The current level of commitment to the rescue funds is not enough to restore market confidence
The time of the great reversal is approaching. Two forces that have driven up the yields of the bonds of marginal European countries — particularly Spain, Italy and, of course, Greece — and driven down the yields of U.S. and Canadian government bonds look like they will unwind and create a new scenario for exceptional […]
Rating agency lowers its outlook on France, Britain and Austria
Almost half of the respondents believe that the crisis will more or less stay the same during the coming year
EMA launches a central rating repository, which provides information on credit ratings issued by the 15 rating agencies that are registered in the EU
Most fund portfolio managers expect Europe will sink into a recession, but those same managers agree that companies in the region that are in defensive sectors and have strong balance sheets or global exposure still offer good opportunities
Bruce Cooper, portfolio manager of TD Global Dividend Fund and vice chairman of TD Asset Management Inc., describes why European companies with strong exports and sales to emerging markets and the United States present an opportunity for investors despite the recession and low economic growth in Europe. He spoke at the TMX Broadcast Centre in Toronto.
The long-term solution is for Greece and other uncompetitive countries to exit the euro monetary union
Central bank says it now expects the eurozone countries to be in recession for the next four months