News Archive: economics

27, 2011 October:

Leaders agree eurozone debt deal after late-night talks

European leaders have reached a "three-pronged" agreement described as vital to solve the region's huge debt crisis.

26, 2011 October:

EU crunch time: Your real estate escape routes

The world is watching Brussels today, where EU leaders are meeting to discuss the eurozone debt crisis. Disagreements between countries have fuelled fears that the crisis will only continue, but as property prices, taxes and demand fluctuate, careful buyers can still make a sound investment. It's crunch time for the EU, so where are your real estate escape routes?

25, 2011 October:

Video: Finance ministers meet to discuss Euro bailout fund

European finance ministers met last Friday, followed by a meeting of ministers from all 27 European Union countries on Saturday.

05, 2011 September:

Barroso says Europe will avoid return to recession

Europe will not slide back into recession, and the euro remains "strong and resilient", the president of the European Commission has said.

30, 2011 August:

European stocks advance for second day amid speculation growth to continue

European stocks advanced for a second day amid speculation the global economy will continue to grow.

29, 2011 June:

Institutional investment in property trebles in France

French institutional exposure to real estate trebled over the past 12 months, according to the European Institutional Asset Management Survey (EIAMS) conducted by IP Real Estate's sister publication Investment & Pensions Europe.

20, 2011 June:

Euro-zone wage growth picks up

The increase in wages and other labor costs accelerated in the euro zone during the first quarter of 2011, although wages continued to fall in Greece and Ireland—two members that are grappling with fiscal crises.

13, 2011 May:

European real estate offers attractive potential returns

Invesco Real Estate believes that the Central and Eastern European markets are forecast to deliver the strongest medium term returns on the back of +3% GDP growth.

11, 2011 April:

Sarkozy should ready curbs for housing bubble, OECD says

President Nicolas Sarkozy’s government should consider curbing mortgage lending to counter rising home prices in France, the Organization for Economic Cooperation and Development said.

07, 2011 April:

European Central Bank raises interest rates

The European Central Bank lifted interest rates for the first time in almost three years to quell inflation even as Portugal became the third nation to succumb to the region’s sovereign debt crisis.

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