Topic: Western Europe
LISBON (Reuters) - Portugal's main opposition party signaled after meeting European and IMF officials Wednesday it was likely to back a 78-billion-euro bailout that is expected to consign the economy to two years of recession.Caretaker Prime Minister Jose Socrates announced late on ...
LISBON (Reuters) - Portugal is close to reaching an agreement with the European Union and IMF on a bailout for the debt-laden country and there are no disagreements between the donors, the European Commission and the IMF said on Tuesday.Portugal's caretaker Prime ...
ATHENS/LISBON (Reuters) - Greece insisted on Tuesday any restructuring of its debts would be a disaster for the economy, but financial markets continue to view it as likely and are betting that the euro zone debt crisis will worsen.In Portugal, European Union ...
A bailout plan for Portugal should be drafted by mid-May to present to eurozone finance ministers, with negotiations to be quick but discreet, outgoing Prime Minister Jose Socrates said on Thursday.Officials from the "troika" of the European Central Bank, European Union and ...
MADRID/LISBON (Reuters) - Spain attracted solid demand at a bond sale on Wednesday, easing concerns it could be swept up by the contagion hitting other euro zone states, but worries about Greek debt continued to haunt the bloc.In a reminder of the ...
BERLIN/ATHENS (Reuters) - Rising expectations that Greece will have to restructure its mountain of debt, possibly as early as this summer, sent the euro and the bonds of weak euro zone members tumbling on Monday in a dramatic escalation of the bloc's ...
LISBON (Reuters) - Portugal's caretaker Prime Minister Jose Socrates criticized the main opposition party on Sunday, showing pre-election jostling may complicate a tough new phase of bailout talks that start on Monday.Representatives of the European Commission, the European Central Bank and the ...
LISBON (Reuters) - Greece faced a new surge in its debt costs Thursday after Germany said for the first time that Athens may need to restructure its debt, a move one central banker warned would be a "catastrophe."Growing talk of restructuring by ...
A narrow majority of Germans is in favour of the EU's multi-billion-euro bailout package for crisis-hit Portugal, a poll suggested on Sunday, with 90 percent believing it would not be the last.The Emnid poll for the Bild am Sonntag weekly showed 50 ...
AMSTERDAM (Reuters) - New bank capital rules should be about 30 percent higher than agreed, to prevent a repeat of the last financial crisis, the incoming head of the world's biggest accounting standard setter said on Sunday.The Basel III bank capital rules ...
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Britain Tuition Tangle
FILE - This is a Thursday, Dec. 9, 2010 file photo of Britain ...AP News - -
Germany Partial Solar Eclipse
A partial solar eclipse is pictured through clouds in Albershausen, southwestern Germany ...AP News - -
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In this photo released by the Northern Territory Police, four German tourists ...AP News -
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