May 27, 2012

Euro Zone Crisis To Hit Colombia, Chile; Won't Derail Growth

PARIS -(Dow Jones)- Chilean finance minister Felipe Larrain said Thursday his country will be hit by the euro-zone crisis in the coming months, though not strongly enough to derail economic growth.

May 26, 2012

Crisis clouds gather over German economy

FRANKFURT: Exports and consumer demand are cushioning Germany against recession, data showed on Thursday, but crisis clouds are gathering over Europe's biggest economy as business confidence falls sharply.

May 25, 2012

European business activity falls to near three-year low

Activity at European businesses hit a near three-year low in May, according to a survey by Markit. Its index, based on a survey of purchasing managers in the manufacturing and service sector, fell to 45.9 in May, a 35-month low.

May 24, 2012

Eurozone crisis: Germany and France clash over eurobonds at summit

European leaders were locked in deep divisions over the future of Greece and the single currency, with Germany and France at loggerheads for the first time in 30 months over how to restore confidence in the euro.

May 23, 2012

Germany insists no eurobonds to solve debt crisis

BERLIN: Germany has again made clear its opposition to French proposals for jointly-issued bonds from the 17-nation eurozone as a way to create economic growth and ease the region's financial crisis.