Euro Zone

Merkel supports stronger European Investment Bank

Article Staff Reporter - 28 Apr 2012

German Chancellor Angela Merkel has added her voice to calls to bolster the European Investment Bank and to use EU infrastructure funds more flexibly.

Oil falls to nearly $101 ahead of Europe meeting

Article Staff Reporter - 9 Jan 2012

Oil prices fell to near $101 a barrel on Monday in Asia amid investor concern over the outcome of a meeting between the leaders of Germany and France.

The second coming of the recession

Article bogdan TagDiv - 6 Jan 2012

European leaders were confronted this week by the ugly prospect of a second recession in three years.

Eurozone crisis hangs on ECB cash injection

Article bogdan TagDiv - 21 Dec 2011

Positive sentiment is being driven by a new measure by the ECB to pump liquidity into the markets, analysts say.

Greece: Lehman Brothers 2.0

Article bogdan TagDiv - 7 Oct 2011

Welcome to the new normal. Billions of pounds were wiped off the value of shares in London on October 4.

Labour urges Cameron to push for European growth

Article Adrian Croft - 25 Sep 2011

British opposition leader Ed Miliband has urged Prime Minister David Cameron to show leadership over the international economic crisis.

Europe digs ever deeper debt hole

Article bogdan TagDiv - 18 Sep 2011

Experts say Europe is digging an ever-deeper hole as it vows to resolve the euro zone crisis.

EU ministers see need for stronger banking sector

Article Staff Reporter - 17 Sep 2011

The EU has agreed that banks must be strengthened after July stress tests found a "systemic" crisis in sovereign debt threatened a credit crunch.

Demonstrations amid ongoing euro zone debt fears

Article bogdan TagDiv - 17 Sep 2011

A mass anti-austerity protest, called by unions, has taken to the streets, as EU ministers cut short talks on the euro zone debt crisis.

Obama urges eurozone leaders to act on crisis

Article Staff Reporter - 13 Sep 2011

The eurozone's leaders need to show markets they are taking responsibility for its debt crisis, says US President Barack Obama.

Greece cutting the fat to stunt growing debt

Article Staff Reporter - 11 Sep 2011

Greek Finance Minister Evangelos Venizelos has announced budget cuts totalling around €2-billion in exchange for a rescue package.

ECB exit worsens Stark crisis

Article bogdan TagDiv - 11 Sep 2011

The exit of Juergen Stark could hardly have come at a worse time for euro zone policymakers as they grope for a way out of their financial crisis.

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