Currently viewing the tag: "European Union"

Asian shares fell to a three-month low on Wednesday, as the Greek political impasse raised fears that the debt-embattled nation could reject its existing bailout plan that saved it from a chaotic bankruptcy and exit the European Union. Concerns over France’s political direction, weaker commodity prices and caution ahead of Chinese trade and inflation data, [...]

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European shares are seen opening higher on Friday, extending the previous session’s rally, after European Union ministers authorized the region’s bailout fund to issue bonds for the Greek debt restructuring, with a final approval for the second,EUR 130-billion bailout package expected next week

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Asian shares ended mostly lower on Friday, as investors remained skeptical on whether Athens can deliver the reforms after political leaders on Thursday clinched a last-minute deal on severe austerity measures needed to secure a new bailout package from the European Union and the International Monetary Fund.

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Asian shares ended mostly lower on Friday, as investors remained skeptical on whether Athens can deliver the reforms after political leaders on Thursday clinched a last-minute deal on severe austerity measures needed to secure a new bailout package from the European Union and the International Monetary Fund.

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