Euro Rate

Euro Zone Economy Skirts RecessionNew York TimesGermany has benefited from the European Central Bank's benchmark interest rate of 1 percent, which is set with the euro zone as a whole in mind but is probably too low for German conditions. While cre…

Euribor rates fall to just above euro-era lowReutersFRANKFURT, May 15 (Reuters) – Key euro zone three-month bank-to-bank lending rates edged towards all-time lows on Tuesday, pulled down by the huge amount of excess cash created by the European Central…

FRANKFURT, May 15 (Reuters) – Key euro zone three-month bank-to-bank lending rates edged towards all-time lows on Tuesday, pulled down by the huge amount of excess cash created by the European Central Bank’s recent unprecedented injections of …

Globe and MailWhy Gold Is No Longer a Safe Haven for InvestorsCNBC.comAfter falling five of the last six trading sessions, gold has given up all of its gains for 2012, settling at its lowest price of the year. With financial turmoil in the euro zone an…

Only three euro-zone countries posted worse growth in 2011 … The 1992 devaluation allowed big cuts in interest rates that relieved pressure on borrowers and banks. This time, devaluation has been accompanied by a severe tightening of credit conditions.

Proactive Investors UKMARKET PREVIEW: FTSE 100 seen lower despite China's rate cutProactive Investors UKPolls have shown that Syriza could win a new election, which would threaten Greece's euro zone membership as Syriza has previously said that…

Daily Monitor'E. Africa not safe from Euro zone crisis'Daily MonitorBy Martin Luther Oketch (email the author) Last year, governors decided to cut down on the number of borrowers at commercial banks through the introduction of a higher lending …

FRANKFURT, May 11 (Reuters) – Key euro zone bank-to-bank lending rates held steady on Friday, finding a floor after more than halving since late last year under the weight of an unprecedented injection of liquidity by the European Central Bank.

China’s annual rate of factory output grew more slowly than expected in … And that’s probably why S&P was down 10 points after the close,” he added. GREECE HITS EURO Prior to JPMorgan’s announcement, European and U.S. stocks rose after data showed …

AFPGermany to Euro Zone: Do as We Say, Not as We DoWall Street JournalGermany has bequeathed another legacy to the euro zone that some economists believe is increasing the obstacles to resolution: its monetary rectitude and its devotion to price stabil…