Pan Pylas

Read the latest stories and analysis from Pan Pylas.

FILE - In this Jan. 11, 2012 file photo containers are piling at the harbor in Duisburg, Germany. The German economy shrank by a larger-than-expected 0.6 percent in the final quarter in 2012, official figures showed Thursday, Feb. 14, 2013, in a clear sign that the European financial crisis took its toll on the continent's largest economy. The quarterly decline was primarily due to a drop in exports as demand weakened from other European nations, many of which are in recession, the Federal Statistical Office said. (AP Photo/Frank Augstein, File)

Eurozone recession deepens as Germany falters

David Rising, Pan Pylas · February 14, 2013 5:00 am

Fitch cautiously optimistic over euro debt crisis

Pan Pylas · January 15, 2013 2:47 pm

Eurozone industrial output down for 3rd month

Pan Pylas · January 14, 2013 2:48 pm

Markets steady amid Xmas exodus, US budget doubts

Pan Pylas · December 24, 2012 1:16 pm

A man checks the electronic stock board of a securities firm in Tokyo, Tuesday, Dec. 18, 2012. Asian stock markets were mostly higher Tuesday, boosted by signs China's recovery is gaining traction and hopes for a new stimulus in Japan. (AP Photo/Itsuo Inouye)

US budget remains key driver in markets

Pan Pylas · December 19, 2012 6:58 pm

People walk by an electronic stock board of a securities firm in Tokyo, Thursday, Dec. 13, 2012. Asian stock markets rose Thursday with the help of Japan's Nikkei 225, which was propelled higher by a weakening yen. (AP Photo/Koji Sasahara)

Market enthusiasm over Fed stimulus fades

Pan Pylas · December 13, 2012 11:05 am

Portuguese carpenter Arturo Ventura closes the door of the carpenter's workshop where he works in Lisbon, Tuesday, Dec. 11, 2012. Ventura's employer Felipe Valentim, whose carpenter's workshop supplies wood materials to construction companies and had around fifty employees, is now trying to sell his company due to a drop in orders over the past two years. The Portuguese Federation of Construction Companies says bankruptcies of building companies increased 43.7 percent between January and October amid the bailed-out country's economic recession, with more than 85.000 jobs lost so far this year. The board on the left reads in Portuguese: "For let". (AP Photo/Francisco Seco)

Eurozone industrial output in surprise slump

Pan Pylas · December 12, 2012 12:17 pm

In this Friday, Jan. 27, 2012 photo, a sign of RBS, Royal Bank of Scotland, is seen at its office in the City of London. The value of global mergers and acquisitions deals in 2012 was nearly half the amount made five years ago, when the global financial crisis was first baring its teeth, a leading accounting and consulting firm said Wednesday, Dec. 12, 2012. There were a little under 37,000 deals worldwide, around 9,000 less than in 2007, when many companies indulged in a feverish bout of deal-making, many of which led to their financial ruin. Much of the blame for Royal Bank of Scotland PLCâs near-collapse in 2008, which eventually required a government bailout, was due to its over-priced purchase of a large chunk of Dutch bank ABN Amro the year before. (AP Photo/Sang Tan)

Global corporate deals nearly halved in 5 years

Pan Pylas · December 12, 2012 11:31 am

A man inspects inside a food bank full of cardboard boxes with more than 70 tons of foods to distribute to people left needy by Spain's critical economic crisis, in Pamplona, northern Spain, Tuesday Dec. 4, 2012. The number of people officially registered as unemployed in Spain has edged up toward 5 million as the country's recession shows few signs of abating and its struggling banks await crucial bailout cash, Spain's Labor Ministry said Tuesday. (AP Photo/Alvaro Barrientos)

Eurozone retail sales slump in October

Pan Pylas · December 5, 2012 1:06 pm

Greece considered more risky to invest than Syria

Pan Pylas · October 29, 2012 12:02 am

Markets slip after bank earnings reports

Pan Pylas · October 12, 2012 4:35 pm

Eurozone inflation in surprise rise in September

Pan Pylas · September 28, 2012 10:46 am