By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Monday said 20 million people are still unemployed in Euro Area which is of great concern. This is coming on the heels of a book published by the IMF ‘’Jobs and Growth: Supporting the […]
Tag: Euro Zone
Some banks easing lending ahead of stress tests: ECB’s Honohan
Some euro zone banks are restricting lending to boost their performance in financial stress tests this year, a member of the European Central Bank’s (ECB) governing council said on Friday. The ECB will publish health tests of Europe’s biggest banks before it takes over their supervision in November and there […]
Euro to be 2013’s top-performing major currency
The euro was on track on Tuesday to be the world’s best-performing major currency this year, while the dollar looked set for its biggest annual gain against the yen since 1979. The euro zone common currency has gained 26 percent against the yen this year, though it fell 0.2 percent […]
