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EU summit produces surprise moves to bolster struggling euro
World NowEuropean Union leaders surprised and impressed markets worldwide Friday by taking unexpectedly decisive action to boost confidence in the struggling euro common currency at a summit where little had been expected except impasse and discord.... -
Eurozone unemployment climbs to record high in May
World NowUnemployment in the 17-nation Eurozone climbed to another record high in May, reflecting deep public sector job cuts and a lack of employer confidence in the most indebted, recession-wracked countries that use the euro common currency.... -
International inspectors arrive in Athens for economic review
World NowATHENS — After months of political paralysis, international debt inspectors returned to Athens on Thursday to assess how much progress — if any — cash-strapped Greece had made in grueling attempts to fix its faltering economy. Their... -
British ministers join soccer boycott that is riling Ukraine
World NowBritish ministers pledged Thursday to boycott the early games in the upcoming Euro 2012 soccer tournament over concerns for jailed former Prime Minister Yulia Tymoshenko, despite Ukrainian pleas that soccer and politics shouldn't mix.... -
Spain's borrowing costs rise, stocks sink following bank rescue
World NowMADRID -- Spain's borrowing costs flirted with record highs Monday and stock prices sank on the first trading day since Madrid agreed to give $24 billion of taxpayers' money to rescue its largest real estate lender. The country's prime minister vigorously... -
Europe ponders 'banking union' to avert further euro crises
World NowEuropean leaders called Wednesday for the 17-nation Eurozone to create a "banking union" to collectively stabilize struggling financial institutions and protect national governments from taking on excessive debt to bail out their banks.... -
Eurozone crisis: A love-hate relationship imperils the currency
World NowGlobal focus: The Irish voted "with a heavy heart" this week to tough out the hardships of remaining a member of the Eurozone. Greek and French voters protested the pain of austerity by throwing out leaders who had been slashing jobs and services to... -
New data add to worries about European economies
World NowWith European leaders squabbling over how to revive their withering economies, new market indicators Thursday showed the steep challenge they face, including signs that even powerhouse Germany may be heading for trouble.... -
Euro zone unemployment at record high 10.9%
Unemployment in the 17 countries that make up the euro zone was at a record high of 10.9% in March, according to a new report that likely has incumbents in Sunday’s elections breaking into a cold sweat. The jobless rate is up from 10.8% in February...
Tags: Politics, Europe, Greece, Automatic Data Processing, Inc., Labor Markets
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'Grexit': Are Greece's euro fears causing a $1-billion bank run?
Greek officials were busy today cobbling together an emergency plan after talks to form a coalition government disintegrated Tuesday. In the meantime, Greeks have withdrawn $900 million from local banks. So said President Karolos Papoulias, according...
Tags: Europe, Politics, Greece, Social Media, Germany
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Euro crisis imperils recovering global economy, OECD warns
World NowMost major economies are enjoying growth and recovery after four years of turmoil but the improvements are uneven and the Eurozone crisis could spill outside Europe "with very serious consequences for the global economy," the Organization for Economic... -
Greece in last-ditch effort to form a government
World NowGreece's president began a last-ditch effort Sunday to broker a deal for a coalition government after last week's inconclusive elections. The financially ailing nation is without a government at a time when it most needs one....
Jun 29, 2012
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Jul 2, 2012
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Jul 5, 2012
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Jun 7, 2012
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May 28, 2012
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May 30, 2012
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Jun 2, 2012
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May 24, 2012
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May 2, 2012
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May 16, 2012
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May 22, 2012
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May 13, 2012
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