Euro inches off multi-year lows in Asian trade The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.
25 July 2012
Markets panic as eurozone faces turbulent summer The world market panic that started the week looked all too familiar: an alarming reminder of last summer's financial storm brought on by the eurozone debt crisis.
24 July 2012
Moody's cuts Germany outlook Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."
24 July 2012
Euro falls to lowest against yen in over a decade The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.
New Greek government wins confidence Greece's coalition government breezed through a largely symbolic confidence vote late Sunday, winning the tough mandate of tackling a two-year-old crisis and keeping the country safely in the eurozone.
Furious Spanish investors seek Bankia scalps Furious pensioners who lost savings through investments in ruined lender Bankia booed its managers Friday, branding them thieves, at the first shareholders' meeting since the bank's huge rescue.
01 July 2012
2013 budget cuts are likely: MassimovPrime-Minister Karim Massimov told the Parliament that Nursultan Nazarbayev had instructed to consider "a negative scenario for 2012".
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