euro

nov 28

The euro has punished Southern Europe the way China 's currency has hurt the United States. WSJ Opinion

The latest attempt to get the euro zone problems on the path to improvement involve a Franco-German push for tighter budgetary control over euro zone members. Reuters Most Read

" I would expect we will be in a position to approve the guidelines at a political level, " a euro zone official involved in the preparations for the ministers ' meeting said. Reuters Business

And, while European leaders are frantically thrashing out plans for further fiscal union to save the euro, German Chancellor Angela Merkel is still resisting sweeping reform measures. Washington Post Economy

Slovakia is one of 17 nations that uses the common euro currency. Seattle Times full feed

Germany and France pushed to acquire powers to reject national budgets in the euro zone that breach European Union rules ahead of an EU summit on Dec. 9. MSNBC Top Headlines

Leaving the euro would give Greece a chance to grow its way out of its current predicament, similar to the way that Argentina's economy grew after abandoning its currency's peg to the U.S. dollar in the 1990s, Low said. Huffington Post Full Feed

dec 6

Uncertainty about the future of the euro zone has affected the economy of late, Chenault said, but he added that there was a " level of cautious optimism " that a deal would be reached. Reuters Business

The exercise takes on increased significance after Standard & Poor 's said on Monday it may downgrade the ratings of 15 euro zone countries, an unprecedented move that rattled markets ahead of a summit of EU leaders to tackle the debt crisis. Reuters Top News

KPN was fined 7.93 million euros, T-Mobile was fined 4.6 million euros and Vodafone was fined 3.72 million euros. Reuters Technology

Since the inception of the euro, France and Germany have pursued divergent visions of European economic and monetary union. Reuters Most Read

World stocks sank Tuesday, Dec. 6, 2011, after Standard and Poor 's warned 15 countries using the euro that it could downgrade their credit ratings. AP Business

The first warning came just hours after Merkel and French President Nicolas Sarkozy urged changes to the European Union treaty that would centralize decision-making on spending and borrowing for the 17 countries that use the euro. AP Top Headlines

" [ The European credit downgrade warning was ] prompted by our belief that systemic stresses in the euro zone have risen in recent weeks to the extent that they now put downward pressure on the credit standing of the euro zone as a whole. Fox News Politics

warned that the ratings of 15 euro zone countries, including Germany and France, were vulnerable to a downgrade. NYTimes Front Page

dec 10

The French president emerged as one of the big winners of a European Union summit on Friday which ended with up to 26 member states agreeing to move forward in economic integration around the euro zone, and Britain alone in staying out. Reuters Most Read

China 's monthly trade surplus with the 27-nation European Union, its biggest export market, narrowed to $ 11.8 billion in November from $ 13 billion in October as countries that use the euro common currency struggled to contain their sovereign debt crisis. CTV News World

Lagarde herself has often lamented this pattern, joking, for example, that the financial crisis might have been different if there had been “Lehman Sisters” and pointing out that the euro’s “fragile” foundations were created by its “founding fathers”, not mothers, since “regrettably, there was no woman at the table at the time.” Slate

There is now little point in Britain being in the EU as all the key decisions will be taken by the 17 eurozone nations, plus the six which want to join the euro. Guardian World

BRUSSELS ( Reuters ) - Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday, but Britain, the region 's third largest economy, refused to join the other 26 countries in a fiscal union and was left isolated. Reuters Top News

NEW YORK ( Reuters ) - On top of euro zone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession in the region seems more likely. Reuters Business

As over the Schengen Agreements on passport-free travel, as over the euro, Britain has once again reserved its right to retain sovereignty over key areas of policy. Daily Beast Blogs and Stories

dec 12

Investors lost their enthusiasm for Europe's latest attempt to solve its debt crisis, with European stocks slumping, Italian bond yields rising and Moody 's saying the euro area is " prone to further shocks. " CNN Business

Without any major U.S. economic reports due out Monday, the euro will remain the main driver, Cardillo says. CNN Business

" Our British friends - this is not a criticism - say: ' not only are we not in the euro, but we 're glad we 're not in it. '" BBC Politics

Swedes voted No in a referendum on joining the euro in 2003 and that is still on. BBC Politics

An interesting debate has emerged about whether China can and will ride to the rescue of the euro. Guardian World

Last week 's deal would allow for a central European authority to oversee future budgets for the 17 countries that use the euro. Seattle Times full feed

Italian financial market jitters worsened on Monday, as workers angry about government austerity reforms went on strike and held nationwide rallies while investors turned skeptical about an EU pact to save the euro. Seattle Times full feed

The deal would allow for a central European authority to oversee future budgets for the 17 countries that use the euro. AP Business

He also dismissed a deal forged last week to bind the countries that use the euro closer together, which gave officials in Brussels more oversight over national budgets. Guardian World

dec 14

Leaders in Warsaw hope to adopt the euro one day, and argue that the survival of the eurozone - a source of large EU subsidies and a key trade partner - is crucial to Poland 's own continued growth and modernization. Seattle Times full feed

The euro was under pressure, breaching the key $ 1.30 level against the dollar and falling to its lowest level since mid-January. CNN Business

The UK has the largest financial sector in the world: more euros are traded in the City of London every day than every other European city combined, and UK government gilts yesterday fell to their lowest level since 1889 â ? ? Guardian World

The euro slid below $ 1.30 on Wednesday for the first time since the early days of 2011 and Italian borrowing rates rose ominously, as the optimism from a dramatic European summit last week fades with the realization that the continent 's underlying debt problems remain unsolved. AP Business

Italy 's borrowing rates moved higher once again, and the euro slid below $ 1.30 for the first time since the first few days of the year â ? ? AP Business

Not only does that deprive importers of good terms of credit, it obliges them to pay the free market exchange rate for foreign currency, making dollars or euros much more expensive than the official Iranian central bank rates indicate. Reuters International

Africa is competing against Australia for the right to host the 2 billion euro ( $ 2.62 billion ) Square Kilometre Array ( SKA ) telescope, and its antennas and other receptors will extend in a pin-wheel design for 3,000 square kms ( 1,200 square miles ). Reuters Science

Italy 's borrowing rates ratcheted higher and the euro slid below $ 1.30 for the first time since January, two signs that the debt crisis continues to pressure Europe 's governments. Seattle Times full feed

Concerns about the European debt crisis, coupled with indications that the economies using the euro were inching closer to recession, put pressure on the common currency, which fell below the noteworthy barrier of $ 1.30 in Wednesday trading. Seattle Times full feed

The euro dropped 0.4 percent to $ 1.2996 at midday, the first time the 17-nation currency bloc 's currency has traded under $ 1.30 since January, in a fresh sign that Europe 's deal last week to enforce more budgetary disciplines on the 17 eurozone countries is meeting with skepticism in the markets. Seattle Times full feed

NEW YORK ( CNNMoney ) -- The euro fell to its lowest level since mid-January, easing below the key $ 1.30 mark Wednesday, as any enthusiasm over Europe 's most recent ' solution ' has cooled. CNN Business

European leaders last Friday announced measures to shore up battered market confidence in the currency, trotting out stricter rules governing public finances in the euro zone and more money for a bailout fund. NYTimes Front Page