- EU leaders struggle to tame debt crisis amid contagion
Europe’s fractious government leaders were back in the spotlight after a divided European Central Bank restarted its bond-purchase programm...
06 Aug, 2011, 05.17 AM IST
- George Soros mistrusts EU aid as Ireland’s default risk soars
Irish bonds have rallied since the country secured the bailout on November 28 and as the European Central Bank bought the country’s securit...
07 Jan, 2011, 05.55 AM IST
- Washed away on the QE2
The credit-transmission mechanism in the US - and elsewhere - has been seriously damaged since 2007.
07 Jan, 2011, 03.27 AM IST
- ECB chief seeks more bailout fund flexibility
European Central Bank president Jean-Claude Trichet said European governments should consider extending and broadening the region’s bailout...
15 Dec, 2010, 06.37 AM IST
- Fitch slashes Ireland’s credit rating, again
Ireland’s credit rating was cut three levels by Fitch Ratings to the lowest of any of the major rating companies after the country sought i...
10 Dec, 2010, 06.29 AM IST
- S&P cuts Ireland’s debt rating, adds to woes
Ireland’s debt rating was lowered two steps by Standard & Poor’s, with a negative outlook, as the government prepares to unveil a 4-year de...
25 Nov, 2010, 01.26 AM IST
- Ireland swallows bitter pill, asks EU for loan
Debt-crippled Ireland has formally applied for a massive EU-IMF loan to stem the flight of capital from its banks.
22 Nov, 2010, 11.15 AM IST
- Irish cabinet meets on crisis plan as bailout looms
The meeting comes as the Irish officials hold a fourth day of tense talks with the European Union, European Central Bank and International ...
21 Nov, 2010, 12.02 PM IST
- Irish rescue plan due next week, but fear of contagion lurks
A financial aid plan to help Ireland cope with its battered banks will be unveiled next week, EU sources said on Friday.
20 Nov, 2010, 04.16 AM IST
- Rupee rises after 4 days on Irish bailout talks
The rupee rose, snapping a four- day decline, on speculation Ireland will receive international aid, helping to prevent contagion from spre...
19 Nov, 2010, 05.49 AM IST
- EU fighting for 'survival' over eurozone debts
Ireland's public deficit this year is set to pass 30 percent of GDP, 10 times the permitted EU limit and double last year's Greek deficit.
16 Nov, 2010, 03.55 PM IST
- Ireland may turn to EU for rescue
Ireland is considering asking for money for its banks from the European Union’s emergency fund in a bid to fend off a threatened bailout fo...
16 Nov, 2010, 01.17 AM IST
- World jobless total could rise by 25 million: OECD chief
The global economic crisis could push up unemployment by up to 25 million by 2010. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE...
22 Dec, 2008, 09.12 PM IST
- Irish shoppers head north as pound dips
The pound’s 13% slide against the euro this year is luring shoppers north, amplifying a slump in Irish retail sales as the economy slips in...
28 Nov, 2008, 12.00 AM IST
- Ireland steps in to protect banks after share slump
Ireland stepped in to protect its banking sector from the global financial crisis on Tuesday, announcing a guarantee on all deposits and se...
30 Sep, 2008, 10.32 PM IST
- Crisis deepens in Europe, Irish govt guarantees bank deposits
The Ireland administration on Tuesday announced a guarantee with immediate effect to safeguard deposits of country's banks in a bid to cush...
30 Sep, 2008, 03.26 PM IST
- Spanish vacation home boom may go bust soon
Vacation home prices in Spain, a leading indicator of Europe’s property market, may face a slump that’s worse than the real estate decline ...
21 Mar, 2007, 12.31 AM IST