Yahoo! News: Business - European Economy
Business - European Economy
Conservative wins Finland presidential vote
(AP)
5 Feb 2012 at 1:26pm
AP - A former finance minister won Finland's presidential election Sunday and will become the country's first conservative head of state in five decades.
Greek crisis talks for debt deal pushed to Monday
(AP)
5 Feb 2012 at 12:08pm
AP - Crisis talks on a debt deal for Greece among the three leaders of parties supporting the coalition government were suspended and will continue Monday.
Pro-EU Niinisto wins Finnish presidency: early results
(Reuters)
5 Feb 2012 at 11:56am
Reuters - Pro-Europe politician Sauli Niinisto won Finland's presidency, according to early results in Sunday's run-off election, showing voters want to keep the country in the euro zone despite their misgivings over European Union bailouts.
Euro zone insists no Greek rescue without reforms
(Reuters)
5 Feb 2012 at 6:15am
Reuters - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF.
Greece on "knife edge" in push to agree bailout
(Reuters)
5 Feb 2012 at 9:22am
Reuters - Greece's prime minister scrambled Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours remained to clinch a deal to avoid a messy default.
Wen says China has stake in helping Europe
(Reuters)
5 Feb 2012 at 1:01am
Reuters - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance as a market and hinting at more possible support for beleaguered exporters.
Euro zone loses patience with Greece
(Reuters)
4 Feb 2012 at 3:38pm
Reuters - Euro zone finance ministers told Greece on Saturday it could not go ahead with an agreed deal to restructure privately-held debt until it guaranteed it would implement reforms needed to secure a second financing package from the euro zone and the IMF.
Clinton: US, Europe must do more against tyrants
(AP)
4 Feb 2012 at 7:57am
AP - The Obama administration on Saturday called for stepped up U.S.-European cooperation to isolate tyrannies like the Assad regime in Syria, promote democracy in the Arab World and beyond and repair damage from the global financial crisis.
(AP)
4 Feb 2012 at 7:33am
AP - Greek finance minister: Debt talks held up by labor reforms.
Report: Monti says Italy a "safe place"
(AP)
4 Feb 2012 at 1:22am
AP - Italy is now a "safe place" amid market turbulence, Premier Mario Monti said in an interview published Saturday, pressing for Europe to turn its political energy to generating growth rather than further plans to strengthen budget discipline.
Clinton: US, Europe must work to defeat tyrants
(AP)
4 Feb 2012 at 12:52am
AP - U.S. Secretary of State Hillary Rodham Clinton is calling on Europe and the United States to do more together to defeat tyrannies, promote democracy and repair the damage from the global financial crisis.
Hackers attack Greek Justice Ministry website
(AP)
3 Feb 2012 at 11:28am
AP - Hackers have attacked the Greek Justice Ministry website to protest the government's signing of a global copyright treaty and its handling of the financial crisis.
Def Sec'y Panetta: Pressure must be kept on Iran
(AP)
3 Feb 2012 at 6:58am
AP - U.S. Defense Secretary Leon Panetta said Friday the key to stopping Iran from getting a nuclear bomb is keeping global support for tough economic sanctions.
Eurozone retail sales in surprise December fall
(AP)
3 Feb 2012 at 5:46am
AP - Retail sales in the 17 countries that use the euro unexpectedly fell during the crucial month of December, official figures showed Friday, raising fears of a looming recession in the single currency bloc.
NATO mulls paying for Afghan forces after 2014
(AP)
3 Feb 2012 at 5:16am
AP - NATO's top official said Friday that the alliance expects regional powers to contribute to a multibillion dollar fund to finance the Afghan army and police after they assume full responsibility for the war in 2014.
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