Tagged: euro zone debt crisis

The eurozone struggles to sustain its recovery

The eurozone’s economy grew 0.2 per cent in the third quarter of 2014 from the previous quarter, according to Eurostat, the EU’s statistics agency. Greece’s economic output rose 0.7 per cent, after expanding 0.4...

Portugal sold 750 million euro of 10-year bonds

Portugal sold 750 million euro of 10-year bonds at a yield of 3.57 per cent on April 23rd, the lowest level in eight years. For comparison, a 10-year government bond yield went briefly over...