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Showing search results for ‘Eurozone

616 results found

SBS News

IMF welcomes urgent aid to Greece

The IMF welcomed Europe's urgent aid to save Greece from default, after eurozone finance ministers cleared the way for the debt-hit nation to receive 12 billion euros by mid-July.

2 min read

SBS News

Eight European banks fail EU stress tests

Eight European banks, including five from Spain, failed crucial EU stress tests with lenders facing rising pressures from the eurozone debt crisis.

5 min read

SBS News

Merkel, Sarkozy vow faster euro action

France and Germany have vowed faster action to deal with the eurozone crisis, as the euro flirted with new lows on the market.

4 min read

SBS News

Europe labours over rescue deal

Eurozone finance ministers vowed to fix the region's finances after expressing concern at the plunging euro, but announced more talks to finalise the massive rescue fund for debt-hit members.

4 min read

SBS News

Swiss move on franc risky: analysts

Switzerland sprang a surprise, placing a floor on the euro's value against the Swiss franc on Tuesday, but analysts said this was a risky defence against the eurozone crisis.

5 min read

SBS News

Greece dissolves parliament for election

Greece's parliament has been dissolved ahead of an early election, as international creditors fear a potential Greek exit from the eurozone.

2 min read

SBS News

Merkel warns Germany of 'more difficult 2013'

Chancellor Angela Merkel has warned Germans that the economy would experience a harder time next year than in 2012 and warned that the eurozone debt crisis was far from over.

3 min read

SBS News

PM steps down in deal to save Greece

The two main Greek political parties have agreed on February 19 as the best date for early elections in the debt-strapped eurozone country, the finance ministry says.

6 min read

SBS News

Greece may get more aid

Eurozone nations will likely offer Greece more support soon, but any new help would come in exchange for further austerity and reform measures, European officials said.

5 min read

SBS News

Britain in danger of new recession: thinktank

The ongoing crisis in the eurozone and sapped consumer confidence risk sending Britain into a new recession, a leading centre-left thinktank has warned.

2 min read

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