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Home » Latest News » EU Economy
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Dollar climbs on renewed worries over Greece (AP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 20:33:27 GMT
AP - The dollar rose Thursday as Greece warned that it will be forced to turn to the International Monetary Fund if the European Union can't agree to a bailout plan.

Greece urges EU aid, but Germany 'open' to IMF appeal (AFP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 19:54:40 GMT
A man enters a taxi during a 24 hour strike of Greek taxi drivers in Athens. Greece warned on Thursday it could call on the IMF for help unless European leaders offered financial aid next week, with Germany now appearing "open" to the idea as the Greek debt crisis hit the euro.(AFP/Aris Messinis)

FTSE 100 shares in the red (AFP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 17:09:39 GMT
FTSE 100 shares ended in the red at the close of trade as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit.(AFP/File/Shaun Curry)

Greece: Will ask for IMF help if EU fails (AP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 16:30:40 GMT
Greek Prime Minister George Papandreou speaks during a conference regarding the economy at the European Parliament in Brussels, Thursday, March 18, 2010. Papandreou said Thursday his country needs a firmer eurozone bailout plan to lift market pressure on his government and lower its borrowing rates. He told a European Parliament Committee Thursday that 'this is not to be asking for money, but to have some form of an instrument on the table.' (AP Photo / Virginia Mayo)

Strikes in Greece over proposed tax law overhaul (AP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 12:39:24 GMT
A closed gas station is seen during a strike in northern Athens on Thursday, March 18, 2008. Greek taxi drivers and many gas station owners are striking against a proposed overhaul of tax laws under the government's efforts to overcome its debt crisis. (AP Photo/Thanassis Stavrakis)

UK public sector debt climbs above 60 pct of GDP (AP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 11:38:22 GMT
AP - Public sector debt in the United Kingdom climbed above 60 percent of GDP in February as government agencies borrowed another 12.4 billion pounds ($19 billion), the Office for National Statistics said Thursday.

European stocks slip on doubts over Greek rescue (AP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 11:09:58 GMT
An investor looks at a stock price monitor at a private securities company Wednesday, March 17, 2010 in Shanghai, China. Asian stock markets have pushed higher after the U.S. central bank again pledged to hold interests rates low and gave mildly optimistic assessment of the world's largest economy. China's main Shanghai index added 1.9 percent Wednesday. (AP Photo/Eugene Hoshiko)

FTSE 100 stocks dip at open (AFP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 10:28:40 GMT
Leading shares dipped at the open as profit-takers moved to cash in on the previous day's gains.(AFP/File/Ben Stansall)

Greek PM warns over effect of high borrowing costs (Reuters)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 09:45:22 GMT
Reuters - Greece's prime minister warned on Thursday that Athens would not be able to make planned deficit cuts unless it can borrow money more cheaply and said he would prefer not to have to turn to the IMF for help.

Italy sees self as resilient to economic collapse (AP)
EU Economy News - Yahoo! News - Thu, 18 Mar 2010 04:38:32 GMT
FILE - In this file photo taken Feb. 3, 20 c48 10, oncoming demonstrators shout slogans during a labour strike outside the Fiat Mirafiori assembly plant in Turin, northern Italy. Will the Italian economy be the next to face a crisis? Italians, by nature prone to living in the moment, aren't much worried. But even as Greece wins temporary respite from its debt crisis, Italy remains in the sights of the world's euro-skeptics for good reasons. (AP Photo/Massimo Pinca, File)

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References:
i. Small Business Encyclopedia - Libraryo.com
ii. Encyclopedia of Business and Finance - Libraryo.com


   

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