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Business - Page 637

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A third of Germans don’t trust euro

A third of Germans have little or no trust in the strength of the euro, according to a survey published on Thursday on the eve of an EU summit aimed at ending

8th December 2011
Business

Old and young bear strain as euro crisis festers

When Italy's welfare minister shed tears in announcing an increase in the retirement age, people might have thought she was crying for a lost generation of European youth. For opinion polls show

8th December 2011
Business

Economic policy and energy at the European Council

Economic policy and energy matters are the main topics on the agenda of the two – day European Council, which begins today in Brussels. The Republic of Cyprus is represented at the

8th December 2011
Business

France, Germany to push crisis plan, ECB meets

* Paris and Berlin want backing for new EU treaty * Any misgivings have to be overcome quickly * French president due to give speech at 1230 GMT * ECB meets, outcome

8th December 2011
Business

Monti’s popularity dips after austerity package

Public support for Italy's new prime minister Mario Monti has dropped since he unveiled a tough austerity package but remains above 60 percent, a new poll showed on Wednesday. The survey by

7th December 2011
Business

Cautious optimism on EU deal lifts stocks, euro

Growing optimism that euro zone leaders are on track to produce a confidence-boosting package of measures to solve the debt crisis at Friday's summit lifted risk appetite on Wednesday, with the euro

7th December 2011
Business

Decision time for EU, with euro’s future at stake

The euro faces a decisive week as European Union leaders, urged on anxiously by the United States, seek agreement on a convincing rescue plan that has eluded them for two years. Despite

7th December 2011
Business

Stocks, euro rise before summit, ECB decision

Asian shares and the euro gained on Wednesday on hopes that the threat of mass credit rating downgrades will pressure European leaders to come up with a convincing framework for resolving the

7th December 2011
Business

Geithner to see Sarkozy, urge decisive euro action

U.S. Treasury Secretary Timothy Geithner meets French President Nicolas Sarkozy in Paris on Wednesday to press for decisive steps towards resolving Europe's deepening debt crisis as the region's leaders prepare for a

7th December 2011
Business

Greece passes austerity budget after street clashes

Greece's coalition government on Wednesday passed an austerity 2012 budget aimed at shrinking its debt mountain with tax hikes and spending cuts, hours after protesters clashed with police outside parliament. Three major

7th December 2011
Business
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