Greek Euros to the rescue? - Portugal post crisis? - Quake app for smartphones
Business Brief 05/15/2015
Eurozone finance ministers have agreed Spain and Portugal are in violation of budget rules. Any potential penalities are likely to be soft in order to avoid an anti-EU backlash or hamper economic growth.
The International Monetary Fund (IMF) has left its global growth forecast unchanged, but warned the global economy is failing to break out of its decade-long low-growth trap despite signs of stability.
The European Central Bank (ECB) has done everything in its power to fuel inflation and boost economic growth, but has had limited success. Now, risks and side effects are becoming more evident.
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