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European Stocks Gain on Hopes from EU Treaty

The new fiscal treaty for the European Union (even non-euro countries) has provided a boost for stocks. Only Great Britain and the Czech Republic fai[...] read more »
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Can Euro Sustain Its Rally? Unlikely

The 16-nation European currency showed the strong performance this summer, just as most traders lost any confidence in the currency. The questions, w[...] read more »
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Greece Bailout IMF European Union $145 Billion Aid

Finance ministers from the 16 countries that use the euro agreed Sunday to rescue Greece with euro110 billion in loans over three years to keep it fr[...] read more »
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EU Comissioner – Greek Recession will be greater

The EU commissioner of Economic Affairs Olli Rehn said that the recession in Greece is much greater than expected. According to many, recession in Gr[...] read more »
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The United States of Europe?

Karim Rahemtulla explains how the euro is destined to suffer a sharp decline once fiscally sound European Union members are forced to bail out their [...] read more »
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Euro Slips After Discussion of Mechanism to Prevent Debt Crisis

The euro fell today as the European Union’s leaders discussed the permanent debt mechanism, causing the concerns about the renewed debt crisis in Eur[...] read more »
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Euro Falls After Moody’s Downgrades Portugal’s Rating

The euro slipped today after Moody’s cut the debt rating of Portugal, increasing concerns about the financial crisis in the European Union. read more »
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Euro Rises on German Grow. Can Rally Be Sustained?

The euro extended its rally against greenback for the third day today as the Bundesbank raised its forecast for Germany’s economic growth. read more »
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Euro Rallies as ECB May Raise Interest Rates Next Month

The euro rose today for the second day against the US dollar as European Central Bank President Jean-Claude Trichet said that the bank may increase t[...] read more »
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Euro Rises as Bailout May Prevent Spreading of Ireland’s Problems

The euro rose today on the hopes that the bailout, provided for Ireland, would prevent Ireland’s debt problems from spreading to other countries of t[...] read more »
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Concerns for European Debt Undermines Euro’s Strength

The euro jumped today on the speculation that the rescue package would help Ireland to deal with its debt crisis, but after the sharp advance the cur[...] read more »
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Euro Goes Higher vs. Dollar on Prospect for Higher Rates

The euro reached the highest level in more than a year today against the US dollar on the speculation that the European Central Bank will raise its b[...] read more »
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Euro Slumps as Worries About Debt Crisis Reemerge

The euro experienced the sharp drop today as the optimism about Ireland’s bailout waned and the debt problems in other peripheral economies came to a[...] read more »
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Euro Falls After Ireland Receives Bailout

The euro dropped today after Ireland received the aid and the European policy makers ended discussion of the post-2013 bailouts. The currency was als[...] read more »
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Estonia Introduces Euro as National Currency Despite Its Weakness

The euro extended its losses today amid the threat of the sovereign-debt crisis, which may slow the economic growth in the Euro-region and further da[...] read more »
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