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/ 23 January 2012
Economists and investors across the globe will be digesting a host of economic reports for signs that recent rallies may continue.
The new coalition government warns it will run out of options unless the bailout is forthcoming.
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/ 21 December 2011
Positive sentiment is being driven by a new measure by the ECB to pump liquidity into the markets, analysts say.
A European summit deal to strengthen budget discipline in the eurozone failed to restore financial confidence, forcing the ECB to step in again.
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/ 12 December 2011
The question likely to occupy markets this week is how well did Europe’s leaders do in their latest attempts at dealing with their debt crisis.
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/ 8 December 2011
Oil prices have moved higher to almost $102 a barrel in Asia in anticipation of Europe’s interest rate decision and debt crisis summit.
France and Germany are to sound out European leaders about their plan to defuse the eurozone’s debt crisis, to rally support before an EU summit.
Europe has started down a road to far-reaching legal changes that would see the EU police budgets before they pass domestic lawmakers.
A major conservative party in Greece’s new unity government has refused to drop its opposition to signing reform pledges in return for crucial loans.
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/ 18 November 2011
The European Central Bank is under pressure to open the money taps to help Italy, which is struggling to fund its debts through the private markets.
Italian Prime Minister Silvio Berlusconi is set to resign after a parliamentary revolt and a wave of market panic that has shaken the eurozone.
The South African Reserve Bank has left the repo rate unchanged at 5.5%.
Greece’s government has backed out of a proposed referendum on staying in the euro, while European leaders moot Greek exit from the eurozone currency.
The Greek government is on the verge of collapse as outrage over plans for a referendum on a eurozone bailout rips through the beleaguered country.
Prime Minister Silvio Berlusconi has repeated promises of economic reform as Italian bonds come under renewed attack in the eurozone crisis.
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/ 23 October 2011
French President Nicolas Sarkozy faces implacable German opposition to demands to use unlimited European Central Ban funds to fight the debt crisis.
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/ 22 October 2011
Europe has piled pressure on banks to write off vast Greek debts as leaders struggle to come up with a lasting answer for its credit crisis.
ECB President Jean-Claude Trichet says the EU treaty should be changed to prevent one member state from destabilising the rest of the bloc.
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/ 11 October 2011
Troika inspectors gave a lukewarm approval for a vital aid tranche to Greece, saying Athens was lagging on reforms needed to exit its debt crisis.
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/ 20 September 2011
The IMF has put pressure on European banks to boost their capital to survive the debt crisis, which is posing a threat to the world economy.
The exasperated chief executive of Société Générale, stood in front of investors in New York on Tuesday this week for some "straight talk".
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/ 11 September 2011
Greek Finance Minister Evangelos Venizelos has announced budget cuts totalling around €2-billion in exchange for a rescue package.
The exit of Juergen Stark could hardly have come at a worse time for euro zone policymakers as they grope for a way out of their financial crisis.
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/ 6 September 2011
The rand was softer against the dollar in early morning trade as it tracked a jittery euro, and analysts say they expect the rand to keep weakening.
Italy’s chaotic efforts to pass a new austerity plan have already included disputed figures, policy U-turns and cabinet rows.
Finance Minister Evangelos Venizelos insists there is no rift with EU and IMF auditors, who say Greece failed to meet conditions to unlock funding.
Financial market pressure on the euro zone eased a little this week as Italy’s borrowing costs fell and bank shares stabilised.
The president of the European Central Bank has vigorously defended his controversial decision to buy up Italian and Spanish bonds.
The South African authorities are closely monitoring Europe’s worsening debt crisis but remain confident.
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/ 20 December 2010
The European Central Bank (ECB) has expressed "serious concerns" that Ireland’s bailout package could affect the institution’s liquidity operations.
China is placed under pressure as several central banks intervene to make their currencies cheaper.
Sprinklings of positive data suggested the first pieces of a recovery puzzle may be fitting together for the global economy.