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EU Banks | Non Performing Loans hit €1 Trillion

EU Banks | Non Performing Loans hit €1 Trillion

September 25th, 2015

Non performing loans have reached at very high levels in the EU approaching 1 trillion euros.
Volkswagen | Shares in Free Fall After Admitting Foul Play with US Pollution Test

Volkswagen | Shares in Free Fall After Admitting Foul Play with US Pollution Test

September 21st, 2015

Volkswagen, the German auto maker is now facing billions in fines after it admitted cheating US pollution tests.
Refugee Crisis | Record Number of Refugees Entered Europe

Refugee Crisis | Record Number of Refugees Entered Europe

September 18th, 2015

A record breaking number of 473,887 refugees and migrants entered the EU, the International Organization for Migration (IOM) announced today.
Otmar Issing | Greece may be better off without the Euro

Otmar Issing | Greece may be better off without the Euro

September 7th, 2015

It might be better if Greece leaves the euro, Otmar Issing stated, a former board member of the ECB, and also known as one of the architects of the euro
Chinese PM | No basis for further devaluation of the yuan

Chinese PM | No basis for further devaluation of the yuan

August 26th, 2015

The Chinese Premier Li Keqiang said that there is no basis for further devaluation of the Chinese currency - the yuan- and that the exchange rate would remain "basically stable at an adaptive and balancing level."