Europe

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-reduc…
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 clo…
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 Europ…
Oil Prices Drop Below $98 Per Barrel
NEW YORK (AP) — The price of oil dropped below $98 per barrel Monday as investors continued to worry about Europe’s debt problems. Benchmark crude fell $1.45 to $97.54 per barrel in New York, while Brent crude, used to price many international varieties, lost $2.21 at $111.95 per barre…