.
  | Home > Business > European Business & Economy .
  • Webmasters - Get FREE dynamic news headlines on your website!

    Get European Business & Economy Headlines emailed to you daily.
    Email:
    Join
    Unsubscribe


    European Business & Economy Headlines
    EU moves to restore confidence in banking system (AFP)

    Jean-Claude Juncker, president of Eurogroup and Prime Minister of Luxembourg talks with Dutch Finance Minister Wounter Bos (left) on October 6 before an EUROGROUP meeting at the EU headquarters in Luxembourg.(AFP/Dominique Faget)AFP - European finance ministers were set Tuesday to begin preparing their first joint measure to reassure savers unnerved by the financial crisis by ramping up minimum bank deposit guarantees.


    -- read full article
    Tue, 07 Oct 2008 03:02:54 GMT - Yahoo! News: Business - European Economy
    Iceland's banks falter (AP)
    AP - Iceland's banks face a battle for survival Tuesday after government introduced emergency legislation to give itself sweeping new powers over its collapsing financial sector. -- read full article
    Tue, 07 Oct 2008 04:53:55 GMT - Yahoo! News: Business - European Economy
    London shares gain 1.50% at open (AFP)

    London's FTSE 100 index of top shares has risen 1.50 percent at the start of trading, one day after plunging 7.86 percent on growing fears about the global financial crisis.(AFP/File/Shaun Curry)AFP - London's FTSE 100 index of top shares rose 1.50 percent at the start of trading on Tuesday, one day after plunging 7.86 percent on growing fears about the global financial crisis.


    -- read full article
    Tue, 07 Oct 2008 07:23:07 GMT - Yahoo! News: Business - European Economy
    Ailing world markets fight back (AFP)

    A pedestrian passes a foreign exchange bank sign in Seoul October 7. Battered world markets shook off some of their recent gloom Tuesday as European stocks rallied and Asian bourses pulled back from the brink on hopes of cuts to global interest rates.(AFP/Jung Yeon-Je)AFP - Battered world markets shook off some of their recent gloom Tuesday as European stocks rallied and Asian bourses pulled back from the brink on hopes of cuts to global interest rates.


    -- read full article
    Tue, 07 Oct 2008 07:48:08 GMT - Yahoo! News: Business - European Economy
    EU eyes raising guarantee on private savings (AP)
    AP - Ireland's finance minister says the European Union is mulling increasing government guarantees for private savings in banks across the 27-nation bloc. -- read full article
    Tue, 07 Oct 2008 08:54:26 GMT - Yahoo! News: Business - European Economy
    Pope: financial crisis shows futility of money (AP)
    AP - Pope Benedict XVI says the global financial crisis show the futility of money and ambition. -- read full article
    Mon, 06 Oct 2008 10:17:26 GMT - Yahoo! News: Business - European Economy
    BNP Paribas to take majority stake in Fortis (AP)
    AP - Officials of troubled Belgian bank Fortis NV acknowledged Monday they had no choice but to seek a buyout by another bank because of the increasing problems the company suffered due to the global financial credit crisis. -- read full article
    Mon, 06 Oct 2008 11:54:32 GMT - Yahoo! News: Business - European Economy
    London stocks hit four-year low (AFP)

    The London stock market nosedived 7.85 percent, hitting a four-year trough on investor concerns about the spreading global financial crisis.(AFP/File/Shaun Curry)AFP - The London stock market nosedived 7.85 percent on Monday, hitting a four-year trough on investor concerns about the spreading global financial crisis, dealers said.


    -- read full article
    Mon, 06 Oct 2008 16:36:37 GMT - Yahoo! News: Business - European Economy
    U.S. calls for unity as crisis wrecks markets (Reuters)

    A man reads information on an electronic screen at a brokerage house in Shanghai October 6, 2008. (Aly Song/Reuters)Reuters - Governments and central banks around the world grasped at measures to contain the fast-spreading financial crisis on Monday but global stocks still plummeted as investors bet a recession was inevitable.


    -- read full article
    Mon, 06 Oct 2008 18:57:27 GMT - Yahoo! News: Business - European Economy
    Europe governments go their own way on crisis (AP)
    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
    Europeans scramble to save failing banks (AP)

    A pedestrian passes the entrance to German lender Hypo Real Estate bank in Berlin in this September 30, 2008 file picture. Officials from the German government, central bank and financial regulator met on Sunday, October 5, in an effort to save lender Hypo Real Estate after a Berlin-brokered deal to rescue the imperilled bank unravelled.      REUTERS/Pawel Kopczynski/File  (GERMANY)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
    German gov't, banks agree to $69B bailout for Hypo (AP)

    Chancellor Angela Merkel, left, and Finance Minster Peer Steinbrueck, right, give a statement in the Berlin Chancellery on Sunday, Oct. 5, 2008. 'We will not allow the distress of one financial institution to distress the entire system,' Merkel told reporters while talks between government and business leaders continued in the capital. 'For that reason, we are working hard to secure Hypo Real Estate.' (AP Photo/Rainer Jensen,pool)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
    European central banks offer more cash to markets (AP)
    AP - The European Central Bank, the Bank of England and the Swiss National Bank offered more than $60 billion to markets Monday to try to keep the financial sector flush with cash. -- read full article
    Mon, 06 Oct 2008 08:34:01 GMT - Yahoo! News: Business - European Economy
    Merkel: Germany working hard to keep Hypo afloat (AP)

    Italian Prime Minister Silvio Berlusconi, left, shares a word with German Chancellor Angela Merkel during a media conference at an emergency financial summit at the Elysee Palace in Paris, Saturday Oct. 4, 2008. The global financial crisis is forcing the  leaders of France, Britain, Germany and Italy to come together for an emergency summit in Paris. But differences on how to respond to the economic turmoil could drive them apart. (AP Photo/Virginia Mayo)AP - German Chancellor Angela Merkel says her government is working hard to keep Hypo Real Estate AG afloat because it will not let the failure of any company disrupt Europe's biggest economy.


    -- read full article
    Sun, 05 Oct 2008 14:27:27 GMT - Yahoo! News: Business - European Economy
    EU provisionally approves Benelux bailout of Fortis (AFP)

    Fortis CEO Herman Verwilst is pictured at a news conference in September 2008 at the Fortis hedquarters in Brussels. EU regulators have provisionally approved the original three-country bailout package for troubled finance group Fortis, a spokesman has said, though the deal is swiftly being superceded.(AFP/File/Dominique Faget)AFP - EU regulators have provisionally approved the original three-country bailout package for troubled finance group Fortis, a spokesman said Sunday, though the deal is swiftly being superceded.


    -- read full article
    Sun, 05 Oct 2008 15:49:20 GMT - Yahoo! News: Business - European Economy
    More European Business & Economy Headlines Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 Next

    Question? Comments? comments@sourgrapes.org | Hosting by Wallanet