Gold Price Drops As USD Rises Against Euro

Another Greek drama is sending shockwaves through the financial markets. Elections in early May did not result in any parties gaining a clear lead, and follow-up talks failed to re ....

EU Economy Expected to Stagnate, Contract in 2012

GDP is projected to stagnate in the EU and contract by 0.3% in the euro area this year, and to grow by 1.3% in the EU and by 1.0% in the euro area in 2013, according to the Europea ....

Eurozone Unemployment Rises to 10.9% in March m/m

Eurozone unemployment rose to 10.9 percent in March versus 10.8 percent in February, said Eurostat. In the wider EU27, the unemployment rate was 10.2 percent, or 24.7 million in ....

Spain Follows UK Into Recession - National Statistics Institute

Spain has followed the UK into a double-dip recession after GDP shrank by 0.3 percent in the first quarter of 2012, compared to -0.3 percent in the fourth quarter of 2011, accordin ....

Ireland's Economic Recovery On Track - IMF

Ireland’s economic recovery program implementation continues to be strong, said the IMF, ECB and EC in a joint statement. Fiscal targets for 2011 were met with a healthy margin ....

EU April Economic Sentiment Flat - Survey

The EU27 Economic Sentiment Indicator (ESI) was flat but stable at 93.2 in April. In the euro area it decreased significantly by 1.7 points (to 92.8), thereby offsetting the gains ....

UK Enters Recession After Q1 GDP At -0.2%

The UK has seen two successive quarters of negative GDP growth, -0.3 percent in Q4, 2011 followed by -0.2 percent in Q1, 2012, putting the country into recession, according to the ....

Falcon Brokers Participates in Jordan Forex Expo

Falcon Brokers Participates in Jordan Forex Expo Falcon Brokers Ltd, an authorized and licensed investment firm (Licence No. 128/10) by Cyprus Securities and Exchange Commission ( ....