Germany’s foreign minister today lashed out at the United States over criticism the eurozone is not doing enough to solve its economic woes, noting that US debt had also contributed to the current crisis. Read More German foreign minister hits out at US over debt crisis
Bank of England and other central banks to start lending to European banks that are struggling to borrow. Read More Finance watchdogs must take on banks senior minister says
A European debt deal is attainable at an emergency EU summit on Thursday because it is a “self defense mechanism for the eurozone”, Greece’s finance minister Evangelos Venizelos said on Monday night. Read More European debt deal is attainable claims Greek finance minister
Greece’s Finance Minister Evangelos Venizelos held a news conference on Tuesday on his return from a eurogroup meeting in Brussels to tackle the debt crisis and domestic policy. Here are the highlights of what he said. Read More Greeces Finance Minister Evangelos Venizelos speaks on the economy highlights
Israel central bank governor Stanley Fischer’s chances of becoming the next head of the International Monetary Fund are “not great,” Israeli’s Finance Minister has acknowledged. Read More Stanley Fischers chance of IMF job hampered by age, says Israeli finance minister
A tougher austerity programme with bigger cuts in public sector wages, along with tax increases and the privatisation of state assets is being prepared by the Greek government to meet the terms of its bail-out. Read More Greek Prime Minister rules out any restructuring of debt
The number of unemployed in Spain, which has the highest jobless rate among developed countries, could reach a record of more than 5m, the labour minister has warned. Read More Spain jobless total could pass 5m, says labour minister Valeriano Gomez
And as the Bank of Canada is expected to resume increasing its key interest rate, Flaherty and central bank governor Mark Carney have started raising … 28 Vote(s) Read More Finance Minister Jim Flaherty voted Canadian Pressdanamp39s business newsmaker of 2010
The South African rand fell today on the speculation that the Prime Minister would announce the measures to weaken the currency during his today’s speech.(…)Read the rest of South Africa’s Finance Minister May Weaken Rand (69 words) Posted on Forex News. Read More South Africas Finance Minister May Weaken Rand
The South African rand weakened today as the words of the South Africa?s Finance Minister about the rand being too strong outweighed the influence of the outlook for the good US unemployment reports today bolstering the higher-yielding assets.(…)Read the rest of Rand Falls After Finance Minister Says It’s Too Strong (98 words) Posted on Forex News. Read More Rand Falls After Finance Minister Says Its Too Strong
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