European Stock Market Slumps Amid Islamic Terror Attacks

LONDON, July 21 (Reuters) – European stock markets fell on Thursday, weighed down by a drop in the shares of major airlines after Lufthansa issued a profit warning. The pan-European STOXX 600 index and the similar FTSEurofirst 300 were both


Inflation, Greece On ECB Agenda At Vienna Meeting

The ECB, expected to hold fire on monetary policy at its meeting Thursday, will likely focus instead on welcoming Greece back into the fold of fully-fledged eurozone borrowers after a bailout deal, analysts said. After months of fighting the threat


European Central Bank ‘Too Powerful’ Admits German Economy Chief

The European Central Bank has become too powerful, but largely because politicians have foisted an increasingly political role onto it, one of the German government’s key economic advisors said in a newspaper interview Sunday. “The ECB has gained enormous power,


DEFLATION: Eurozone Falls Back AGAIN, More Money Printing Expected

Eurozone inflation in February plunged sharply back into negative territory, data showed on Monday, in the clearest sign yet that several rounds of stimulus measures by the European Central Bank are not working. The ECB is under huge pressure to

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France’s 9-11 Economic & Political Consequences

Beyond the horrific deaths, injuries, and panic from seven coordinated terror attacks in Paris, the consequences of France’s 9-11 will likely be a serious deflationary recession and right-wing nationalism spreading across Europe.


The Circus Is In Town: Clowns Converge On Frankfurt As ECB Officially Opens

The opening of the new European Central Bank (ECB) headquarters in Frankfurt has been overshadowed by protests and violence, including an anti-capitalist group calling themselves ‘Blockupy’. As the multi-million pound tower block, which had to be redesigned because it did


Brussels wants more financial integration and it wants it now

The European Central Bank president has called for further integration in the Eurozone, claiming it would lead to greater democracy and accountability. Mario Draghi made the comment at an event in Frankfurt ahead of the grand opening of the bank,