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EUROZONE BAILOUT
- No deal this month on Cyprus bailout: Jean-Claude Juncker
Cyprus is unlikely to see a rescue accord agreed this month, eurogroup head Jean-Claude Juncker said Thursday.
- Timothy Geithner, German Finance Minister Wolfgang Schaeuble emphasise need for cooperation for growth
US and Germany will continue to work together closely with their partners to stabilise the economies in Europe and around the world.
- Draghi pledges to save Europ's single currency; euro surges
Mario Draghi, speaking at a global investment conference, said that ECB would 'do whatever it takes to preserve the euro' and added 'it wil...
- Just bailouts do not inspire confidence that the EU crisis will be resolved: Douglas Blake, Newbridge Securities Corporation
I am very troubled by the notion that every country is now going to need some sort of a bailout.
- Spain borrowing costs hit euro-era record in bank crisis
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...
Greek debt bailout wins two cheers from investorsGreece's government has to convince its lenders it can enforce the spending cuts that won it 130 billion of aid, its second rescue in three...
- Portugal should consider rescue, says Roubini
Economist Nouriel Roubini says Portugal should consider asking for a bailout before its financial plight worsens.
- Euro slumps to two-month low on Ireland rescue, Korea fears
The euro hit a new two-month low on Monday and equities struggled, as Ireland's bailout failed to ease eurozone debt concerns.
- Merkel, Sarkozy want quick bailout for Ireland
Merkel and French President Nicolas Sarkozy also called for a swift conclusion of the negotiations for an Irish bailout.
- 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.
- Eurozone nations set up $1 trillion bailout fund
Fund could rescue any nation of EU's currency union from default, aiming to soothe mkt jitters. Top 5 picks | Mid-term picks | Stock tips |...
- Eurozone nations set up $1 trillion bailout fund
Eurozone nations started setting up a bailout fund that could rescue any member of Europe's currency union from default. EU's $1 tn rescue ...
- Euro plunges to four-year low in Asia
The euro tumbled to its lowest level since April 2006 in Tokyo trade Monday as persistent fears over eurozone debt to hammered the single c...
- Eurozone releases 110 bn euro bailout package for Greece
The heads of state and governments of the 16 eurozone nations on Friday launched a historic 110 billion-euro financial aid package to bailo...
- Eurozone agrees bailout for Greece
After weeks of wrangling over whether and how to help Greece out of its financial crisis, the leaders of eurozone nations have reached a de...
- Eurozone agrees on bailout plan for Greece
The sixteen eurozone nations of the European Union on Monday agreed on an emergency plan to rescue heavily indebted Greece from bankruptcy.
- Eurozone readies possible bailout for Greece
Eurozone finance ministers agreed Monday to offer financial help for Greece - likely in the form of bilateral loans - but refused to give d...