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'euro zone' - 25 Search Result(s)

  • eurozone ministers approve greek bailout deal

    Eurozone ministers approve Greek bailout deal

    World | Aug 15, 2015, 08:23 AM IST

    Brussels:  Eurogroup President Jeroen Dijsselbloem said late Friday that the finance ministers' meeting on Greece turned out "positive" and Greece is expected to get a new loan worth up to $95 bn.The outcome of the

  • greece gets relief from creditors after first austerity test

    Greece gets relief from creditors after first austerity test

    World | Jul 16, 2015, 11:13 PM IST

    Athens, Greece :  Greece got a triple dose of good news on Thursday, when creditors agreed to open talks on a third bailout package, to give the country an interim loan to cover its debts,

  • eurozone reaches deal on greece bailout european union

    Eurozone reaches deal on Greece bailout: European Union

    World | Jul 13, 2015, 08:13 PM IST

    Brussels: A summit of eurozone leaders reached a tentative agreement with Greece on Monday for a bailout program that includes "serious reforms" and aid, removing an immediate threat that Greece could collapse financially and leave

  • imf cuts global growth forecast for 2015

    IMF cuts global growth forecast for 2015

    Business | Jan 20, 2015, 01:33 PM IST

    New Delhi: The International Monetary Fund has lowered its forecast for global economic growth in 2015, with diminished expectations almost everywhere except the U.S., citing persistent weakness in the eurozone and a broad slowdown in

  • germany supports lithuania s eurozone entry official

    Germany supports Lithuania's Eurozone entry: Official

    Business | Apr 19, 2014, 09:20 PM IST

    Vilnius: The German Bundestag will vote for Lithuania's entry into the Eurozone in 2015, an official said.Manuel Sarrazin, spokesman of the Committee on the Affairs of the European Union of the German Bundestag, said during

  • european central bank keeps rates unchanged

    European Central Bank keeps rates unchanged

    Business | Dec 05, 2013, 06:42 PM IST

    Frankfurt, Germany: The European Central Bank left its key interest rate unchanged on Thursday, even though the economic recovery has almost ground to a halt in the 17-country eurozone.The currency bloc's chief monetary authority left

  • eurozone recovery hits snag in third quarter

    Eurozone recovery hits snag in third-quarter

    Business | Nov 14, 2013, 04:21 PM IST

    London:  The recovery from recession in the 17-country eurozone continued in the third-quarter of the year -- but only just.  Eurostat, the EU's statistics agency, said Thursday that the region, which only emerged from its

  • europe remains a threat to world economy oecd

    Europe remains a threat to world economy: OECD

    World | May 29, 2013, 07:21 PM IST

    Paris, May 29: The recession in Europe risks threatening the world's economic recovery, a leading international body warned on Wednesday.In its half-yearly update, the Organisation for Economic Cooperation and Development said that protracted economic weakness

  • rupee may recoup to 54 54.50 level this week

    Rupee may recoup to 54-54.50 level this week

    Business | Jul 01, 2012, 12:34 PM IST

    Mumbai, July 1: The rupee, which recorded its biggest single-day gain in three years on Friday, may recoup to 54-54.50 level against the dollar this week on the back of positive outcomes from Euro summit

  • india may be affected due to renewed euro zone crisis says

    India may be affected due to renewed euro-zone crisis, says RBI

    Business | Jun 18, 2012, 06:51 PM IST

    Mumbai, Jun 18: India and other developing countries could be adversely affected due to increased risk aversion and slowdown in global capital flows amid renewed concerns over sovereign debt crisis in euro zone, RBI said

  • eurozone contagion a major worry for india says montek

    Eurozone contagion a major worry for India, says Montek

    Business | Jun 18, 2012, 02:56 PM IST

    Los Cabos, Jun 18: India's economic woes have not gone out of hand in the wake of the slip in the GDP growth— the lowest in nearly 9 years—but there could be trouble if the

  • eurozone problems will impact india says manmohan

    Eurozone problems will impact India, says Manmohan

    Business | Jun 16, 2012, 02:44 PM IST

    New Delhi, Jun 16: Prime Minister Manmohan Singh today voiced concern that continuing problems in the eurozone will further dampen global markets and adversely impact India's own economic growth. Singh also said that the need

  • obama calls manmohan discusses eurozone crisis

    Obama calls Manmohan, discusses Eurozone crisis

    World | Jun 15, 2012, 04:58 PM IST

    Washington, Jun 15: US President Barack Obama spoke to Prime Minister Manmohan Singh over phone, discussing regional and international issues of mutual interest and agreeing to work together to strengthen the resilience of the global

  • eurozone break up could hit us in face warns basu

    Eurozone break-up could hit us in face, warns Basu

    Business | Jun 10, 2012, 06:24 PM IST

    Mumbai, June 10: Chief economic advisor Kaushik Basu has warned that if the Eurozone breaks up finally, it will be more disastrous than the 2008 global financial crisis triggered by the fall of the Wall

  • low growth not just due to high interest rate says rbi

    Low growth not just due to high interest rate, says RBI

    Business | Jun 09, 2012, 02:15 PM IST

    Mumbai , June 9: Reserve Bank of India (RBI) Deputy Governor K. C. Chakrabarty, on Friday, sought to stave off criticism that the nine-year low GDP (gross domestic product) growth was primarily due to high

  • rbi raises number of nri remittances

    RBI raises number of NRI remittances

    Business | Jun 09, 2012, 01:26 PM IST

    Mumbai, June 9: The Reserve Bank of India, on Friday, permitted non-resident Indians (NRIs) to send remittances more frequently, a step to boost foreign currency inflows and check rupee fall. Resident Indians are now allowed

  • no need to panic over economic slowdown says pranab

    No need to panic over economic slowdown, says Pranab Mukherjee

    Business | Jun 07, 2012, 05:10 PM IST

    New Delhi, June 7: Finance Minister Pranab Mukherjee today said economic slowdown is a matter of concern but there is no need for panic, and reverting to high growth path is achievable as India's fundamentals

  • need to remove bottlenecks to revive growth story says

    Need to remove 'bottlenecks' to revive growth story, says Manmohan Singh

    Business | Jun 07, 2012, 01:47 PM IST

    New Delhi, June 7: Facing resistance to various key reform programmes, Prime Minister Manmohan Singh said on Wednesday that “bottlenecks” needed to be removed to reverse the present situation and revive India's growth story as

  • sensex up 40 points investors leave nervousness behind

    Sensex up 40 points, investors leave nervousness behind

    Business | May 17, 2012, 07:25 PM IST

    Mumbai, May 17: After yesterday's tumble, stock markets today wiped out most of Wednesday's losses intra-day with investor sentiment reconciling to the Greek crisis.  In contrast to the panic that resulted in across-the-board selling on

  • rupee falling due to global factors no need to panic says

    Rupee falling due to global factors, no need to panic, says Pranab Mukherjee

    Business | May 16, 2012, 03:34 PM IST

    New Delhi, May 16: As the rupee hit its record low level of Rs 54.46 against dollar, the Finance Ministry today said there was no need to panic and the slide would be contained when

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