August 05, 2013

A stable euro is good news for all

DALLAS (MarketWatch) — A year ago, European Central Bank chief Mario Draghi promised to “do whatever it takes” to save the euro.

August 04, 2013

IMF warns of tough Spain jobs outlook

MADRID: The IMF told Spain on Friday it faces five more years with an unemployment rate topping 25 percent as it pressed Madrid to enact new reforms including measures to help firms slash wages instead of axing staff.

August 03, 2013

Italian, Spanish Bonds Rise Third Week as Economic Data Improves

Italian and Spanish government bonds advanced for a third week after reports showed factory output in the euro area expanded for the first time in two years and the number of people unemployed in Germany declined.

August 02, 2013

Euro Rises to Near One-Month High Against Dollar Ahead of FOMC

The euro on Wednesday strengthened against the dollar as traders prepared for the possibility that the Federal Reserve will flag weak U.S. economic data.

August 01, 2013

Irish unemployment rate dips to 13.5%: Official data

DUBLIN: Ireland's unemployment rate retreated last month to the lowest level since April 2010, official data showed on Wednesday.