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ECB to trim interest rates, but no more
Europe's sinking economy and wobbly banks could get modest help Thursday from an interest rate cut by the European Central Bank. Economists think the ...
Greece to present debt inspectors 'alarming' data
Greece's new government will present "alarming" data on its recession and unemployment to international debt inspectors this week, in a bid to ...
Asian stocks rise on hopes for stimulus measures
Asian stock markets rose Tuesday amid expectations policymakers will implement stimulus measures to help spur weak global growth. Japan's Nikkei 225 ...
Bailout envoy urges Greece to speed up reforms
A senior European Central Bank official urged Greece's new government on Monday to avoid further delays in implementing major structural reforms.
Asian stocks inch higher on Europe optimism
Asian stock markets inched higher Monday amid continued optimism over Europe's moves to ease its debt crisis and economic malaise. Japan's Nikkei 225 ...
ECB official: Greece must deliver '100 pct'
Greece must fulfill the targets of its austerity and reform program "100 percent" to stay in the euro, a top European Central Bank official said ...
Europe's bold rescue plan still awaiting details
Europe's leaders surprised skeptics with a bold plan to pump cash into troubled banks, reduce borrowing costs for Italy and Spain and stop forcing ...
Europe summit surprises with bold moves
After 18 disappointing summits since the start of the debt crisis, Europe's leaders appeared Friday to have finally come up with quick fixes and ...
Spanish govt bailout less likely after EU measures
The risk of Spain having to ask for a government bailout that would strain Europe's finances eased Friday after the continent's leaders agreed to give ...
Leaders face ambitious agenda at European summit
When they meet Thursday and Friday in Brussels, leaders of the 27 countries in the European Union will face a daunting task: Find a solution to a debt ...
European plan tries to convince Germany to do more
Top European officials have called on countries that use the euro to surrender more control over their national budgets, a move apparently aimed at ...
Spain's banks, government co-dependent on debt
The Spanish government and Spanish banks are perilously co-dependent. The financial strength of one hinges on the other, and right now both are ...
European leaders push for $163 bln in measures
The leaders of France, Germany, Italy and Spain have agreed to push for a growth package worth up to €130 billion ($163 billion) at a European Union ...
ECB eases lending to banks
The European Central Bank is making it easier for banks to take out its loans by allowing more kinds of securities to be offered up as collateral, a ...
IMF head warns of 'acute stress' in Europe
The head of the International Monetary Fund warned Thursday that the euro is under "acute stress" and piled pressure on Germany by advocating a series ...
ECB official backs using rescue fund to buy bonds
A top European Central Bank official has backed using a eurozone bailout fund to buy government bonds on the open market to ease market stresses from ...
Europe's relief from Greek vote likely fleeting
Greece's election result has eased fears of imminent financial disaster for Europe, but the continent's leaders are still searching for a way to ...
Spain crisis: Bond yield hits bailout danger zone
Spain's ability to manage its debt without an international bailout was thrown into doubt Monday after investors pushed its borrowing rates up to the ...
How shock waves will hit US if Greece drops euro
The unthinkable suddenly looks possible. Bankers, governments and investors are preparing for Greece to stop using the euro as its currency, a move ...
Stocks at 1-month high; now investors watch Greece
Stocks recorded their third big gain of the week and closed at a one-month high Friday because of expectations that the central banks of countries ...
Central banks stand ready on eve of Greek vote
On the eve of Greek elections, Europe's central bankers are hoping to avert a financial panic by signaling their readiness to support banks. At the ...
Draghi: up to politicians to fight eurozone crisis
European Central Bank head Mario Draghi warned EU leaders that they should not wait for more emergency help from the central bank to solve the debt ...
World stocks rise amid hopes for central bank help
World stock markets rebounded Friday on anticipation that central banks will act to keep any political instability in Greece following weekend ...
Asia stocks rise amid hopes for central bank help
Asian stock markets were mostly higher Friday as investors waded back into riskier assets amid hopes that central banks in the U.S. and elsewhere were ...
Spain calls for European integration to save euro
Spain faced mounting pressure Wednesday to bolster confidence in its financial system just days after accepting a €100 billion ($125 billion) plan to ...