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Monday, May. 20, 2013 |  Syndicate content

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Euro falls on weak German data, rate cut prospects

The euro fell to a two-week low against the dollar on Tuesday after weak German data fanned concerns about the euro zone economy and speculation the European Central Bank could cut interest rates.
Reuters: April 23, 2013

EU austerity measures offered few gains in 2012, figures show

Disappointing annual results across much of trading bloc as borrowings rose in several countries despite cost-cutting drive
Guardian: April 22, 2013

Analysis-Don't underestimate Germany's new anti-euro party

The political establishment has dismissed Germany's new anti-euro party as a fear-mongering populist aberration that could implode even before a looming federal election.
Reuters: April 14, 2013

Anti-euro party a wildcard in German elections

It's a spectacle that Germans are getting tired of: southern European protesters burning their flags and waving placards comparing Chancellor Angela Merkel to Nazi leader Adolf Hitler, all in reaction to Berlin's insistence on reforms and austerity in return for bailout funds.
The Olympian: April 14, 2013

Ex-SYRIZA leader Alavanos launches party advocating Greek euro exit

Former SYRIZA leader Alekos Alavanos officially launched his new “Plan B” party on Thursday, advocating Greece leave the euro and return to the drachma.
eKathimerini: April 6, 2013

Cyprus Vows to Stay in Eurozone

The president of Cyprus says his island country will not abandon the 17-nation euro currency union.
March 29, 2013

Cyprus eases some bank restrictions after bailout

The Central Bank of Cyprus has eased some of the restrictions imposed as the nation's banks reopened, following an international bailout deal.
BBC: March 29, 2013

Greek goddess Europa adorns new five-euro note

The ancient Greek goddess Europa is featured on the new five-euro note, which the European Central Bank is poised to unveil.
BBC: January 10, 2013

Threat to euro overcome, says Commission President Barroso

European Commission President Jose Manuel Barroso has said he believes the threat to the survival of the euro has been overcome.
January 7, 2013

Alternative currencies to the euro are springing up all over Greece

It's been a busy day at the market in downtown Volos. Angeliki Ioanitou has sold a decent quantity of olive oil and soap, while her friend Maria has done good business with her fresh pies.
The Business Insider: January 2, 2013