 German financial crisis jokes fall flat for AthensAthens has declared its displeasure at recent German attempts to make light of the financial crisis facing the... | |
| German Finance Ministry Unaware Of Greek Bailout Deal . "We are not aware that this is being planned," a ministry spokesman said, adding that Greece had not requested any aid. "Greece is implementing its (savings) program and we... |
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| European Stocks Climb For A Second Week As Greece Concern Fades March 13 (Bloomberg) -- European stocks rose for a second week, sending the Stoxx Europe 600 Index to the highest level in more than seven weeks, as concern eased that Greece will fail to contain the... |
| Pound, Euro Up; Usd, Yen Down (Figures in Rupees) --------------------- Currencies Buy Sell US Dollar 42.80 47.85 Sterling Pound 65.25 72.45 Euro 58.75 65.55 Australian Dollar 39.65 43.70 Bahrain Dinar 112.55 128.25 Canadian... |
| Euro Rallies Versus Dollar On Talk Of Greek Bailout (RTTNews) - The euro continued its comeback versus 'safe haven currencies' on Friday, touching a monthly high versus the dollar amid renewed faith that the Greek debt crisis can be contained.... |
| Eurozone Industrial Output Grows Strongly BRUSSELS: Factory output across continental Europe's core euro currency zone surged ahead in January, delighting analysts, although not enough to remove longer-term concerns. Official statistics... |
| Global Stocks, Euro Gain, Oil Falls (MENAFN - Arab News) Global stocks edged higher on Friday, despite mixed signals on the US economy, as strong euro zone economic data dragged the US dollar to a one-month low against the euro and... |
| Italy To Operate Most Powerful Solar Plant In European Union MILAN -- Europe's most powerful solar power plant is set to start operations in Italy later this year, the U.S. company building the installation on an area as large as 120 football pitches said on... |
| Ubs Says Irs Has 20 Swiss Banks In Its Sights tax treaty with the U.S., and that other Swiss banks may be next to face pressure from American regulators. In a letter to parliamentarians, the banking company said... |
| Eu Ministers To Map Out Greek Rescue Plan problems if they ever get to that stage," one European source told AFP. European leaders have promised they will come to Greece's aid "if necessary," but the detail of how... |
| Investors Buy Up Irish And Greek Bonds Citigroup bank said. Investors also turned net sellers of benchmark German bonds for the first time in weeks, according to Citigroup data based on trading flows through the bank. EU finance ministers... |
| Eu's Industrial Output Enjoys Fastest Monthly Rise In 20 Years Luxembourg said.The increase was more than double the 0.7pc gain projected by economists, in a Bloomberg survey. Output was 1.4pc higher than January last year -- the first annual increase since... |
| Eurozone Ministers To Finalize Bailout Plan For Greece: Report Finance ministers of eurozone countries were expected to finalize a bailout plan for Greece at their meeting next week, a news report said on Friday. The Guardian said that eurozone countries have... |
| German Fm Favors Euro Zone Rescue Fund Combined With Heavy Penalties German Finance Minister Wolfgang Schaeuble on Friday fleshed out his idea for setting up an International Monetary Fund-style fund in the euro zone that would help bankruptcy-threatened states as the... |
| Euro Zone 'agrees Bailout For Greece' The eurozone has agreed a multi-billion euro bailout for heavily indebted Greece as part of a package to support the euro, the UK's Guardian newspaper has... |
| Euro Zone Agrees Bailout For Greece -- Paper A teller counts euro banknotes inside a National Bank of Greece branch in A... The euro zone has agreed a multi-billion euro bailout for heavily indebted Greece as part of a package to support the... |
| Euro Zone Agrees Bailout For Greece: Report Greece as part of a package to support the euro, the Guardian newspaper reported on Saturday. The 16 euro zone members have agreed on "coordinated bilateral contributions" in the form of... |
| Forex-dollar Slides To 1-mo Low Vs Euro; Sterling Rises * Investors pare back huge bearish bets on euro, sterling * U.S. retail sales beat expectations * Euro zone industrial output rises * Odds Yellen to become Fed vice chair weigh on dollar (Updates... |
| Summary Box: Gold Retreats As Euro Concerns Ease GOLD DROPS: Gold prices continued to fall as concerns about the euro have eased. It's down nearly 4 percent in less than two weeks. OIL DOES TOO: Oil and other energy contracts fell after mixed... |
| Gold Continues Pullback As Euro Strengthens NEW YORK — Gold continued to retreat Friday as investors grow more confident in the strength of currencies. Gold had rallied throughout February and into early March as investors pulled out of... |
| Brown Sees Eu Agreement On Hedge-fund Rules In Coming Days March 12 (Bloomberg) -- U.K. Prime Minister Gordon Brown said European Union nations may reach an agreement on hedge-fund regulation within days, threatening to escalate tensions with the Obama... |
| Greek Deficit Shrinks As Eu Deadline Looms March 12 (Bloomberg) -- Greece’s budget deficit narrowed in the first two months of the year, the government said today before a European Commission deadline next week to show public finances... |
