Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved eurozone plan to help Spain's banks w

Eurozone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece's debt crisis flares again but any respite for Madrid and th

Holders Spain were held to a 1-1 draw by a dogged and determined Italy at the Arena Gdansk here on Sunday in the opening Group C match at the European Championship.

Italy took the lead on 61 minutes

Eurozone finance ministers agreed on Saturday to lend Spain up to 100 billion euros to shore up its teetering banks and Madrid said it would specify precisely how much it needs once independent audits

Moody's Investors Service has said that it may consider downgrading debt ratings for some eurozone nations if Spain seeks a bailout for its banking sector or Greece ends up dropping the euro as its na

A bailout for Spain's teetering banks, once requested by Madrid, could amount to as much as 100 billion euros, two senior EU sources said on Saturday.

Spain has not yet made a formal request for Euro

German Chancellor Angela Merkel said Europe was ready to act to ensure stability in the eurozone as Spain's credit rating was cut by three notches on Thursday amid expectations it may soon seek EU hel

Poland get the honour of opening Euro 2012 on Friday against surprise 2004 winners Greece but it would take a major upset to see either team or co-hosts Ukraine progress as far as the July 1 final in

Asian shares rose on Wednesday as concerns that Europe's financial strains could intensify following a warning from Spain that it was being shut out of credit markets fuelled hopes that policy makers

Gold edged down on Wednesday as investors continued to fret about the eurozone debt crisis with Spain's borrowing costs spiralling towards unsustainable levels, keeping the euro close to its lowest le