Tag Archives: debts

Euro gains as German policy makers approve expanded bailout plan

The euro gained against the U.S. dollar on Thursday as investors speculated that euro zone leaders will agree on measure to help its member who are in trouble to pay their debts.

The rally came as German policy makers approved …

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Oil up as investors speculate economic stimulus package

Oil climbed by more than 1.2 percent today on expectations that the Federal Reserve will step in and stimulate the economy this week.

The Federal Reserve today began a two day meeting and according to economists may make steps to …

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Markets post gains following Germany and France’s backing of Greece

Stocks gained for a third straight day on Wednesday as Euro zone leaders put their backing behind Greece and pledged that it would provide the assistance needed to stop the debt stricken country from defaulting on its debts. The Dow …

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Merkel assurance pushes Euro higher

The Euro rose slightly against other major currencies on Tuesday following reassurance from Germany’s Chancellor Angela Merkel that Greece would not default on its debts and slip into bankruptcy.

Merkel stated on Monday that Greece should receive the financial aid …

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