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Showing search results for ‘Eurozone

625 results found

SBS News

Spain admits it will miss economic target

Spain's Socialist government admitted for the first time that it will miss its 2011 economic growth target, just four days before an expected election drubbing.

3 min read

SBS News

Germany 'holds out against Greek debt cut'

Eurozone finance ministers will review progress on the Greek bailout program on Monday, but Germany is urging more reforms.

1 min read

SBS News

Italy begins crisis talks with EU

Italian Finance Minister Giulio Tremonti headed into emergency talks with eurozone chief Jean-Claude Juncker amid fresh worries of Europe's sovereign debt crisis engulfing Italy and Spain.

3 min read

SBS News

Greece can emerge from crisis: Sarkozy

Sarkozy says it had been an error to admit Greece to the eurozone in 2001 but he was confident the country could emerge from its debt crisis.

2 min read

SBS News

France, Belgium may step in to save Dexia

Eurozone partners put back a decision on whether to resume bailout funding for Greece, but categorically ruled out any chance of a debt default.

2 min read

SBS News

ECB disappoints markets

The European Central Bank has disappointed markets hoping for dramatic action to tackle the eurozone debt crisis that claimed Ireland as its most recent victim and now threatens Spain.

2 min read

SBS News

Factbox: The Greek economy

Here are some basic economic figures for Greece, after eurozone ministers approved a second bailout package for Athens.

3 min read

SBS News

Cyprus bailout not up for debate

Germany says the amount of a eurozone bailout for Cyprus would not rise after the debt-laden island state's president said he would appeal for extra assistance.

3 min read

SBS News

Latvia becomes 18th country to adopt euro

As the new year is rung in, Latvia becomes the latest member of the eurozone, despite half the country being opposed to adopting the euro.

1 min read

SBS News

IMF sees faster global growth

The International Monetary Fund said the global economic recovery was gaining traction, but highlighted risks from the eurozone financial crisis.

4 min read

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