LISBON, Portugal (AP) — The leaders of Spain and Portugal said Wednesday they want the European Investment Bank to play a bigger role in generating economic growth on the continent by financing more business projects.
May 10, 2012
Stocks: Investors unnerved by Greece
NEW YORK (CNNMoney) -- U.S. stocks were set to open lower Tuesday as Greece's uncertain political situation keeps investors on edge.
May 09, 2012
Challenge to Austerity, And Germany, Is Sharpened
BERLIN—Europe's voters delivered another rebuke to their leaders Sunday for failing to overcome a debt crisis that has thrust much of the region into an economic tailspin.
May 08, 2012
Markets braced for shift away from austerity as Francois Hollande wins French election
Financial markets are braced for a radical shift in economic policy and fresh question marks over a eurozone break-up, as Francois Hollande moves into the Elysee Palace on Monday as the first Socialist president of France for 30 years.
May 06, 2012
Euro Drops as Slowing Growth and Elections Damp Demand
The euro slid versus the dollar by the most in almost a month and reached an 11-week low against the yen after further slowing in the region’s economies and before national elections that may result in leadership changes.
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