Tag: situation

Rightmove: Asking prices fall further in December

Rightmove: Asking prices fall further in December

Property website, Rightmove, has today reported a further fall in asking prices in December. According to Rightmove, asking prices for residential property in England and Wales fell 3% - or £7,000 in the last month – the biggest drop since December 2007. The property website, which claims to advertise 90% of the properties on the [...]

December 13, 2010 | 0 Comments More
Euro zone situation is serious but no chance of collapse

Euro zone situation is serious but no chance of collapse

There are fears that the debt crisis in Ireland will spread to Spain and Portugal - and other weak euro zone economies. However, Klaus Regling of the European Financial Stability Facility has stated it is “inconceivable” that the 16-nation euro currency will fail. The Irish debt crisis has caused the euro to fall more than [...]

November 25, 2010 | 0 Comments More
IMF: “Ireland’s situation different to Greece”

IMF: “Ireland’s situation different to Greece”

Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), has today said he does not expect the European rescue fund to be activated for Ireland. The rescue fund was established by European Governments and the IMF after the Greek debt crisis earlier this year. In a newspaper interview, Mr Strauss-Kahn said: “We are ready [...]

October 1, 2010 | 0 Comments More