The Euro Rises On Spanish Rescue, Stocks Next

The Asian markets this morning signaled satisfaction with the Euro bail out plan. Will it last?

Topics:  asian   euro   
BING NEWS:
  • Catalonia seeks 5bn-euro bailout from Spain
    The debt-ridden Spanish region of Catalonia has asked for a bailout of ... Speculation has persisted that the country will have to request a full financial rescue. In June, Spain requested 100bn euros ($122bn; £79bn) of loans from the eurozone's bailout ...
    08/28/2012 - 1:35 am | View Link
  • Euro crisis deepens as time starts to run out for Spain's banks and regions
    Spain drags the eurozone closer to the edge of collapse despite winning the backing of finance ministers from the single currency's major economies for a €100bn bank rescue fund A Valencian (R) and a Spanish flag ... cuts and tax rises to meet deficit ...
    07/20/2012 - 7:26 am | View Link
  • How tiny Finland could bring euro crisis to end
    We’ve just seen one rescue package for the troubled Spanish banks. But who says 100 billion euros ... During a recession, businesses go broke, unemployment rises, and loans don’t get repaid because people don’t have any money. None of that is good ...
    06/12/2012 - 8:00 pm | View Link
  • The Euro Rises on Spanish Rescue, Stocks Next
    In what looks like a positive initial reaction by markets to the bailout of Spain, agreed at the weekend, the Euro has risen 1% against the dollar. US stock futures are also up. The Bangkok Times reported shortly after markets opened: “The single ...
    06/10/2012 - 2:27 pm | View Link
  • Euro rises as Spain hails eurozone lifeline for banks
    "Progress in these areas will be closely and regularly reviewed," they said in their statement. Most Spanish newspapers' headlined the word "Rescue," although some sought to soften the blow. "Rescue without humiliation," insisted the conservative daily El ...
    06/10/2012 - 1:00 pm | View Link
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