Euro accounts may rise if ECB raises interest rates
According to the Financial Times, the euro has climbed against the dollar due to speculation that the European Central Bank could raise rates because of inflationary pressure due the prices of...
View ArticleDenmark Intends to Match ECB Interest Rate Rise
According to Reuters, the Danish Central Bank would move toward the increased rates proposed by the European Central Bank (ECB). If this is the case, uncertainty remains regarding whether the central...
View ArticleEuro at a Fifteen-Month High Based on Rates Gains
As previously anticipated, the European Central Bank has moved its key interest rate to 1.25 percent. As a result the Euro-Zone’s yield potential currently overshadows the US, Great Britain, and Japan....
View ArticleIrish Homeowners and Businesses Awaiting the Effects of the ECB Rate Increase
The Irish economic situation has been particularly adversely affected by the global financial crisis, borrowing roughly €132 billion from the European Central Bank (ECB) as of April 8, 2011 according...
View ArticleEuropean debt leads to deposit outflows for Italian and Spanish banks.
The European debt crisis has impacted deposits held in European banks including Italy and Spain. Their was double digit deposit outflows from Spanish and Italian banks in 2011. This has led to Italy,...
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