March 15, 2014

Euro Weakens Sharply Following Draghi Comments

The euro weakened sharply, and prices of German government debt rose, after comments by European Central Bank President Mario Draghi raised the possibility of easing measures to stave off deflation in the euro zone.

March 14, 2014

Irish Bonds Rise, Yields Drop to Record in Market Return

Ireland’s 10-year yield fell to a record as the nation auctioned government bonds for the first time since 2010, the latest sign the euro region’s financial woes are abating.

March 13, 2014

Time runs short as Europe haggles over banking union reform

BRUSSELS, March 11 (Reuters) - European ministers haggled over how to build a safety net for failing banks on Tuesday, redoubling efforts to avoid an embarrassing delay to the euro zone's centrepiece crisis reform.

March 12, 2014

Ukraine crisis: World Bank ready to provide $3.8 billion aid

WASHINGTON (AFP) - The World Bank said on Monday it is prepared to offer US$3 billion (S$3.8 billion) in aid to Ukraine this year to support economic reforms and development by its beleaguered new interim government.

March 11, 2014

ECB to reveal bad loan hurdles for euro zone bank test: sources

(Reuters) - The European Central Bank's stance on how bad loans are defined will be one of the biggest revelations to the euro zone's largest banks when it details on Tuesday how it will test balance sheets, three sources with knowledge of the tests told Reuters.