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Central banks ready to act as world prepares for Greek poll

YoopyaJun 15, 20120

(Reuters) – Central banks from major economies stand ready to take steps, including coordinated action, to stabilize markets as world economies prepare for a possible

EU Commission: Bloc needs long-term plan now

YoopyaJun 14, 20120

BRUSSELS (AP) — The head of the European Union’s executive body urged the region’s leaders on Wednesday to show the world that they were ready

Osborne says Greece may have to quit euro

YoopyaJun 13, 20120

(Reuters) – Europe may need to sacrifice Greece’s membership of its single currency bloc in order to convince Germany to put in more money to

Assange appeals against UK extradition decision

YoopyaJun 12, 20120

(Reuters) – WikiLeaks founder Julian Assange has appealed against Britain’s Supreme Court’s decision to back his extradition to Sweden over alleged sex crimes. Two weeks

Austrian minister says Italy too may need bailout

YoopyaJun 12, 20120

(Reuters) – Raising the stakes in Europe’s debt crisis, Austria’s finance minister said Italy may need a financial rescue because of its high borrowing costs,

Spain told it will be under “troika” supervision

YoopyaJun 11, 20120

(Reuters) – Spain faces supervision by international lenders after a bailout for its banks agreed at the weekend, EU and German officials said on Monday,

French Vote Raises Socialists’ Hopes for Majority in Parliament

YoopyaJun 11, 20120

PARIS — President François Hollande’s Socialist Party and its allies appeared to be on course Sunday night for a majority in the French National Assembly

Spain’s Premier Steps Up, With Caveats for Europe

YoopyaJun 11, 20120

MADRID — Spain’s agreement to take a European bank bailout pushes the country into a pivotal role in determining how — and if — the

Spain to seek bailout up to 100 billion euros in days: sources

YoopyaJun 9, 20120

(Reuters) – Spain will request aid from its euro zone partners of up to 100 billion euros but not until it has a clearer idea

Exclusive: Spain to request EU bank aid on Saturday: sources

YoopyaJun 8, 20120

(Reuters) – Spain is expected to request European aid for its ailing banks at the weekend to forestall worsening market turmoil, becoming the fourth and