Eurozone
- BusinessAOL
Hold onto your cash - negative rates could be coming here soon
Switzerland already has them. So does Sweden, the eurozone, and now Japan. With every month that passes, negative interest rates are becoming established as a tool of central-bank policy. They now cover more than a third of the global economy.
3-min read - NewsAOL
How Angela Merkel's political woes may be good for European stocks
For the past few years the working assumption has been that the major threat to the euro was from the peripheries. Eventually, the Greeks, Portuguese or even the Italians would get so sick of austerity that they would either quit or finally
5-min read - NewsAOL
Are we heading for another eurozone crisis?
Europe has fallen out of the headlines somewhat since the start of the year. With the Sisyphean cycle of Greek electioneering out of the way, the hope was that the newly elected government would now be able to make enough progress to allow
5-min read - BusinessAOL
The return of the currency wars
Here we go again. Mario Draghi thought he'd finally won. The boss of the European Central Bank (ECB) had managed to drive through a quantitative easing (QE) programme, much to the chagrin of his German colleagues. The euro was sliding.
5-min read - NewsAOL
Greek prime minister Alexis Tsipras has resigned
Greece's 86 billion euro (£62 billion) bailout is facing fresh doubts after the resignation of prime minister Alexis Tsipras plunged the country into new political uncertainty. The widely expected move is likely to mean elections next
2-min read - NewsAOL
What Britain should learn from the Greek deal fiasco
Greek prime minister Alexis Tsipras has managed to push the austerity measures demanded by creditors past his colleagues in parliament. The way's clear for talks to begin on a new bailout package to keep Greece in the eurozone. And Greece
5-min read - NewsAOL
Finance minister quits as Greece votes no to austerity
Greek Finance Minister Yanis Varoufakis has quit following the country's overwhelming referendum vote to reject the austerity terms demanded by its international creditors. The leading figure in the negotiations with Greece's creditors
2-min read