Fraser Coast Chronicle

Thousands protest in Madrid over budget cuts

THOUSANDS joined protests in the Spanish capital of Madrid this weekend, motivated by their hatred of budget cuts and...

budget cuts contagion madrid protest

29th Oct. 2012 8:10 AM

ECB will do 'whatever it takes'

The ECB has pledged to do whatever's necessary to protect the euro zone from collapse, sending a strong signal that...

contagion ecb eurozone italy sovereign debt crisis spain

27th July 2012 10:07 AM

"Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough," Draghi told an investment conference in London to mark the beginning of the Olympics.

IMF predicts weak global growth

TREASURER Wayne Swan reiterated Australia’s economic strength as the International Monetary Fund pointed to deteriorating...

contagion economy imf

17th July 2012 3:07 PM

Moody's cuts Italy's credit rating

MOODY'S has surprised investors by cutting Italy's credit rating two notches, leaving it just above junk.

contagion credit rating eurozone crisis italy moody's

13th July 2012 4:07 PM

The ratings cut leaves Moody's ratings for Italy below those of the two other major agencies, Standard & Poor's and Fitch.

Shares jump on Eurozone deal

LOCAL shares have jumped sharply on news European leaders have reaffirmed a commitment to use rescue funds to reassure...

asx contagion eurozone investment shares stockmarket

29th June 2012 3:06 PM

The Fed, along with the European Central Bank, the Bank of England, the Bank of Canada, the Swiss National Bank and the Bank of Japan, said they would slash the cost to banks of securing US dollars by 50 basis points.

Investors eye property

CENTURY 21 believes that an increasing number of Australian investors are regarding residential property as a relatively...

century 21 contagion equity markets eurozone houses investment property investment

29th June 2012 2:06 PM

A shortage of houses has lead to rent rises on the Sunshine Coast.

Cyprus seeks EU bailout

CYPRUS is the latest European country to ask for an EU bailout, saying it needs urgent funds to recapitalise its second...

bailout contagion eu eurozone

26th June 2012 6:06 PM

The Mediterranean island nation says it needs about $2 billion in the next few days to help shore up the Cyprus Popular Bank, which has been heavily exposed to the teetering Greek economy.

Euro vs Drachma

GREECE prepares to vote in an election that could drastically alter the future course of the debt-ridden country and...

contagion euro eurozone greece

16th June 2012 4:06 PM

If Syriza wins and is able to form a governing coalition, chances rise that Greece may leave the eurozone because of the party's opposition to the 130 billion euro ($162 billion) bailout deal.

King hits panic button

The Governor of the Bank of England and the Chancellor of the Exchequer last night announced measures designed to prevent a...

contagion economy eurozone

16th June 2012 6:06 AM

London’s iconic black cabs remain the best in the world.

Spain finally asks for bailout

SPAIN has formally requested a European lifeline of up to $126 billion to save its stricken banks and try to avert a...

bailout banking contagion eu eurozone sovereign debt crisis

10th June 2012 10:06 AM

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