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    Archive for the ‘Greek Economy’ Category

    Global factories enjoy bumper February

    Factories around the world enjoyed a bumper February with business surveys showing the manufacturing sector in major economies continued to lead an economic recovery, despite a slowdown in some growth rates.
    Factory activity expanded across Asia last month, although powerhouse China showed some signs of weakening, while in Europe growth rates hit 30-month highs despite contraction [...]

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    EU Leaders Meet to Avoid Greek Crisis

    After European Union leaders Thursday broadly pledged to support Greece, the bloc’s finance ministers are expected to hash out a more detailed contingency plan to ease the country’s debt crisis.
    Nervous investors briefly were appeased by the EU leaders’ declaration, which called for countries that use the euro to take “determined and coordinated action, if needed, [...]

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