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European Leaders

European Leaders

Sean Gallup/Getty Images
Sean Gallup/Getty Images
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Euro Drops Below $1.30 For First Time Since Jan.

LONDON (AP) — The euro has fallen below $1.30 for the first time since Jan. 12 amid ongoing concerns that last week's summit of EU leaders has not gone far enough in fixing the currency.

Europe's single currency, which is used by 17 nations, has managed to hold its own for much of this year despite rising concerns over the level of government debt in a number of countries

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Guido Bergmann/Bundesregierung-Pool Via Getty Images
Guido Bergmann/Bundesregierung-Pool Via Getty Images
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23 EU Nations Agree To New Treaty To Save Euro

BRUSSELS (AP) — The 17 countries that use the euro, plus six of their European Union partners, agreed Friday to an ambitious treaty tying their finances together in the hopes of solving Europe's debt crisis

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Spencer Platt/Getty Images
Spencer Platt/Getty Images
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Stocks Rise As European Leaders Hash Out Plans

Stocks rose broadly in morning trading Monday on hopes for a plan to restore long-term confidence in the euro.

The Dow Jones industrial average jumped 140 points, led by banks. Italian bond yields dropped sharply after a new government there introduced new austerity measures aimed at restoring confidence in that country's debt

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