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
  • Swedish Krona Rises to 11-Year High Versus Euro on Safety Bid
    Spain said today the recession will extend into next year as the region of Valencia prepared to seek a rescue from the central government and European finance ministers approved the bailout of Spanish banks. Sweden’s Riksbank kept its key interest rate ...
    07/20/2012 - 3:51 am | View Link
  • Euro Closer to Collapse
    This year, when the central bank, I.M.F. and European Union agreed to another rescue of Greece ... Today 10-year Spanish government bond yields extended their recent rises, adding a further 7.3 basis points on the day to 7.03 percent.
    07/18/2012 - 10:04 pm | 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
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