Central bank says it now expects the eurozone countries to be in recession for the next four months
Rating outlook characterized as “developing”
Financial Stability Board says it supports the policy measures that have been taken so far to address the crisis
If you believe the powers in Europe will be guided by sensible economics, then scoop up euro-linked bonds from solid U.S. names
Companies urged to invest to boost productivity, make inroads with emerging economies
European crisis an increasing threat to the stability of Canada’s financial system
Deeper issues continue to plague that region’s financial system
Bank of Canada and five others are making it cheaper for banks to get U.S. dollar liquidity when they need it
Major bank failures in Europe could spark a similar credit crisis that followed the Lehman Brother’s collapse in the fall of 2008
Downgrades follow move to cut country’s sovereign ratings to junk status