The worst hit section by the economic downfall of finance in Europe is the employees of the public sector. As the economy is recovering from a huge downfall it has decreased the salaries, remunerations and perks of their workforce. After meeting a few bank employees we have gathered that this section has been angered in masses but is still remaining silent as they hope that this will soon come to an end.
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Archive for the ‘Finance in Europe - information’ Category
Public sector employees facing the wrath
Thursday, May 27th, 2010Suspicion Mounting On Banks
Monday, October 12th, 2009Due to the global economic downturn there has been increased suspicion and scrutiny on mutuals. The confidence in them has fallen to a record low, with building societies in Britain, thought to be theoretically safe, collapsing. In France Banque Populaire and Ciasse d’Epargne have been forced to merge in order to avoid the burden of extreme toxic debt. Although mutals can be successful the crisis has shaken confidence and forced many institutions to collapse.
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Interpretation Of Survey On Coroporate Finance In Europe
Monday, August 24th, 2009The data from the survey of 313 European CFO’s gives us a insight into finance in Europe. Budgeting of funds and how corporations manage them where the was the main interest of the survey. It was found that large companies need to be flexible financially in order to reasonably manage their debt. Corporate finance in Europe is mostly effected by the size of the company, and actions of the shareholders, and less so by the country they are based in.
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