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Tag Archives: Euro

ECB starts “quantitative easing” (QE) (6 March 2015)

6 Mar 2015
ECB Governing Council in Nicosia, Cyrus; Source: European Central Bank 2015
Following the Governing Council meeting of the European Central Bank (ECB) in Nicosia, Cyrus, the ECB said it would start its QE programme next week. The scheme will have an estimate of total scale of €850 billion, from next week...
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Business, BUSINESS, News on the EU ECB, Euro, QE

Agreement between Greece and Troika (25 Feb 2015)

25 Feb 2015
Mr Jeroen DIJSSELBLOEM, President of the Eurogroup.
Source: European Council 2015
Eurozone finance ministers have approved the reform proposals submitted by Greece on 24 February. Greece was last Friday requested by Troika to submit a proposal in order to obtain an extension of bailout fund for additional four months. Subsequent to...
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Business, BUSINESS, News on the EU ECB, Euro, Greece, IMF, Troika

Eurozone meeting concerning Greece (17 Feb 2015)

17 Feb 2015
Source: European Council 2015
The Eurozone finance ministers meeting, on 16 Feb, with regard to the topic of Greece’s future bailout broke down as the Greek finance minister, Yanis Varoufakis objected the proposal to extend its bailout programme for another six months. The current...
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Business, BUSINESS, News on the EU Euro, Eurozone, Greece

Podemos Party in Spain (16 Feb)

16 Feb 2015
Alexis Tsipras and Pablo Iglesias at a Syriza rally this month. Yannis Behrakis / Reuters
On 31st January, more than 100,000 supporters participated in a mass rally in Madrid organized by Podemos, a Spanish radical left party. The so-called “March for Change” rally is the first mass rally held by the party, following the recent...
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Business, BUSINESS, News on the EU Euro, Eurozone, Greece, Podemos, Spain

Far-left Syriza won in the Greek Election (26 Jan 2015)

27 Jan 2015
Source: Lorenzo Gaudenzi
The radical left party Syriza won Greece’s general election on 25 January 2015, getting 149 out of 300 seats in the Parliament, 2 seats short of an absolute majority. It formed a governing coalition with the right-wing party Greek Independents,...
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Business, BUSINESS, News on the EU Euro, Eurozone, Greece

ECB’s Bonds-Purchasing Programme (26 Jan 2015)

26 Jan 2015
Source: ECB
The European Central Bank (ECB) has announced, on 22nd January, its large scale bonds purchase scheme, also known as quantitative easing (QE). Starting from March this year, the ECB will buy €60 billion bonds each month from financial institutions by...
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Business, BUSINESS, News on the EU Euro, Eurozone, QE

Deflation in Euro (12 Jan 2015)

12 Jan 2015
Source: Eurostat
  Latest official estimate has shown that the Eurozone inflation is negative 0.2% in December 2014, indicating that it has entered into deflation for the first time in more than five years. The negative figure is mainly driven by a...
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Business, BUSINESS, News on the EU Deflation, Euro

Upcoming election and uncertainty in Greece (5 January 2015)

5 Jan 2015
Alexis Tsipras @ Piazza Maggiore
Flickr: lorenzogdnz/
European financial market experienced agitating turbulence in recent weeks following a setback of the Greek Prime Minister Antonis Samaras in a Parliament voting on 29th December. Failing to elect Stavros Dimas as the next president with 12 votes short of...
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Business Euro, Eurozone, Greece, Greek Election

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