Euro, Debt Crisis | featured news

Top official resigns from European Central Bank

Top official resigns from European Central Bank

A top board member of the European Central Bank unexpectedly resigned on Friday in what analysts saw as further evidence of the deep divisions over how to resolve Europe’s growing debt crisis. The move immediately rattled European markets and the euro, which slipped to a six-month low against the dollar. The European Stoxx and German DAX indexes tumbled 3.5 percent.

 

Subscribe to this RSS topic: Syndicate content