European Stocks Rise on Spanish, French Budget Plans
European stocks rose, with the equity benchmark heading for its biggest quarterly gain in three years, on…
Browsing Tag
euro zone debt crisis
EU Approves Aid For Spain, Italy
Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to…
Angel Merkel Still Resists Euro-Area Debt Sharing
Chancellor Angela Merkel hardened her resistance to euro-area debt sharing to resolve the region’s financial…
Bundesbank Opposes ECB’s Bailout Plan
The Bundesbank (German central bank) opposition to the European Central Bank’s plan to help ailing financial…
4 European Countries Agree On €130 Bln Package To Boost Growth
German Chancellor Angela Merkel resisted pressure for common euro zone bonds or a more flexible use of Europe's…
Spain Pays “Unreasonable” Interest Rates: PM Mariano Rajoy
Prime Minister Mariano Rajoy today said Spain is paying “unreasonable” interest rates because of the country’s high…
Moody’s Lowers Rating On Banks In Four European Countries
The international ratings agency Moody’s cut its debt ratings for banks in France, Belgium, Luxembourg and the…
Euro Stocks Rise On Central Banks’ Stimulus Speculation
European (SXXP) stocks rose on speculation central banks will take steps to stimulate the global economy and…
Major Central Banks Prepare For Potential Turmoil On Greek Upcoming Poll
Central banks from major economies stand ready to take steps, including coordinated action, to stabilize markets as…
Dispute Arises Over Spain’s Banking Bailout
Spanish Prime Minister Mariano Rajoy on Wednesday defended the country's request for EUR100 billion ($125 billion)…
