Written by NEW YORK — Stocks opened higher Wednesday as investors considered whether a $1 trillion bailout package would be enough to fix the Euro zone’s long-term debt problems. READ MORE »
Posts tagged eurozone economic
Spain Sees Credit Squeeze but Denies EU Rescue Bid
Spain said on Monday that foreign banks were refusing to lend to some of its banks in the latest twist to the euro zone debt crisis, but denied it was on the brink of seeking a Greek-style European financial rescue. READ MORE »
WORLD FOREX: Dollar Draws Wary Investors,Focus Turns To G-20
The dollar was slightly stronger versus the euro Friday as top leaders from the G-20 gathered to discuss the world’s economic woes, with equities softening and investors mulling fresh worries about the rising cost of insuring Greek debt. READ MORE »