Euro Rate

Prime Minister Lucas Papademos called elections after completing the restructuring and securing a 130 billion-euro Greek bailout from the European … Greece achieved a 96.9 percent participation rate on 206 billion euros of eligible debt …

The Baltic country, which exited a 7.5 billion-euro ($9.6 billion) bailout from a group led by … To do so, countries must meet inflation, interest-rate, budget-deficit and debt targets. Inflation must be within 1.5 percentage points of the …

The euro zone’s fourth-largest economy may have much more debt than the continent’s bailout funds could handle. Spain says its economy shrank 0.3 percent in the first quarter. Last week it said its unemployment rate rose to 24.4 percent in the …

BBC NewsEuro unemployment spikes to record 10.8 percentBusinessWeekThe lowest rate among the euro countries was Austria's 4.2 percent. Greece, Portugal and Ireland — the three countries that have already received a debt bailout — had unemployment…

Euro: EU Caps Firewall at EUR 800B, All Eyes On ECB British Pound: Breaks Out Of Range, BoE Rate Decision On Tap Euro: EU Caps Firewall at EUR 800B, All Eyes On ECB The EURUSDrallied to an overnight high of 1.3375 as the EU ramped up the bailout …

BloombergGerman Bond Prices Decline, Unsettling Confidence in a Safe HavenNew York TimesOn Wednesday the yield — or effective interest rate demanded by markets — on the benchmark 10-year German bond rose as high as 2.07 percent, an 18 percent incre…

FXstreet.comEuro and Euro Cross Rates At or Near Critical Inflection PointsInside FuturesThe following are some of the markets that could be worth watching over the coming days: EUR/USD: Has been very well bid since basing out by 1.3000 last week and t…

BloombergGreece's Third Bailout Seen in Debt With Junk Grade: Euro CreditBloombergThe price of Greek government bonds maturing in February 2042 that were provided as part of its debt exchange was at 21.48 cents on the euro at 8:04 am London time, w…

Globe and MailIMF backs €28BN Greek aid; S&P rates new bonds but holds sovereign rating in …Washington Post20, a move that could have sent shockwaves throughout the global financial system and further destabilized the group of 17 countries that…

The EconomistNew Greek bonds to price in high risk of defaultReutersYields between 13 and 17 percent imply an average price of 25.2 cents in the euro. Whether the new bonds gain or lose value in the medium term depends on Greece's progress in imple…