Italy Eyes Euro Zone Aid To Ease Debt Pain

Euro Zone

BRUSSELS (Reuters) - Italy said on Tuesday it may want to tap euro zone aid to ease its borrowing costs as finance ministers struggled to convince markets they are getting a grip on the bloc's debt crisis, which a top European Central Banker said could escalate.

Sections:  news   world   
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailoutCyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demandBaby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Swedish police find drugs on Bieber tour busSwedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
  • Greece offers new proposals to avert default, creditors see hope
    BRUSSELS - Greece took a step back from the abyss on Monday with the presentation of new budget proposals that euro zone leaders welcomed as a basis for a possible agreement in the coming days to unlock frozen aid and ... minute deal to ease a crisis ...
    06/22/2015 - 10:17 pm | View Link
  • Euro-Zone GDP — Recap
    The gloom over the euro-zone economy has darkened ... “Two downward surprises in the two biggest eurozone members today, combined with the downward surprise from Italy last weak do not bode well for the eurozone average,” they write in a note.
    08/14/2014 - 12:22 pm | View Link
  • Euro Climbs to Four-Month High
    NEW YORK—The euro rose to a fresh four-month high against the dollar after a German court approved the ratification of the euro-zone's permanent rescue fund.
    09/12/2012 - 10:09 am | View Link
  • Noyer says low ECB rates not easing bank funding costs
    In the eyes of the markets ... would be in a much more federalised euro zone." Euro zone leaders agreed last month to bend their aid rules to shore up banks and bring down borrowing costs of stricken debtors like Italy and Spain, as well as to form ...
    07/16/2012 - 1:00 pm | View Link
  • Noyer says low ECB rates not easing bank funding costs
    In the eyes of the markets, the interest rate charged to individual banks depends on the funding costs ... euro zone." Euro zone leaders agreed last month to bend their aid rules to shore up banks and bring down borrowing costs of stricken debtors like ...
    07/15/2012 - 9:00 pm | View Link
  • More
  • International Financing Review
    Returns evaporate from EM local currency bonds. IFR 2094 1 August to 7 August 2015 By Daniel Stanton, Sudip Roy, Michael Turner
    08/2/2015 - 2:25 am | View Website
  • Euro crisis latest news, commentary and analysis from the ...
    Euro crisis latest news and analysis on the euro debt crisis and possible financial contagion in eurozone
    08/2/2015 - 1:28 am | View Website
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has been taking place ...
    08/1/2015 - 9:03 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    08/1/2015 - 6:25 pm | View Website
  • International News | World News
    Get the latest international news and events from Asia, Europe, the Middle East, and more. See world news photos and videos at ABCNews
    08/1/2015 - 12:42 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News