September 11, 2012

Inspectors Reject Some Cuts by Greece

ATHENS—Visiting international inspectors on Sunday rejected parts of Greece's proposed austerity plan, forcing the country's coalition government to seek fresh spending cuts to meet creditors' demands.

September 10, 2012

September 09, 2012

Euro Rises Most in 6 Months on ECB Plan; Payrolls Weaken Dollar

The euro posted its biggest advance in six months versus the dollar after European Central Bank President Mario Draghi pledged to buy bonds to contain the region’s debt crisis.

September 08, 2012

Spain to remain careful, calm on aid request decision

MADRID: Spain will analyse the conditions and modalities of the European Central Bank's bond-buying programme carefully and at length before taking a decision on an aid request, Spain's Deputy Primer Minister Soraya Saenz de Santamaria said on Friday.

September 07, 2012

Key ECB steps to combat Europe's debt crisis

FRANKFURT, Germany (AP) — Here are some of the key steps the European Central Bank has taken to ease Europe's financial crisis and provide a spark to the weak economy.