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 30, 2012
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.
March 27, 2012
Euro zone to bolster firewall; Spain concerns grow
BRUSSELS: Euro zone finance ministers are ready to sign off on an increase in the region's financial firewall this week, with concerns about Spain's fiscal position banishing any complacency that the currency bloc's debt crisis is a thing of the past.
March 24, 2012
Republic of Ireland falls back into recession
The Republic of Ireland fell back into recession in the last three months of 2011, official figures have shown.
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