Contrary to recent speculation against the backdrop of the eurozone crisis, Finland has no plans to exit the euro. Finnish minister for European affairs and foreign trade Alexander Stubb describes it

The International Monetary Fund (IMF) chief Christine Lagarde on Monday met Finance Minister Pranab Mukherjee and discussed the global economic situation, including the eurozone crisis.

"We particul

Moody's further cut Greece's credit rating Friday citing the losses private investors will incur after a recent deal to write off 107 billion euros ($141.3 billion) of Greek sovereign debt.

Moody's l

Ratings firm Standard & Poor's on Monday cut the credit rating of Greece to ‘selective default’ after banks agreed to write off more than half of their Greek debt holdings in a second EU bailout of th

US Treasury Secretary Timothy Geithner on Sunday threw Washington's support behind the new austerity measures agreed by Greece and said the US backed the idea of a new IMF loan for Athens.

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Moody's on Monday downgraded the debt ratings of Italy, Spain and Portugal and placed negative outlooks on France, Britain and Austria, blaming the ongoing fallout from the eurozone crisis.

Ratings w

Greek police on Sunday fired tear gas at petrol bomb-throwing protesters outside parliament, where tens of thousands had massed in a rally against austerity plans being debated by lawmakers.

Police s

Greece's coalition government early Saturday ‘unanimously’ approved a eurozone debt deal and accompanying austerity measures to avert a looming bankruptcy, the prime minister's office said.

"There wa

Eurozone finance ministers put off a decision on Thursday on a new bailout to save Greece from bankruptcy, giving Athens less than a week to meet three conditions in return for 130 billion euros in ai

Oil prices fell on Monday with the demand outlook uncertain as the market awaited the outcome of a European Union summit on containing the eurozone debt crisis, analysts said.

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