debt crisis

European stocks rally ahead of EU summit

May 23, 2012 | 11:05

European stocks rallied Tuesday in a second day of gains after recent sharp losses, on the hope that EU leaders will firm up action on tackling the eurozone debt crisis and solid US housing data.

European stocks mixed as EU summit eases crisis mood

March 03, 2012 | 08:54

European stock markets finished the week on a mixed note while the euro fell following an EU summit on the Greek debt crisis, new rules to control eurozone budgets and massive central bank funding for banks.

European stocks mixed on Greek bailout delay

February 16, 2012 | 08:59

European shares mostly rose despite a Greek bailout hanging in the balance on Wednesday, with supportive Chinese comments lifting sentiment.

Europe under pressure as G20 finance ministers meet

October 15, 2011 | 08:20

Finance ministers from the G20 bloc of leading economies pressed Europe to tackle its debt crisis to stave off a global downturn as they met in Paris on Friday for tense talks.

EU presses banks to beef up coffers

October 13, 2011 | 08:04

The European Union pressed banks to urgently beef up their coffers against the crisis as it raced to revamp the eurozone debt rescue fund after winning a reprieve from Slovakia.

EU mulls 'coordinated' bank recapitalisation

October 06, 2011 | 22:13

The European Commission called on Thursday for EU "coordinated action" to recapitalise banks, as markets rose ahead of talks by global finance chiefs on the eurozone debt crisis.

European stocks extend gains on bank bailout hopes

October 06, 2011 | 22:05

European stock markets extended gains on Thursday as investors hoped EU leaders will finally deliver a solution to the eurozone debt crisis and head off threats to the banking system and economy.

Markets brace for ECB guidance on debt crisis

December 02, 2010 | 21:24

The European Central Bank kept its main interest rate at a record low of 1.0 percent Thursday as markets awaited news on whether the ECB would amplify its monetary stimulus measures.