| European Business & Economy Headlines |
| Europe governments go their own way on crisis
(AP)
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| AP - Individual European governments issued a cascade of deposit guarantees to shore up their banks but fell short of any coordinated action Monday to deal with the crisis sweeping financial markets, even as stock markets crashed and the euro sank to its lowest level for over a year. -- read full article |
| Mon, 06 Oct 2008 18:38:35 GMT - Yahoo! News: Business - European Economy |
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| Europeans scramble to save failing banks
(AP)
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| AP - Germany became the latest country to move to allay fears about the financial meltdown, enhancing a rescue plan for Hypo Real Estate AG and guaranteeing private bank accounts as European governments scrambled on their own Sunday to save failing banks.
-- read full article |
| Sun, 05 Oct 2008 22:50:11 GMT - Yahoo! News: Business - European Economy |
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| German gov't, banks agree to $69B bailout for Hypo
(AP)
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| AP - Germany on Sunday guaranteed all private bank accounts and negotiated a 50 billion euro ($69 billion) bailout deal for Hypo Real Estate AG as Europe's second largest economy sought to ward off financial crisis.
-- read full article |
| Mon, 06 Oct 2008 07:43:40 GMT - Yahoo! News: Business - European Economy |
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| Europeans scramble to save failing banks
(AP)
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| AP - Germany became the newest European country to allay fears about the financial meltdown, guaranteeing private bank accounts as governments scrambled on their own to save failing banks.
-- read full article |
| Sun, 05 Oct 2008 18:38:40 GMT - Yahoo! News: Business - European Economy |
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| EU leaders make vows not plans in face of crisis
(AP)
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| AP - Europe's four major powers vowed Saturday to do all they could to prevent Wall Street's turmoil from destabilizing their banking systems even as a $48 billion plan to save a German lender fell apart.
-- read full article |
| Sat, 04 Oct 2008 22:39:13 GMT - Yahoo! News: Business - European Economy |
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| EU leaders to seek early release euro funds: Brown
(AFP)
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| AFP - European leaders have agreed to ask for the early release of 32 billion euros (25 billion pounds) in European funds to help small businesses weather the global finance crisis, Prime Minister Gordon Brown has said.
-- read full article |
| Sun, 05 Oct 2008 08:16:38 GMT - Yahoo! News: Business - European Economy |
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| Britain to seek quick release of European business fund
(AFP)
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| AFP - Britain will urge the early release of 12 billion pounds (15 billion euros, 21 billion dollars) in funds committed to helping small business in Europe, when Prime Minister Gordon Brown meets with other European leaders Saturday.
-- read full article |
| Sat, 04 Oct 2008 17:40:05 GMT - Yahoo! News: Business - European Economy |
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| Sting in the tail on US bailout day
(AFP)
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| AFP - US stock markets fell sharply Friday after the Congress passed a huge financial rescue plan, as optimism built up earlier in the day evaporated in late trading.
-- read full article |
| Fri, 03 Oct 2008 22:08:42 GMT - Yahoo! News: Business - European Economy |
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| Divided EU leaders head into financial summit
(AP)
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| AP - The global financial crisis is forcing the leaders of France, Germany, Britain and Italy to come together for an emergency summit this weekend, but differences on how to respond to the economic turmoil could drive them apart. -- read full article |
| Fri, 03 Oct 2008 19:00:33 GMT - Yahoo! News: Business - European Economy |
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