Tag: European Central Bank (ECB)
Rating Agency Believes that Portugal Will Fall
The U.S. rating agency Egan-Jones believes that the debt crisis in Europe is moving towards its peak, in which “Portugal fall safe” and Spain and Italy may suffer the same fate, as published today by the German newspaper “Frankfurter Allgemeine Sonntagszeitung. ” “When a country’s economy shrinks so significantly and at the same time the [...]
ECB President urges to the governments to implement the labor market reforms
The President of the European Central Bank (ECB), Mario Draghi, today urged various governments in the euro area, such as Spain, Italy and Greece, to implement the reforms announced in the labor market. At a press conference, Draghi said that financial markets expect that the governments of some countries in the euro area implement reforms. [...]
