Spanish Government Cuts Firing Costs, Changes Labor Rules
Spain’s government cut firing costs, changed wage-bargaining laws and decided that jobless people on benefits will…
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European Central Bank
Euro gains vs dollar on Greek austerity deal
The euro hit a two-month high against the dollar on Thursday, buoyed by news that Greece had clinched a deal needed…
ECB keeps benchmark interest rate on hold ahead of major refinancing operation
FRANKFURT: Germany, Feb. 9 (Xinhua) -- The European Central Bank on Thursday decided to keep the benchmark…
European Central Bank bows to reality over Greek bonds
It seems the European Central Bank has bowed to the reality that it could not expect to make a profit on the Greek…
