Keep up with
Newstalk ZB

Wed, 22 May 2013, 05:37

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Effect of European elections on NZ still not clear

Share |

Effect of European elections on NZ still not clear

By: Newstalk ZB staff | Business News | Wednesday May 9 2012 11:23

 

The financial markets are still toying with what recent elections in Europe may mean.

Inconclusive elections in debt ridden Greece and the election of a Socialist President in France are all part of the mix of a fragile economic situation in Europe.

Delivering his Financial Stability Report, Reserve Bank Governor Allan Bollard says if global growth falters then it could affect commodity prices, which will impact on New Zealand and Australia.

"We had to come to terms with the fact that there will be continuing periods of fragility and worry around Europe, and they are going to crop up and are likely to crop up for the next while, and these are classic examples."

Photo: Newly elected French President Francois Hollande

 

Related Subjects

Markets |

 

Business News

Advertisement
Mike Hosking Breakfast
Advertisement

  • Rugby: Henry may face SANZAR sanction

  • Wellington better off than Canberra

  • Hockey: Black Sticks fall to Korea again

  • Calls for GCSB to come clean

  • Waterspouts in Auckland, moderate tornado risk

  • Oklahoma tornado: Death toll nearing 100 +VIDEO

  • Concern Redcliffs home wasn't being monitored

  • Teachers to be recognised in new agreement

Latest Newstalk ZB Video

  • Wednesday-Twister

  • Alistair Helm: CVs don't help ...

  • Karl Anderson: truck drivers n ...

  • Steve Merczynski: the Oklahoma ...

  • Wednesday-Twister

  • Tuesday-Things People Do Not W ...

  • Friday-Budget Passion

  • Thursday-Topless Research

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results

Advertisement

  • Radius Care
  • Paper Plus
  • ZB App ad
  • Awesome Service
  • Advertise With Us
  • Roger Advice