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Greece’s parliament voted yes

Greece’s parliament has voted in favor of yet another series of economic reforms. The approval was a condition for continuing negotiations with creditors on a third support package for the bankrupt country. The proposal was adopted by a comfortable majority with the support...
Posted On 24 Jul 2015

Apple needs the iPhone

Apple sells phones like never before, showing strong profits – but shares fell 8 percent after its quarterly report presented. The reason: The expectations on Apple is skyhigh. Apple’s net profit rose according to the interim report presented Tuesday by 38 percent and...
Posted On 22 Jul 2015

Yet no German reaction to the Greek proposal

Yet has no official German reactions come at the Greek proposal. Much points towards that the German government will accept the austerity package anyway. The Greek proposal for the eurozone countries are to meet on many points. In other areas, when it comes to cutbacks in...
Posted On 10 Jul 2015

Greece is on the brink of disaster

With both cheers and boos met Greek Prime Minister Alexis Tsipras, when he made his entry in the EU Parliament, in the middle of the ongoing crisis. “We want to see the light in the tunnel,” said Tsipras. Meanwhile, the representatives of the EU’s emergency...
Posted On 08 Jul 2015

Ryanair could be forced to negotiate in Denmark – and in Sweden?

Low cost airline Ryanair could be forced to negotiate a collective agreement with their Danish employees. The company continues to refuse unions have the right to put Ryanair blockade. It resolves the Danish Labour Court. The judgment may have consequences in Sweden. Employees of...
Posted On 07 Jul 2015

The German government’s reaction to the Greek referendum was brief.

– We respect the elections and note that for the moment there are no conditions for new negotiations. Which clearly state that German government’s reaction is not certainly happy about the result of the referendum and will be forcing Greece to start paying back German...
Posted On 06 Jul 2015

Greek government agrees to most requirements

The Greek government accepts almost all requirements from the lenders; demands they said no to as late as this weekend which appears from a letter from Prime Minister Alexis Tsipras as the British Financial Times has seen. At the same time, he announced in a televised address to...
Posted On 02 Jul 2015

Lowest oil price since April

-Oil prices fall on Iran and Greece on Tuesday Oil prices fall somewhat further in early hours of Tuesday, weighed down by the Greek debt crisis and signs that it may be signed an agreement for Iran’s nuclear program within a few days. Brent 1st position, which is the...
Posted On 30 Jun 2015

Puerto Rico throws in the towel

Puerto Rico throws in the towel – The debt is impossible to pay. Puerto Rico’s governor says he is forced to leave the islands out of a “death spiral”. Puerto Rico, officially Estado Libre Asociados de Puerto Rico (commonwealth Puerto Rico), is an...
Posted On 29 Jun 2015

H&M increases profits – the stock falls

Clothing giant Hennes & Mauritz increased profit and reported a profit roughly in line with expectations for the spring months. But shares still fell over two percent. H&M, the world’s second largest clothing company by Inditex of Spain, reports a profit before tax...
Posted On 25 Jun 2015