Europe

Merkel, Opposition Negotiating EU Growth Policy
Merkel, Opposition Negotiating EU Growth Policy
Merkel, Opposition Negotiating EU Growth Policy
BERLIN (AP) — German Chancellor Angela Merkel is holding talks with the country's opposition leaders to forge a compromise on proposals for a European growth initiative. Her center-right government needs the support of opposition parties to secure a two-thirds majority for the EU's new treaty enshrining fiscal discipline in Parliament...
Euro Falls As World Finance Leaders Discuss Europe
Euro Falls As World Finance Leaders Discuss Europe
Euro Falls As World Finance Leaders Discuss Europe
NEW YORK (AP) — The euro is falling against the dollar as leaders from the world's seven wealthiest nations discuss solutions to Europe's ongoing debt crisis. The euro fell to $1.2435 in afternoon trading from $1.2494 late Monday. Finance ministers and central bank presidents from the United States, Japan, Germany, France, Britain, Canada and Italy are holding a conference call to review options f
Oil Rises On Strong Economic Reports In US, Europe
NEW YORK (AP) — Oil prices are rising on strong U.S. corporate earnings and promising economic signs in Europe. Benchmark West Texas Intermediate crude added $1.59 to $104.52 per barrel in New York. Prices rose after a closely watched survey in Germany showed that investor sentiment unexpectedly rose for a fifth straight month...
Euro Vs Dollar As Europe Raises Bailout Fund
Euro Vs Dollar As Europe Raises Bailout Fund
Euro Vs Dollar As Europe Raises Bailout Fund
NEW YORK (AP) — The euro is rising against the dollar after the 17 nations that use the euro added to their bailout fund for countries troubled by debt. The euro group raised the emergency fund to to $1.1 trillion. In Spain, the new conservative government unveiled a $36 billion deficit-reduction plan, including spending cuts and a rise in taxes for big companies...
U.S. Stocks Down On Europe Worries
U.S. Stocks Down On Europe Worries
U.S. Stocks Down On Europe Worries
NEW YORK (AP) — Stocks dropped and yields for ultra-safe U.S. government debt fell to their lowest level this year Monday while financial markets around the world waited for Greece to nail down a deal to reduce its crushing debt. Greece and the investors who bought its national bonds were close to a deal over the weekend...
Markets Remain Cautious As Europe Remains Focus
Markets Remain Cautious As Europe Remains Focus
Markets Remain Cautious As Europe Remains Focus
LONDON (AP) — Stock markets in Europe and the U.S. fell Monday as attention switched back to Europe's often-stumbling efforts to get a handle on its debt crisis. A warning from Germany's leader that Greece may not get its next batch of bailout cash reinforced concerns that Europe has a long way to go before it can claim to have got the confidence of markets...

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