EIN News: Euro News

Financial rescue plans from G7 and EU countries

12 Oct 2008 08:50 GMT

... plan, however, was short on details. Eurogroup leaders from the 15 countries using the euro currency meet in Paris on Sunday to hammer out the specifics of a European response ...

It is Europe's and Asia's Turn Now

12 Oct 2008 08:50 GMT

... Kingdom and Germany. Battered by a strong euro, expensive energy, and mighty competition from China, ... another round of the semipternal debate: should central banks contemplate abrupt adjustments in the prices of ... class. The assets concerned can be shares, currencies, other securities and financial instruments - or ...

Emirates central bank says nation's banks strong

12 Oct 2008 08:50 GMT

... after Wall Street started badly as part of ... With markets in turmoil the euro has taken a sharp turn for the worse as investors seek safer havens. The ...

Euro-zone leaders set to meet on finance crisis

12 Oct 2008 08:50 GMT

... Paris - The leaders of the 15 nations using the euro as a single currency are to meet later Sunday in Paris to discuss common responses to the finance ...

EU leaders to study crisis plan in Paris

12 Oct 2008 08:45 GMT

... PARIS, Oct 12 (Reuters) - Leaders of euro zone countries hold an emergency meeting in Paris ... which use the euro as their currency comes on the heels of a G7 ...

EU chiefs cvonfront markets crisis

12 Oct 2008 08:44 GMT

... seen huge losses on global stock markets Eurozone leaders are trying to establish a common ... As the UK has not adopted the euro, Mr Brown had not been due to ... further reductions in interest rates, which six central banks this week jointly cut by half a ...

U.S. Trade Deficit at $59.1B; Job Losses Mount

12 Oct 2008 08:44 GMT

... sales in U.S. markets by suppressing the exchange rates for their currencies against the dollar by intervening in foreign ... of the yuan against the dollar and euro, the Peoples Bank of China sells yuan ...

FACTBOX-Iceland crisis: what does "national bankruptcy" mean?

12 Oct 2008 08:16 GMT

... cannot pay its debts or raise foreign currency to pay for imports. In economic jargon, ... Cox, additional reporting by Lesley Wroughton) ($1=.7287 Euro) Keywords: ICELAND CRISIS/BANKRUPTCY ...

Leaders seek calming effect

12 Oct 2008 08:16 GMT

... prepared for a meeting Sunday of the leaders of the 15 nations using the euro currency. German Chancellor Angela Merkel and French President Nicolas Sarkozy said Saturday they opposed to ...

Bush: U.S. isn't in this mess alone

12 Oct 2008 07:51 GMT

... prepared for a meeting today of the leaders of the 15 nations using the euro currency. German Chancellor Angela Merkel and French President Nicolas Sarkozy said Saturday they opposed the ...

FACTBOX-Iceland crisis: what does 'national bankruptcy' mean?

12 Oct 2008 07:50 GMT

... cannot pay its debts or raise foreign currency to pay for imports. In economic jargon, ... Cox, additional reporting by Lesley Wroughton) ($1=.7287 Euro) Keywords: ICELAND CRISIS/BANKRUPTCY ak COPYRIGHT Copyright Thomson ...

SCENARIOS-What next for Iceland?

12 Oct 2008 07:50 GMT

... bailout. As well as providing much-needed hard currency to deal with the systemic crisis, which ... their currency collapse and their government and central bank apparently helpless to prevent an economic crisis ... will be made to take the so-far euro sceptic nation into the protective embrace of ...

Euro-zone leaders to meet over financial crisis

12 Oct 2008 07:50 GMT

... In what could be a complex exercise, 15 European leaders of countries using the euro currency are meeting Sunday afternoon in Paris. The session follows a meeting in Washington Saturday ...

AP Business NewsBrief at 12:28 a.m. EDT

12 Oct 2008 07:50 GMT

... In what could be a complex exercise, 15 European leaders of countries using the euro currency are meeting Sunday afternoon in Paris. All that money you've lost _ where did ...

AP Business NewsBrief at 12:39 a.m. EDT

12 Oct 2008 07:50 GMT

... In what could be a complex exercise, 15 European leaders of countries using the euro currency are meeting Sunday afternoon in Paris. All that money you've lost _ where did ...