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Daily News Roundup – 31 July 2012

  Europe Romanian President survives impeachment vote  Romanian President Traian Basescu has survived a referendum on his impeachment, with turnout below the 50% threshold needed to validate the vote.  Of those who voted...
by Richard Scott-Jones
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Daily News Roundup – 3 July 2012

Europe Barclays CEO Bob Diamond resigns The boss of Barclays plc, Bob Diamond, has resigned from the bank with immediate effect less than a week after Barclays was fined for trying to manipulate inter-bank lending rates.  He b...
by Richard Scott-Jones
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Daily News Roundup – 6 August 2012

  Europe Mario Monti warns of “psychological break-up” of the European Union In an interview with Germany’s der Spiegel magazine yesterday, Italian Prime Minister Mario Monti warned that the eurozone crisis was creat...
by Richard Scott-Jones
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Daily News Roundup – 10 September 2012

  Europe George Soros calls for Germany to “lead or leave the euro” International financier George Soros, writing in Monday’s New York Review of Books, has called for Germany to “lead or leave the euro”.  The co...
by Richard Scott-Jones
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Daily News Roundup – 25 July 2012

  Europe Recession in UK deepens Figures released today by the Office for National Statistics (ONS) showed that theUK’s economic output fell by 0.7% in Q2 this year.  This contraction is bigger than expected, and was at...
by Richard Scott-Jones
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Daily News Roundup – 1 August 2012

  Europe Scheme launches in UK to prompt lending  The Funding for Lending initiative, a new scheme to prompt banks and other lenders to make more money available to homeowners and businesses, has come into operation in th...
by Richard Scott-Jones
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Daily News Roundup – 24 July 2012

  Europe Germany’s AAA credit rating on negative watch The credit ratings agency Moody’s has changed its outlook for Germany’s AAA credit rating to negative, the first step towards a possible downgrade.  Moody’s s...
by Richard Scott-Jones
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Daily News Roundup – 23 July 2012

  Europe Markets rattled by more speculation over Spain’s regional debts Heavily indebted regional governments in Spain are at the centre of fears that they will push the national government into seeking a bailout for th...
by Richard Scott-Jones
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Daily News Roundup – 30 July 2012

  Europe Spanish recession deepens, but borrowing costs fall  Official figures show a contraction of 0.4% inSpain’s GDP for the second quarter of the year.  This shows the country’s recession deepening as it follows ...
by Richard Scott-Jones
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