Euro Zone To Share Costs Of Bank Closures Gradually – Proposal
The cost of closing down a euro zone bank will initially be borne almost fully by its home country, but the…
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Euro zone
Lagarde to Bloomberg: ‘Crossing Fingers’ for the Euro Zone
IMF Managing Director Christine Lagarde spoke with Bloomberg Television’s Sara Eisen in Jackson Hole, WY today,…
European Stocks Wobble Ahead of GDP Release
European stock markets opened cautiously lower on Wednesday, as investors awaited second-quarter GDP data from the…
France in a Recesssion, GDP Data Confirms
French gross domestic product contracted in the first quarter of the year, confirming the euro-zone's second…
Euro Slips On Euro Zone First Quarter GDP Fall, Shares Rise
The euro hit a six-week low against the dollar on Wednesday after data showing the euro zone economy contracted…
Gold Prices Aim For Upbeat End To Rough Month
Gold futures rose in electronic trade Tuesday, but the precious metal was still in line to post its worst monthly…
EU Says Euro Zone To Shrink In 2013 As Unemployment Rises
The euro-area economy will shrink in back-to-back years for the first time, driving unemployment higher as…
13 Italian Plants Weigh Investing In Egypt; Industry Minister Says
Some 13 Italian factories operate in different productive sectors; the majority is engineering industries that are…
Berlusconi Says Italy May Be Forced To Leave The Euro Zone
Former Prime Minister Silvio Berlusconi said on Tuesday that Italy would be forced to leave the euro zone unless…
Euro Zone, IMF To Seek Greece Deal, Debt Write-Off Main Problem
Euro zone finance ministers and the International Monetary Fund will seek to unfreeze the second bailout package…
