Eurozone

Austerity in Europe is Also a Legal Concern

Published by Filipe R. Costa on Tue, 09/04/2013 - 10:39
passos coelho

Daily Market Commentary for April 9: The EZ economy continues to sink pushed by itself. Besides being a political, social and economical issue, the EZ austerity is now also a legal problem with the Portuguese Constitutional Court rejecting government plans to cut personal income.

Deposits May Be at Risk

Published by City Blaster on Fri, 05/04/2013 - 10:07
miguel relvas

Daily Market Commentary for April 5: While the ECB added nothing to its current monetary policy, PMI data shows a sinking Europe, which now includes Germany. Will we be able to recover from this dormant state? Sure we will. I just don’t know when.

Please Pay in Cash

Published by City Blaster on Thu, 28/03/2013 - 13:22
cash is king

Daily Market Commentary for March 28: Cash is king! That’s something Cypriots will have in mind today as tight capital controls apply to their deposits. Banks reopened but the economy will struggle soon, as money will be drained from it.