Feb. 9 (Bloomberg) -- The euro rose the most in almost a month versus the
dollar on speculation European officials meeting this week will agree to assist
Greece in tackling its budget deficit. Japan’s currency slid the most against
the euro in more than two months after a European Central
If asked about the risk of a Greek default, ministers were advised to say they
were “fully confident” that the country “will rise to this challenge,”
according to the confidential EU memo, which was dated Feb. 5. The note’s
recommendation on sidestepping such questions was called a
If asked about the risk of a Greek default, ministers were advised to say they
were “fully confident” that the country “will rise to this challenge,”
according to the confidential EU memo, which was dated Feb. 5. The note’s
recommendation on sidestepping such questions was called a
By Chris Fournier The loonie rose against half of its 16 most-traded
counterparts tracked by Bloomberg, while the New Zealand and Australian dollars
were the best-performing major currencies. The U.S. dollar and yen weakened on
speculation Europe will help Greece contain its budget
As investors start to question Spain’s ability to cut the euro region’s
third-largest budget deficit, Deputy Finance Minister Jose Manuel Campa
yesterday reminded them that “we have done it in the past.” In the early 2000s,
Spain turned a shortfall into a surplus within six years
Feb. 9 (Bloomberg) -- Greek Finance Minister George Papaconstantinou said he
can’t call for outside aid as his government struggles to cut the European
Union’s largest budget deficit. Papaconstantinou has so far failed to convince
investors that Greece can push the deficit below the
Feb. 9 (Bloomberg) -- Greek Finance Minister George Papaconstantinou said he
can’t call for outside aid as his government struggles to cut the European
Union’s largest budget deficit. Papaconstantinou has so far failed to convince
investors that Greece can push the deficit below
By Michael Patterson The MSCI Emerging Markets Index added 1 percent to 903.01
at 9:43 a.m. in London, after falling 6.1 percent during the past three days.
Developing-nation currencies strengthened, led by a 0.7 percent advance in
South Korea’s won against the dollar and a 0.3
“I’ve been very impressed with the comprehensive approach they’ve had,”
Stiglitz said in an interview on Bloomberg Television today. “There’s clearly
no risk of default. I’m very confident about it.” Greek Finance Minister George
Papaconstantinou said yesterday that he can’t
By Bloomberg News Investor appetite for emerging-market assets picked up after
a European Central Bank spokeswoman said President Jean- Claude Trichet will
leave a meeting early in Sydney to attend a meeting of euro nation chiefs on
Feb. 11. The MSCI Asia-Pacific Index reversed a loss
As investors start to question Spain’s ability to cut the euro region’s
third-largest budget deficit, Deputy Finance Minister Jose Manuel Campa
yesterday reminded them that “we have done it in the past.” In the early 2000s,
Spain turned a shortfall into a surplus within six years
