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Tag Archives: Eurozone Economy

Overnight Market News – November 13, 2009

13-Nov-09

Eurozone Economy Exits Recession in Third Quarter, Grows 0.4% Compared with Previous Quarter British Airways PLC, Iberia Lineas Aereas de Espana SA Agree to USD 7B Merger Citigroup Inc Near Finalizing the JPY 100B (USD 1.1B) Sale of Japan’s Biggest Telemarketer, Bellsystem24, to Private-Equity Firm Bain Capital Inc The Walt Disney Co (NYSE: DIS) Profits [...]

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Gloomy Outlook For The Eurozone Economy

05-Jun-09

The European Central Bank (ECB) has expressed a rather gloomy outlook for the eurozone economy for the year 2009. The Bank predicted that the countries’ economy will contract between 4.1% and 5.1% this year, worse than previously expected. In addition, the ECB announced that next month it would start to implement its “quantitative easing” policy [...]

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