Italy credit downgrade may undermine Euro zone
Article Abstract:
Italy's credit rating has been downgraded by Standard & Poor's and Fitch Ratings because the economy is underperforming. Italy posted no financial growth last year compared with an average of 1.3 percent for other European countries. The low economic performance may negatively effect the rate of the Euro currency.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Euro zone may take break on rates: after next expected rise, ECB could follow the Fed and stay at 'neutral' level
Article Abstract:
The European Central Bank is considering keeping interest rates at a neutral level, following the lead of the United States Federal Reserve Board. The European Central Bank has raised rates 5 times in the past 10 months.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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European Central Bank raises key rate
Article Abstract:
The European Central Bank has raised interest rates to 3.75%, and has expressed confidence in Europe's continued strong economic growth. More key rate increases may follow within the year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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