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Stock market plunges to three year low

12 April 12

Spanish stock markets fell 3.6% to a three-year low on Friday as concerns mounted that the country will become the next weak spot in the eurozone debt crisis and it emerged that Spanish banks had increased their reliance on cheap loans from the European Central Bank in March, borrowing almost double

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Moodys: 117 European banks may be downgraded

30 March 12

According to Fitch ratings agency, 2010 showed some level of recovery in the economy as the number of credit rating downgrades issued dropped, while upgrades were on the rise. Admittedly, the figures were for companies, not countries, but how does that set the scene for 2011? After all, the ratings agenci

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About eWealthGlobal

At eWealthGlobal our mission and values are to assist individuals and businesses throughout the world to reduce expenditure and increase wealth through simple to use technology and services.