Posts Tagged ‘euro zone’

European Central Bank (ECB) head Mario Draghi reportedly working on an unlimited, sterilized bond buying plan

To help troubled euro zone countries like Spain and Italy lower their cost of borrowing, European Central Bank (ECB) head Mario Draghi is reportedly pushing for a plan to purchase unlimited amount of their government bonds. Draghi is expected to present his plan for approval by the ECB’s governing council. Article © AHN – All […]

Moody’s lowers outlook for Germany, two others from stable to negative

Moody’s Investors Service cuts its outlook for three European nations with triple-A ratings — Germany, the Netherlands and Luxembourg — rating them negative from stable as more uncertainty in the euro-zone debt crisis unfolds. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Europe Presses Greek Parties to Commit to Bailout Terms

The 17 euro zone finance ministers have demanded that both political parties in Greece must co-sign a pledge for a tough austerity program. View full post on Business Stories

Gold shines before euro zone meeting

Gold slipped on Friday though it was on track to match its biggest winning streak in four decades. View full post on Finance Stories

Italian Debt Adds to Fears In Euro Zone

Top European officials were to meet Monday as fears grew that Italy could become the latest victim of the debt crisis. View full post on Business Stories

Unemployment Rises in Europe

Unemployment in the euro zone rose in October to its highest level in more than 12 years, threatening to defeat efforts to turn around stagnant economies at a time of tight budgets. View full post on Business Stories