DUBLIN — Euro zone finance ministers agreed Friday to give Ireland and Portugal more time to repay their bailout loans after a disastrously chaotic rescue for Cyprus renewed animosity toward the ... Read more
ALTHOUGH the overall European economy is stuck in neutral at best, the region’s stock market may have turned a corner in the first quarter. Money managers point to signs like these: ... Read more
ROME — Italy’s political gridlock deepened on Wednesday as talks to form a government broke down between the center-left leader, Pier Luigi Bersani, and the upstart Five Star Movement, a month after ... Read more
FOR all the criticism of bailouts since the financial crisis struck, virtually no one has suggested that depositors in banks be made to suffer along with their investors, employees and customers. Until this ... Read more
BRUSSELS — Cyprus reached a long-awaited bailout agreement early Saturday worth $13 billion, or 10 billion euros, that puts some of the burden for shoring up the island’s beleaguered economy on its ... Read more
BRUSSELS — Seven major developed countries including the United States and Germany pledged on Tuesday to let foreign exchange markets determine the value of their currencies. The statement by ... Read more
LONDON — It has been tempting this past week to recall the Battle of Agincourt between the French and English armies, not because of any looming anniversary — the 600th is not due until 2015 — ... Read more