In reaction to the risk of a snap general election in Greece, shares on the Athens Stock Exchange have fallen sharply for three straight days. The Athens general share index fell more than 7.5% on Thursday. Greece has only recently emerged from recession, and yet this week, seems to have been thrown back in to […]
The World Bank has warned that the Russian economy would shrink by at least 0.7% in 2015 if oil prices do not recover. This revelation forced Russia’s central bank to admit that it intervened last week to support the rouble in foreign currency markets spending a total of $4.53bn (£2.9bn). Furthermore, it has spent more […]
The European Central Bank (ECB) has “stepped up” preparation for even more stimulation procedures focused on revitalising the eurozone economic climate, banking Head of state Mario Draghi has claimed. His remarks followed the ECB held rate of interest at 0.05 %. Mr Draghi also said that the bank would evaluate the influence of its existing stimulation […]
Eurozone, Great Britain, Investments, Market watch, Stock Market, World Economy
