Mario Draghi, speaking at a global investment conference, said that ECB would 'do whatever it takes to preserve the euro' and added 'it wil...

Spain's bailout of its regions risks pushing the nation closer to a full int'l rescue after investors charged the nation more to borrow for...

Europe was plunged into fresh mkt turmoil as this week's visit by Greece's creditors rekindled concern the currency union will splinter.

The eurozone nations have sealed a deal for rescue loans up to $122 bn to Spain's banks amid speculation that Spanish govt may also seek a ...

I am very troubled by the notion that every country is now going to need some sort of a bailout.

Markets appeared to be in alarm despite eurozone powers striking a deal to extend Spain a banking sector rescue loan of up 100 bn euros ($1...

Spain appeared to be on the verge of seeking a bailout from the European Union this weekend to avert a meltdown of its troubled banking sec...

Spain is under increasing pressure to find a quick way to save its troubled banking sector from collapse.

Most of the Indians who have returned worked in the construction industry, which has suffered much in the ongoing financial crisis.

In reaction to the Portuguese issue, the Madrid stock market's Ibex-35 index soared 5.42 per cent on Wednesday, powered by banking shares.

Europe's debt crisis flared up once again Monday, as Portugal's borrowing rates briefly spiked to euro-era highs amid reports Germany and F...

Spain & Italy bond yields rose on fears of smaller bailouts. The yields on Spain's 10-year bonds jumped to 5.7% while Italy's reached highe...

Portuguese finance minister Fernando Teixeira dos Santos said European Union governments can’t impose a bailout on his country even as spec...

European Central Bank council member Axel Weber said governments can increase the size of the European Union-led bailout fund if necessary ...

Fears that the infamous PIGS - Portugal, Ireland, Greece and Spain - would spell trouble for the world at large have resurfaced.

The head of the International Monetary Fund is to visit Spain amid reports Madrid is seeking a bailout while the government bit the bullet ...

The EU and IMF bailout for debt-ridden Greece will have a positive effect on Spain as it will lower the cost of its debt and calm the marke...