Uncertainty Over Greece Weighs on Financial Markets
Stocks on Wall Street were mixed in early trading on Thursday. Shortly after the opening, the Dow Jones industrial average was slightly higher, by about 12.41 points. The Dow had closed down 1.5...
View ArticleTwo-Day Strike in Greece Ahead of Austerity Vote
The strike, organized by the country’s two main labor unions, is the latest in a series of walkouts and the longest strike in more than 30 years, as public outrage has grown over the Socialist...
View ArticleRescue Aid to Greece Delayed as Pressure Rises for Reforms
Meeting in Luxembourg, the finance ministers made it clear that Greece was now unlikely to receive 8 billion euros ($10.6 billion) before November. Greece has said it could default on its debt within...
View ArticleEurope Presses Greek Parties to Commit to Bailout Terms
Though the ministers said they welcomed the deal to form a coalition government in Greece, European officials insisted that political consensus over a tough austerity program was a precondition for...
View ArticleBailout Terms Eased for Ireland and Portugal
But ministers struggled to make progress on a bundle of initiatives to create a so-called banking union intended to break the vicious circle between indebted sovereign governments and shaky banks that...
View ArticleLatvia Steps Toward a Tarnished Prize, the Euro
FRANKFURT — The small Baltic nation of Latvia received official endorsement for membership in the euro currency union Wednesday, in a move that European leaders clearly hoped would demonstrate the...
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