Latvia joins the eurozone on New Year’s Eve
Latvia joined the euro area on 1 January 2014, becoming the 18th member of the group of EU countries to ...
Tag: euro area
The IMF admits it has made mistakes in dealing with the bailout in Greece
The International Monetary Fund has acknowledged that it made mistakes regarding the first international rescue in Greece. The IMF said ...
Latvia will become the 18th country to use the euro in 2014.
Latvia will become the 18th EU country to use the euro once it is approved for membership by the European ...
Ireland and Portugal will receive an additional 7 years to repay rescue loans
Ireland and Portugal must be given an additional seven years to repay their emergency rescue loans. The EU and the ...
Asian stock markets are rising after the ECB announced new plans for the eurozone
Asian stock markets have risen by joining a global rally after European Central Bank President Mario Draghi unveiled a plan ...
Mario Draghi presented the plan for buying Eurobonds of the European Central Bank in euros
European Central Bank President Mario Draghi has revealed details of a new bond-buying plan aimed at easing the eurozone debt ...
The euro area economy shrank by 0.2% from April to June
The euro area economy contracted by 0.2% in the three months from April to June compared to the previous quarter. ...
The German economy grew by 0.3% in the second quarter of 2012.
The German economy grew by 0.3% in the second quarter of 2012, supported by exports and domestic consumption. Earlier, France ...
Spanish and Italian borrowing costs are rising ahead of the eurozone summit
Italian and Spanish bond yields rose ahead of a summit of eurozone finance ministers on Monday. The yield on Spanish ...
Spanish banks are boosting the euro and stock markets in Asia
The euro and stock markets rose in Asia after a deal to strengthen troubled banks in Spain eased fears of ...
Spanish rescue banks will be discussed by eurozone finance ministers
Eurozone finance ministers will hold a conference call to discuss a bailout for Spanish banks. EU sources say Madrid could ...
European stock markets after Greek poll over the weekend showed support for the Conservative Party
European markets have risen after a weekend poll in Greece showed growing support for the Conservative Party, which supports austerity. ...
Trading in Bankia shares was suspended amid a bailout
Trading in shares in Bankia, the fourth largest bank in Spain, has been suspended in Madrid. Bankia requested that they ...
