February 24, 2012

Greece passes private creditor debt deal

ATHENS: The Greek parliament approved Thursday a law on a historic 107-billion-euro debt writedown with private creditors, a key element in a new eurozone bailout designed to avoid default.

February 23, 2012

Swedish firms want to adopt the euro

Swedish companies, relatively unscathed by the European debt crisis, dislike the Swedish economic model's inertia, want reforms to boost their competitiveness, and want to adopt the euro, their representatives say.

February 22, 2012

Battle over EU financial firewall threatens to derail Greek bailout

At a G20 summit in Mexico in two days the EU will plead for increased IMF contributions by non-euro countries to help shore up a eurozone "financial firewall" seen as vital to protecting Spain and Italy from Greek debt contagion.

February 21, 2012

European stocks rise on Greek bailout hopes

European stock markets rose on Monday on growing signs that a new bailout for Greece could be finalised at last while sentiment got a boost by the latest Chinese move to ease credit.

February 20, 2012

Euro-Zone Crisis Forces Regional Markets To Expand

The euro-zone debt crisis may be squeezing capital out of emerging economies, but it is also cultivating much-needed regional depth in developing countries’ financial markets, says Lars Thunell, head of the World Bank’s International Finance Corp.