December 20, 2012

Danish Euro Skepticism at Highest Since Currency’s 1999 Debut

Danish voters now regard the euro with more scepticism than at any time since the single currency’s introduction in 1999 as the crisis in southern Europe enters its fourth year.

December 19, 2012

Standard & Poor's hikes Greek rating by 6 notches

ATHENS: Standard & Poor's ratings agency on Tuesday upgraded Greece's credit grade by 6 notches, yanking the debt-heavy country out of default but still keeping its devalued bonds in junk status.

December 18, 2012

Merkel Says Euro Crisis Recovery Is Worth Austerity Pain

Chancellor Angela Merkel said the promise of lifting the euro area out of its debt crisis is worth the pain that’s being caused by German-inspired austerity.

December 17, 2012

Poland could adopt euro in 2016: presidential adviser

WARSAW (Reuters) - Poland could adopt the euro as soon as 2016, the president's adviser said on Saturday, encouraging the government to take bolder action to prepare for possibility of joining the shared currency.

December 16, 2012

Spanish Bonds Rise After Debt Sale, EU Agreement on Greek Aid

Spanish bonds advanced for a third week in four as borrowing costs fell at a debt sale and after European leaders signed off on the next aid tranche for Greece, stoking optimism the euro-region debt crisis is being contained.