The question does not address the future of the euro currency— which many believe is at stake— or the future of Greece's relationship with the 28- nation European Union. "Should the plan of agreement, which was submitted by the European Commission, the European Central Bank and the International Monetary Fund in the Eurogroup of 25.06. 2015 and is comprised of two...» Read More
European stocks are likely to open higher on Friday, as Group of Seven countries agree to joint intervention to stem the yen's gains.
While we await the outcome of the nuclear disaster in Japan, we could be witnessing a structural change in the global financial markets.
European shares are set to open higher on Thursday even as the nuclear crisis in Japan worsened and yen surged to a record high against the dollar.
After two days of heavy selloffs instigated by the disasters in Japan, European shares look set open higher at the start of trading Wednesday.
European Union governments should consider the possibility of "stress tests" on European nuclear power stations to check they meet safety requirements, the EU's executive Commission said on Tuesday.
Stocks across Europe are indicated to drop sharply when trading starts Tuesday pulled down by a major selloff in Japan and weakness across the rest of Asian markets.
Japanese markets are behaving consistent with recent post-disaster pattern: a lower stock market, lower government bond yields and a mixed outcome for the currency.
Markets have cheered a surprisingly broad European package of measures to tackle the government debt crisis that has over the past year threatened the existence of the euro currency.
The yen is stable for now after moves by the Bank of Japan, and the dollar is depressed by OPEC selling — it's time for your FX Fix.
Friday night’s deal in Brussels was only made possible by sovereign downgrades and skyrocketing bond yields that still have the potential to push the periphery countries over the edge.
European shares are seen opening lower on Monday as markets continue to look at the impact of the earthquake and tsunami that hit Japan on Friday.
Traders went home Friday thinking about Japan's tragic earthquake and tsunami, more possible unrest in the Middle East, and Europe's sovereign debt problems.
Euro zone leaders have agreed to coordinate their economic policies more closely — more or less.
European shares look set for a lower open on Friday ahead of Saudi Arabia's "Day of Rage" and the European Union Summit in Brussels.
Debt crisis? What debt crisis? The EU leaders want to work on their competitiveness pact at their March 11 meetup. Expect the euro to continue slipping.
Euro traders are glum ahead of the EU summit, and rate cuts sting in New Zealand. It's time for your FX Fix.
European futures fell further on Thursday after Moody's announced that it had downgraded Spain's sovereign debt by one notch to Aa2 with a negative outlook.
Local residents in a small town north of Athens, angry at losing their exemption from paying tolls for using a 500m stretch of motorway, raised a banner saying “Den Plirono” (“I won’t pay”). In four months, Den Plirono has grown to a nationwide anti-austerity movement, reports the Financial Times.
New rules capital requirement for banks in Spain come into force on Thursday and Spain's vulnerable savings banks are looking around for any extra cash.
Many in Europe worry that they will face new waves of illegal immigration not only from the liberated areas in the north, but from much of sub-Saharan Africa as well, the New York Times reports.