Standard and Poors has wreaked havoc in the eurozone, especially downgrading France and Austria from their AAA and Slovakia, Spain, Italy, Cyprus, Malta, Slovenia and Portugal. The consequences of this decision will bring huge...
UPDATE S & P downgraded France and Austria (from AAA to AA +), Slovakia (from A to A +), Spain (from A to AA-), and Italy was downgraded to BBB +.
22:00 Standard and Poors was going to announce which...
Italy is in pole position to be downgraded by rating agency Fitch. Eurozone countries expect the end of January to see who will undergo changes in the countries rating.
Italy is the most vulnerable,...
Malev, the Hungarian airline state company, must find financial resources in four months to return the money received as state aid, aid found to be illegal by the European Commission. The Hungarian government...
Have you ever wondered what’s it like to wake up in the Christmas shopping fever and realize that there are no buses, no tramways, no metros and no trains in your town? The 600.000 people using public...