Category Archives: international payments

EU Officials Explain An Austerity-committed Coalition The Only Option

Posted on May 21, 2012 by

Greece confirmed that it could not form a government this week and a fresh election has been set for 17 June. This has fanned fears that Greece could leave the currency union, with a range of scenarios being considered in … Continue reading →

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Eurozone Crisis Threatens to Crush UK Economic Recovery

Posted on May 21, 2012 by

George Osborne warns today that Britain faces “enormous risks” from chaos in the Eurozone, admitting that the government is preparing for the crisis to deepen. In a bleak assessment the chancellor voices fears that the turmoil in the European Union … Continue reading →

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Sentiment Further Dampened As Moody’s Downgrades 16 Spanish banks and Santander UK

Posted on May 18, 2012 by

GBP-EUR 1.24491 GBP-USD 1.5805 GBP-AED 5.8067 GBP-JPY 125.43 GBP-CAD 1.6082 GBP-CHF 1.4951 GBP-HUF 371.07 GBP-TRY 2.8977 GBP-AUD 1.6012 GBP-ZAR 13.1685 GBP-NZD 2.081 GBP-SGD 2.0116 GBP-PLN 5.428 GBP-HKD 12.2761 GBP-THB 49.445 GBP-MYR 4.9472 EUR-USD 1.2697 EUR-AED 4.6616 EUR-TRY 2.3272 EUR-AUD 1.2863 … Continue reading →

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