euro zone

FOX Business: The Power to Prosper The markets moved higher as traders cautiously kept tabs on the euro zone sovereign debt crisis and took advantage of bargains following Friday's selloff. Today's Markets As of 9:48 a.m. ET, the Dow Jones Industrial Average climbed 45.2 points, or 0.38%, to 11...

French President Nicolas Sarkozy has got German Chancellor Angela Merkel wrapped around his little finger. This is sending the euro higher. Sarkozy, visiting Frau Merkel in Berlin, has been successful in getting Merkel to compromise on her demands for bondholders to carry the burden. She said she...

On Tuesday, an emergency meeting of euro finance chiefs failed to produce a plan for a privately financed Greek bailout, Bloomberg reported. Over the past several weeks, European politicians—particularly French President Nicolas Sarkozy and German Chancellor Angela Merkel—have been indicating that...

The European Central Bank expects the Euro Zone economy to grow at a slow rate for 2010, but they are keen to remind people that that outlook is subject to a myriad of uncertainty. Bank President Jean-Claude Trichet said in a press conference, following the ECB’s decision to keep interest rates at...