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Debt-burdened Ireland is talking with other European Union governments about how to handle its troubled finances, officials said Monday as the continent's debt crisis plagued markets and policymakers across Europe. Irish
Get the top business stories through the day on BlackBerry or iPhone by bookmarking our mobile-friendly webpage . Does U.S. face lost decade' The United States risks a Japan-style lost decade of weak growth and high unemployment if it does not attack
Stocks are ending mixed at the close of a busy week of earnings news. The Dow is slightly down Friday, while the broader Standard and Poor's 500 index and the Nasdaq are ending with gains. Shares traded in a
Finance Minister Jim Flaherty on Friday criticized China for failing to follow up on a pledge to allow greater flexibility in its currency, warning the policy could have dire consequences for a fragile global recovery. With fears of a "currency war"
European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
European Union finance ministers are set to discuss the possibility of introducing a levy on banks and whether a tax on financial transactions can deal with another banking crisis, as they gather Tuesday in an atmosphere more benign than when they
Euro celebrates its tenth anniversary ( EurActiv 05/01/09 )...The country's deficits are twice bigger than initially reported, leading to a fall in the sovereign debt rating and speculative attacks on the euro...EU leaders seek to prop up Greece with
European Union finance ministers are under pressure at Monday talks to fix a compromise with EU lawmakers over new financial oversight agencies due to be set up at the end of the year. Austrian Finance Minister Josef Proell told
European officials are under pressure to finish setting up their bailout fund for indebted governments before next week's publication of bank stress test results, which could highlight new financial strains. Markets are worried
The European Union on Tuesday thrashed out ways to toughen oversight of how governments run their economies in a bid to regain credibility with markets and prevent a repeat of the debt crisis afflicting the region. EU Economy