Economic Indicators

Spain to bail out failing bank

Not content with its current fiscal and economic woes, the government of Spain is expected to set fire to as much as €10 billion by taking a large stake in Bankia SA.

By Staff |May 9, 2012

1 min read

Europe recovery to remain difficult

The results of the French election offer some hope for investors, according to Peter Drake, vice-president, retirement and economic research, for Fidelity Investments Canada.

By Staff |May 9, 2012

2 min read

Downgrade will severely impact Morgan Stanley

Morgan Stanley says it will need an extra $7.2 billion of securities and other collateral if it's downgraded by Standard & Poor's and Moody's.

By Staff |May 8, 2012

1 min read

Elections shake up EU economic plans

The dream of a closely integrated European economy appears to be fading. Over the weekend, voters in France and Greece booted out the leaders who have struggled to contain the European sovereign debt crisis and end the Eurozone recession.

By Staff |May 7, 2012

2 min read