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EU backs banking supervisor, Greece bailout

Jean-Claude Juncker

DON MELVIN,Associated Press RAF CASERT,Associated Press   BRUSSELS (AP) — In one whirlwind morning, the European Union nations agreed Thursday to two key measures vital to the financial security of the region. As well as laying the groundwork for a full-fledged banking union, Greece’s euro partners approved billions in bailout loans that More...

by apodesk | Published 188 days ago

Barack Obama
By apodesk On Wednesday, December 12th, 2012
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THE RESET: Debt limit looms as next fiscal cliff

TOM RAUM,Associated Press   We now know what’s on the other side of that menacing year-end “fiscal cliff.” Another cliff. While White House and Republican congressional leaders labor behind More...

imf_logo
By apodesk On Thursday, December 6th, 2012
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Ireland imposes 6th straight austerity budget

SHAWN POGATCHNIK,Associated Press DUBLIN (AP) — Ireland’s government unveiled plans for €3.5 billion ($4.5 billion) in new taxes and spending cuts in the debt-burdened country’s sixth straight austerity More...

Barack Obama,  John Boehner
By apodesk On Monday, November 26th, 2012
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INFLUENCE GAME: Tax them, not us, groups say

CHARLES BABINGTON,Associated Press Publishable Editors Notes: An occasional look at how behind-the-scenes influence is exercised in Washington. WASHINGTON (AP) — A big coalition of business groups says there must More...

Belgium EU Budget Summit
By apodesk On Thursday, November 22nd, 2012
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Debate over EU debate mixes philosophy and money

DON MELVIN,Associated Press BRUSSELS (AP) — Which side of this week’s debate on the European Union budget a country takes can depend largely on which side its bread is buttered. Those that contribute more More...

Francois Hollande
By apodesk On Thursday, November 22nd, 2012
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EU leaders prepare for bitter fight over budget

RAF CASERT,Associated Press BRUSSELS (AP) — The leaders of Britain and France staked out starkly different visions of the European Union’s future Thursday as they walked into a budget summit, setting the More...

hsbc_logo
By apodesk On Thursday, November 22nd, 2012
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World stocks boosted by signs of China recovery

PAMELA SAMPSON,AP Business Writer BANGKOK (AP) — World stock markets rose Thursday after a survey showed that China’s manufacturing expanded for the first time in 13 months, rare good news for the struggling More...

Gelli-Ann Dayrit
By apodesk On Wednesday, November 21st, 2012
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Economy means sacrifice for Thanksgiving travelers

JASON KEYSER,Associated Press CHICAGO (AP) — Feeling the pinch of the sluggish economic recovery, many Americans setting out on the nation’s annual Thanksgiving migration had to sacrifice summer vacations, More...

Christine Lagarde, Jean-Claude Juncker, Luis de Guindos Jurado
By apodesk On Monday, November 12th, 2012
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Euro nations split on how to help Greece cut debt

JUERGEN BAETZ,Associated Press SARAH DiLORENZO,Associated Press BRUSSELS (AP) — Greece’s international creditors are proposing giving the country two more years to reform its economy, but European finance More...

Mario Draghi, Yannis Stournaras, Jean-Claude Juncker, Olli Rehn
By apodesk On Monday, November 12th, 2012
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Creditors propose giving Greece 2 more years

BERLIN (AP) — Greece’s international creditors are proposing granting the country two more years to meet its debt reduction targets as the country enters its sixth consecutive year of recession, according More...