European Markets

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Dollar gains on uncertainty over aid for Greece

AP News 3 hours ago

Dollar gains after Greece says it may turn to IMF if EU can't agree to extend aid The dollar climbed Friday as worries over who would provide aid for Greece and other debt-heavy European countries sent investors scurrying for the safety of ...

EU seeks firm Greek aid plan

Reuters US Online Report Business News 3 hours ago

BRUSSELS/ATHENS (Reuters) - The European Union's monetary affairs chief urged the bloc's leaders on Friday to agree a standby aid package for Greece next week but France and Germany struck different notes and the euro slid. EU heads of state and government ...

Oil prices drop, driven by strong dollar

AFP Global Edition 4 hours ago

World oil prices fell further on Friday as a strong US currency dented investor enthusiasm for dollar-priced crude, analysts said. New York's main contract, light sweet crude for April delivery fell 59 cents to 81.61 dollars a barrel. London's Brent North Sea ...

London shares rise at open

AFP European Edition 8 hours ago

Leading shares rose in opening deals on Friday, following strong overnight performances in Asia and mixed results on Wall Street. The FTSE 100 index of top shares was up 0.32 percent at 5,660.44 points at the open. Copyright 2010 AFP European Edition

Greece ups stakes in quest for EU help

Reuters US Online Report Top News 23 hours ago

BRUSSELS/ATHENS (Reuters) - Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, saying it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF. ...

FTSE 100 shares in the red

AFP European Edition yesterday

FTSE 100 shares ended in the red at the close of trade on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit. London's benchmark index slipped 0.04 percent to close at 5,642.62 points. Lloyds Banking Group ...

European equities stumble on profit-taking

AFP Global Edition yesterday

Europe's main stock markets stumbled on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit, dealers said. In late morning European trade, London's benchmark FTSE 100 index gained just 0.08 percent to 5,649.25 points, while the ...

Euro sinks on Greek concerns

AFP Global Edition yesterday

The euro sank against the dollar on Thursday on persistent worries over the Greek debt crisis after Athens warned again that it could appeal to the International Monetary Fund for aid if none is forthcoming from its eurozone partners. In late morning ...

FTSE 100 stocks dip at open

AFP European Edition yesterday

Leading shares dipped at the open on Thursday as profit-takers moved to cash in on the previous day's gains. The FTSE 100 index of top shares was down 0.40 percent at 5,621.97 points. Copyright 2010 AFP European Edition

Greek PM warns over effect of high borrowing costs

Reuters US Online Report Business News yesterday

BRUSSELS (Reuters) - Greece's prime minister warned on Thursday that Athens would not be able to make planned deficit cuts unless it can borrow money more cheaply and said he would prefer not to have to turn to the IMF for help. ...

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