Fox Business - The Power to Prosper
Search Site

Euro Breakup

Related Topics

  1. Greek Devaluation
  2. Euro Bailout Fund
  3. Crisis in Cyprus
  4. Bank Tax
  5. Fiscal Cliff
  6. Front Page
Get updates on Euro Breakup
Energy Costs Squeeze European Industry

Business leaders from across Europe met in Brussels on Thursday to discuss--among other things--a proposal from the European Commission to "reindustrialize Europe." The idea is to raise the share of industry in the region's economic output to 20% by 2020, from 15.6% now.Some executives at the annual European Business Summit, however, viewed the target as not much more than a vain hope. The real challenge they say is to prevent further deindustrialization of the continent.The problem faced by European industry derives from more than the fact that, as new figures this week emphasized, their home markets are mired in the longest recession since World War II. It is that many companies are stuck in a competitive vise.On the one hand, they face challenges from U.S. industry, revitalized by falling energy costs thanks largely to the successful exploitation of shale gas. On the other, there are the formidable Chinese exporters supported by bountiful cheap government credit and low-price inputs...

Read More ›

  1. Watch what central bankers say, not what they do

    Central banking is in a state of flux as policymakers from Tokyo to Washington ditch prevailing orthodoxies to try to grab a bigger share of a slow-growing global ec...

  2. ECB Resolve Eases Eurozone Breakup Fears

    Less than nine months ago, credible investors around the world were bracing for a calamitous breakup of the debt-ridden eurozone that would send the global economy i...

  3. Chances of euro zone break up tumble since mid-2012 -survey

    The prospects of a country being forced to leave the euro zone have all but vanished since the middle of last year, a survey released on Monday showed.The poll of 95...

  4. Chances of euro zone break up tumble since mid-2102 -survey

    The prospects of a country being forced to leave the euro zone have all but vanished since the middle of last year, a survey released on Monday showed.The poll of 95...

  5. Bankers, policymakers say Europe's crisis not over

    DAVOS, Switzerland (Reuters) - International bankers and finance ministers warned on Saturday that Europe's crisis was not over even though the euro currency is now ...

  6. Where's the growth? Euro zone still lacks investor appeal

    DAVOS, Switzerland (Reuters) - Encouraged by the euro zone's resilience last year in the face of severe doubts about its survival, some outside investors have snappe...

  7. Euro zone surveys to offer hope as Japan eases

    The prospect of stronger European manufacturing surveys and decisive monetary easing in Japan this week ought to bolster confidence that the global economy can look ...

  8. Businesses hopeful in euro zone, but joblessness rises

    Business morale in the euro zone improved again in December, but unemployment hit a new record and households held back from spending before Christmas, suggesting th...

  9. European Shares Cool Down After New Year's Rally

    European shares dipped on Monday after hitting a near-two year high early in the day with banking shares rising on the decision by global regulators to ease new liqu...

  10. Equities rally as U.S. "cliff" deal nears; oil up

    Wall Street rallied on Monday and global equities finished their best year in the last three as U.S. lawmakers closed in on a deal to avoid a budget crisis that many...

  11. Global shares up on hopes U.S. to avoid "fiscal cliff"

    Wall Street rallied on Monday and global equities headed for their best year in the last three as U.S. lawmakers closed in on a deal to avoid a budget crisis that ma...

  12. Euro doomsayers adjust predictions after 2012 apocalypse averted

    Back in May, as the euro zone veered deeper into crisis, Nobel Prize-winning economist Paul Krugman penned one of his gloomiest columns about the single currency, a ...

  1. ECB's Nowotny Says Quality Key to Supervisory Mechanism

    Quality and not meeting deadlines should be the priority regarding the start of the European Single Supervisory Mechanism, a member of the European Central Bank's Go...

  2. Investors wary of "slow panic" on growth after Cyprus rescue

    World markets have reacted calmly to the twists and turns of Cyprus's financial rescue in the last fortnight but many investors fear the economic fallout is yet to c...

  3. Analysis: Cyprus rescue raises new questions about euro's long-term survival

    The messy deal to bail out Cyprus has averted the latest threat to the break-up of the euro but at the cost of raising new questions about the single currency's long...

  4. Cypriots Prefer Euro-zone Exit Over EU Tax: Report

    An overwhelming majority of the citizens in Cyprus would rather leave the euro zone than accept an unprecedented levy on bank deposits as part of bailout package, Gr...

  5. Markets Don’t Like Italy’s Election Results

    George Mason University’s Veronique de Rugy discusses why the Italian President is impacting markets.

  6. Euro zone economy to shrink again in 2013, EU says

    The euro zone will not return to growth until 2014, the European Commission said on Friday, reversing its prediction for an end to recession this year and blaming a ...

  7. Eurozone Economy Forecast to Shrink in '13

    The euro zone will not return to growth until 2014, the European Commission said on Friday, reversing its prediction for an end to recession this year and blaming a ...

‹ Prev1234Next ›
Freebase CC-BY
Source: Euro Breakup on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL