Beijing: The Chinese and European central banks said Thursday they reached agreement to set up a “currency swap” mechanism for the purchase and repurchase of
NICOSIA: Cyprus will not quit the euro despite the harsh terms of an EU-led bailout deal that saved the island from bankruptcy, President Nicos Anastasiades
Brussels: The battered euro, written off as a dud many times during a crisis-wracked year, appears to have survived 2012, but 2013 could prove just
London: European stock markets steadied Friday and the euro dropped against the dollar after a week dominated by rising concerns about the economic outlook for
London: European stock markets slid on Wednesday and the euro fell against the dollar as traders expected US President Barack Obama’s re-election to be challenged
Cristiano Ronaldo header gave Portugal a place in the Euro 2012 semi-finals after they beat Czech Republic 1-0 here on Thursday in their quarter-final.