COPENHAGEN (Reuters) - Euro zone finance ministers have agreed to boost the currency bloc's debt crisis firewall to roughly 800 billion euros ($1.06 trillion), Austrian Finance Minister Maria Fekter said on Friday.
March 31, 2012
Spain announces 'extraordinary' €27bn budget cuts
Prime minister Mariano Rajoy's conservative government announced Spain's most austere budget for more than three decades – the day after a million protesters took to Spanish streets.
March 30, 2012
Spain braces for nationwide general strike
Madrid, Spain (TOE) - Spanish trade unions are holding a general strike a day before the Prime Minister Mariano Rajoy announces new austerity budget to meet strict guidelines set by Eurozone leaders.
March 29, 2012
Euro zone debt crisis not over despite calmer financial markets: OECD
BRUSSELS: The euro zone's public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc's banks remain weak, debt levels are still rising and fiscal targets are far from assured.
March 28, 2012
Euro-Area Ministers to Decide This Week on Future of Firewall
Euro-area finance ministers will meet in Copenhagen on March 30 to weigh whether to expand the 17-nation region’s financial crisis firewall. At stake is the future of the region’s two rescue funds, the temporary European Financial Stability Facility and its permanent successor, the European Stability Mechanism.
Subscribe to:
Posts (Atom)