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:
  • Euro Rises on German Ruling
    One of the questions hanging over the new bailout fund is whether and when Spain, the most urgent candidate for support, will ask for a rescue. Newspapers in Finland on Wednesday reported that the Spanish prime minister, Mariano Rajoy, might ask for the ...
    09/12/2012 - 1:46 pm | 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
  • Merkel buries euro bonds as summit tension rises
    However Germany, the EU's biggest economy and paymaster, appeared ready to budge on using the euro zone's rescue funds more flexibly to help ... The provision has scared investors off buying Spanish debt since Madrid was promised a bailout of up to 100 ...
    06/25/2012 - 7:39 pm | View Link
  • Spanish Yields at 7% Show Investors Slamming Door: Euro Credit
    Prime Minister Mariano Rajoy called on Europe’s policy makers last week to do more to support Spanish bonds after the bank rescue failed to halt yields ... as public debt rises after the bank bailout and bondholders grow wary of being subordinated.
    06/17/2012 - 10:13 pm | 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
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