G-20 raises pressure on Germany to save Spain

Note: This section contains information in English only.
Source: Bloomberg
During their meeting in Mexico the leaders of the Group of 20 countries put emphasis on stabilizing European banking system adding pressure on German leader Merkel to boost rescue tools as Spain's crisis worsen. Merkel, however, keeps rejecting the ideas of boosting deficit spending or pooling Eurozone debt.
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Tue, 19 Jun 2012 06:54:59 GMT

Dollar weakens ahead of Federal Reserve meeting

The US Dollar slipped versus the Yen and Euro on Tuesday ahead of Fed meeting later in the day. Investors are betting the US central bank will consider introducing further stimulus to support US economy.The greenback shed 0.3% versus Euro to USD 1.2611 and depreciated 0.2% against Yen to JPY 78.98. Currently EUR/USD is trading at 1.2611.

Tue, 19 Jun 2012 06:32:58 GMT

Greek parties continue coalition talks

The winner of Greek parliamentary elections Antonis Samaras continues talks with Socialist Pasok party for a second day to create a coalition that would keep rescue funding flowing. Samaras had secured an initial agreement with Evangelos Venizelos, the leader of Pasok party. Today Samaras is going to discuss the possible  strengthening  of coalition with Fotis Kouvelis from Democratic Left party. In case all three forces manage to

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