Tag: Euro

Germany went ten-points clear at the top of their Euro 2012 qualifying group on Tuesday as stars Mario Gomez and Mesut Ozil netted in...

The dollar has a nice head start, having dropped 16 per cent over the past year against a basket of major US trading partners....

Eurozone growth topped US and pre-crisis levels in powerhouse Germany, EU figures showed Friday, but divergences between accelerating northern output and the debt-laden southern...

Euro zone inflation rose further above the European Central Bank's target in April, increasing the chances of an interest rate rise in June, despite...

WARSAW - With their nation's football hooligans spotlighted after a string of high-profile incidents, Polish authorities on Tuesday launched a new legal crackdown aimed at stemming trouble at Euro 2012.
"This sporting event cannot be dominated by agression, by hooligans and thugs," Justice Minister Krzysztof Kwiatkowski told reporters as he presented a raft of measures to be in place in time for the European championships. A key plank is fast-track handling of troublemakers, with

BRUSSELS - Portugal announced new spending cuts, on Friday, to try and restore confidence in its finances ahead of a euro zone summit that is likely to back a plan to boost competitiveness but defer decisions on a stronger rescue fund. A German government source said there were positive signals that Greece and Ireland, which received EU/IMF bailouts last year, might also announce new moves at the summit, opening the way for EU paymaster Germany to offer them more help.
Chancellor

PARIS - France's Teddy Tamgho bettered his own world record to win the European indoor triple jump title on Sunday, but there was heartbreak for French sprint king Christophe Lemaitre. Tamgho twice leaped 17.92 metres, beating by 1cm the previous best he set at the French indoor championships on February 20. "The competition was very tough and intense," said the 21-year-old who finished fourth in the long jump in his bid for a rare double.
"After Marian Oprea and Fabrizio Donato

TALLINN: Estonia, which adopts the euro on Jan. 1, is likely to be the last new entrant to the currency zone for some years as bigger eastern European states such as Poland and the Czech Republic watch the bloc's crisis warily. For the Baltic state of 1.3 million, being in the euro zone club is preferable to uncertainty linked to its outgoing kroon currency and is seen as a way to attract further investment.
Adopting the euro is also the culmination of Estonia's move westwards

PARIS/BRUSSELS: Two leading international financial institutions faulted Germany for aggravating the euro zone crisis by spooking debt markets, but Berlin seems set to get its way at this week's European Union summit.
EU leaders are not expected to announce new measures to ease market concerns about the region's debt, though one source said intense efforts were being made behind the scenes to find ways to inoculate Spain early next year against the threat of contagion. The Bank

CAMBRIDGE: Now that the European Union and the International Monetary Fund have committed

BERLIN: Germany on Saturday categorically denied a British newspaper report that Chancellor Angela Merkel warned that Berlin might leave the euro during a heated exchange at a summit of European Union leaders at the end of October. Citing non-German government figures at the Brussels meeting, daily The Guardian said Merkel made the comments following a dispute with Greek Prime Minister George Papandreou, who it said had accused her of making "undemocratic" proposals.
"If this is

TOKYO: The euro stayed under pressure against other currencies in Asia on Thursday as investors remained wary of euro zone debt problems, dealers said.
A stocks rally led by positive US data on Wednesday took the sting out of recent concern over sovereign debts in Ireland and other European nations as well as tensions on the Korean peninsula.
However, the euro fell back to $1.3318 in Tokyo midday trade from $1.3335 in New York late Wednesday and to 111.13 yen from 111.32-42