth in Asia have caused investors to flock to the safe haven currencies of the US dollar and Japanese Yen. Confidence amongst financiers is at a low before Thursday’s meeting of European [...]

The latest round of Greek elections allowed Antonis Samaras to form a coalition government with a narrow victory over the anti-bailout SYRIZA bloc. After being sworn in on Tuesday Samaras restored a minor degree of security to the country, but [...]

The epic Greek saga of the June 17th elections appears to finally be nearing an end after New democracy’s leader Antonis Samaras was sworn in as the new prime minister of Greece. In a ceremony held at the presidential palace Samaras pledged [...]

Sterling has dropped against the Euro after the latest inflation figures were released by the office of national statistics. The report shows that the consumer price index inflation figures for May showed a shock contraction in the rate of price [...]

The weekend’s Greek elections saw the pro-bailout party New Democracy come out on top. Antonis Samaras the party’s leader now has the task of forming a coalition government strong enough to push through austerity measures needed for the [...]

A report released today shows that the United States economy is beginning to see a slowdown in its recovery following ongoing concerns over Europe and parts of Asia, sparking concerns that a global recession is on the cards. Industrial output [...]

In what seems like a never ending trip down disaster/crisis road, today saw records being broken by the Spanish, And not the good Guinness book of world record type of record. Spain’s cost of borrowing has surged to the alarming level of 7% [...]