| New York Ties London As Financial Center March 12 (Bloomberg) -- London and New York hold equal first place in a ranking of global financial centers after the British capital lost its primary ranking because of concern over higher taxes and... |
| Eurozone Works On Rescue Plan For Greece Members of the eurozone are working on the details of a possible bail-out for Greece ahead of a meeting in Brussels on Monday, although obstacles to a final agreement have yet to be overcome,... |
| Global Stocks, Euro Gain; Oil Falls NEW YORK: Global stocks edged higher on Friday, despite mixed signals on the US economy, as strong euro zone economic data dragged the US dollar to a one-month low against the euro and risk aversion... |
| Safari In Sri Lanka, New Euro Hotels And Cooking In Andalucia Peace in Sri Lanka has brought with it new opportunities and rekindled old ones. The latest is the reopening of Wilpattu National Park, one of the best spots in Asia to see leopards. The forested... |
| Eurozone To Agree Greece Bail-out Deal On Monday, Press Report Says London/Brussels - Eurozone finance ministers are set to agree a multi-billion dollar bail-out deal for Greece at an upcoming meeting in Brussels, a report in The Guardian newspaper said on Friday,... |
| Pope Had Role In Moving Molesting Priest, Church Says (Adds meeting today in Rome in sixth, allegations against pedophile priest beginning in 10th paragraphs.) By Patrick Donahue and Flavia... |
| Trichet Says Rating Firms Will Respect ‘courageous’ Greece Plan March 12 (Bloomberg) -- European Central Bank President Jean-Claude Trichet said Greece’s plan to cut the euro-area’s largest budget deficit will win the backing of investors and... |
| Marchionne Shifts Hiring Strategy In Fiat’s U.s. Move March 12 (Bloomberg) -- Sergio Marchionne’s hiring of former Volkswagen AG executive Laura Soave to reintroduce the Fiat brand in the U.S. breaks with the Chrysler Group LLC chief executive... |
| Haughey Son-in-law Hit With €1.4m Tax Demand Charlie Haughey’s son-in-law has been hit with a €1.4m bill for unpaid taxes, it was revealed today.John Mulhern, racehorse trainer and retired boss of the Meadow Court Stud, The Curragh,... |
| Dollar Eases To Euro, Near Parity Versus Loonie (RTTNews) - The dollar slumped badly on Friday amid growing speculation that Europe can avoid the sovereign debt crisis that had earlier cast doubt sustainability of a continental currency.A mixed... |
| Forex-dollar Slips On Fed Speculation; Euro Gains * Euro rises to 1-mo high vs dollar at $1.3796 EUR= * Dollar index touches 3-week low of 79.692 .DXY * Yen weighed on expectations BOJ may ease policy next week * Canada dollar rises beyond C$1.02,... |
| Patchwork Pension Plan Adds To Greek Debt Woes Vasia Veremi may be only 28, but as a hairdresser in Athens, she is keenly aware that, under a current law that treats her job as hazardous to her health, she has the right to retire with a full... |
| Ftse Shares Close Higher LONDON (AFP) – FTSE 100 shares ended slightly higher on Friday on news that retail sales in the United States rose unexpectedly in February for the second straight month. The benchmark... |
| Pope Had Role In Moving Molesting Priest In 1980, Church Says March 12 (Bloomberg) -- Pope Benedict XVI, during his tenure as archbishop of Munich, played a role in a decision to move a priest accused of molestation to undergo therapy in his diocese. The priest... |
| Eu Said To Discuss Eu Bonds To Fund Any Greek Rescue (Adds report of EU agreement in fifth paragraph, European Parliament member comment in sixth, updates bond prices. For more about Greek crisis {EXT3 <GO>}.) By John... |
| Five Years For Man Who Held Cash After €7.66m Bank Heist A Longford resident has been given a five-year sentence for possessing part of a €7.66m bank heist following the tiger kidnapping of a bank employee, his girlfriend and her family.Gardaí accepted... |
| Glance-ftse Supported By Telecos, Bskyb; Mixed U.s. Data By David Brett LONDON, March 12 (Reuters) - Britain's top shares closed 0.2 percent higher on Friday, led by a recovery in mining stocks and strength in mobile telecoms, and as BSkyB rose on market... |
| The World From Berlin: 'there Is No Alternative' To The Euro '); } // --> Greece's budget deficit is now running four times higher than limits set by euro zone rules. The crisis has fuelled currency speculation -- amid concern that Greece may be the first... |
| Dollar Slips On Fed Speculation; Euro Gains LONDON (Reuters) - The euro rose to a one-month high against the dollar on Friday as traders covered short positions and the U.S. unit fell on reports a policy dove was a leading candidate for vice... |
| Swiss Franc Gains Vs Euro, Dollar LONDON, March 12 (Reuters) - The Swiss franc gained on Friday, rising to one-month highs against the euro and dollar. The franc's rise come a day after the Swiss central bank left interest rates... |
| Bhp, Anglo, Xstrata Ship Coal 10,000 Miles To China March 12 (Bloomberg) -- BHP Billiton Plc, Anglo American Plc and Xstrata Plc are shipping coal 10,000 miles to China from their Cerrejon mine in Colombia for the first time this year because of... |
