Antonia Matthews
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Belgium faces an important test Monday, when it aims to sell between 1.5 billion euros ($1.9 billion) and 2.5 billion euros worth of bonds in an auction that will indicate the level of investor confidence in the nation plagued by political turmoil and high levels of debt.
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The European Central Bank should worry less about the “phantom risk” of inflation and instead focus on the rising threat of deflation which could result from a currency war, economist Nouriel Roubini said in an article for Roubini Global Economics clients.
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There are few things you won’t be able to get at London’s famed Savoy hotel following its re-opening on Oct. 10, but don’t ask for a table for 13.
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Economic growth in Georgia is on track to reach 4.5 percent next year and could double by 2012-2013 as tourism, the banking sector and exports advance and foreign direct investment grows, the country’s Prime Minister told CNBC in an exclusive interview on Thursday.
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Europe faces an important challenge in creating greater awareness of the importance of a stable currency, but to achieve that goal, its citizens will need to grow more attached to the euro, Otmar Issing, former European Central Bank chief economist, told CNBC.
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New EU banking regulation must focus on institutions’ individual business models, rather than simply their size, Jacques de Larosière, co-president of think tank Eurofi told CNBC.
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With real estate indexes on the rise and long-term government bonds under pressure, investors should turn to bricks and real estate, Royce Tostrams, technical analyst at Tostrams Group told CNBC on Friday.