Word: euros
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Dates: during 2000-2009
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...meantime, just as central banks in the U.S. and euro zone have pumped cheap cash into money markets to boost liquidity in recent weeks, the Bank of England announced plans to inject almost $30 billion into the U.K. system after the credit squeeze nudged up the rates banks were charging each other to borrow. The longer those rates remain high, the more mortgage providers will be forced to pass on the costs to homeowners, increasing the chances of a consumer spending slowdown and a weakening economy. That prospect - and the dramatic half percentage point...
...Only this year was Greece able to escape threats of sanctions by the E.U. following three and a half years of relatively austere fiscal policy that brought the country's bloated budget deficit in line with financial rules that underpin the stability of the euro. Selling off struggling state-owned companies and overhauling the country's debt-ridden pension system will figure high on government's second-term agenda. Greece's rapidly aging population and system of generous pension benefits are "the main risk factors to Greece's long-term fiscal sustainability," according to a recent report...
...growing debt; the small dip in the unemployment rate in recent months has masked the shrinking number of new jobs companies created. Sarkozy sends a terrible message to our European partners by refusing to undertake economic reform at home or to abide by the rules we expect all other euro-zone nations to respect. Sooner or later, Sarkozy will have to tighten the belt or pay heavy consequences...
...Finnish word for "door" - could even offer TV programs at some point. Vanjoki, who is in charge of marketing Ovi, says it will includes millions of songs from all 4 major record labels as well as from regional bands. Nokia has set a European price of 1 Euro for a tune, and of 10 Euros for a CD. It has not finalized U.K. pricing, but when I searched for Dexter Gordon CD's in a test drive, the screen showed ?8.00 for a CD and 80 pence for a single. (As a sign that Ovi well might deliver millions...
...with that "two-million-euro-a-day" figure (which equals about $2.7 million a day) still buzzing in the ears of government officials, investors and ordinary Italians, Alitalia is making its next move to stave off collapse. On Sep. 7, Alitalia's board is expected to finalize the details of what it is billing as a "survival/transition" plan for 2008-2010. Cynics will liken it to the allotment of a few fire extinguishers for the Hindenburg. Union officials have said that the plan calls for the company to try raise up to 1.5 billion euros in capital, cut some...