euro
Economics
European Union leaders have agreed to set up a permanent mechanism to bail out any member state whose debt problems threaten the 16-nation eurozone, the BBC reports.
17 December 2010
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Economics
The dollar rose against major currencies yesterday following more upbeat US economic data, while the euro took a beating after Moody's placed Spain's ‘Aa1' credit rating on review for a possible downgrade.
16 December 2010
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Investment
Jeremy Cook, chief economist at foreign exchange brokers World First, gives his predictions for exchange rates in 2011.
13 December 2010
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Investment
The EU plans to make private lenders cover the losses of any future eurozone debt crisis, which will have a knock-on effect on government bond yields.
13 December 2010
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Investment
Germany, the strongest country in the eurozone, has vetoed any increase in the €440bn rescue package.
08 December 2010
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Economics
The single currency is unlikely to collapse despite the pressures of the European sovereign debt crisis, says John Greenwood, the Invesco chief economist.
16 November 2010
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