Topic: Euro (Currency)
Asian stock markets pushed higher Wednesday after the U.S. central bank again pledged to hold interest rates low and gave a mildly optimistic assessment of the world's largest economy. Major markets advanced by 1 percent or more and crude oil prices cracked $82 ...
Europe insisted Tuesday that a contingency plan to save Greece from bankruptcy with emergency loans was only prudent foresight and unlikely to be enacted, as Athens pushed for concrete details. As the eurozone tackled a government debt crisis that has exposed deep divisions, European Union partners made it clear that the 27-nation bloc sees any eventual aid as a necessary ...
BRUSSELS (Reuters) - EU finance ministers backed plans on Tuesday by countries in the euro area to help debt-stricken Greece financially if it becomes the first state in 11 years of monetary union to seek such aid. "It will be decided by the European Council (of EU leaders) when the time comes, if and when Greece were to ask," Spanish Economy ...
