EU officials have been keen to trumpet the latest euro zone Band-Aid as a triumph for collective action and an answer to critics who accused the group of acting too slowly and with not enough money in the past.
For those who weren?t already planning on tuning into the Euro 2012 England vs. France soccer match Monday night, a halftime surprise may change your mind.
This week's data releases could reignite hopes that the Federal Reserve will soon provide more policy stimulus. May's producer price index and consumer price index should show that inflationary pressures are easing, with the latter falling below the Fed's 2 percent target rate. Retail sales and industrial production figures for May are likely to come in on the soft side, as well.
Crude oil futures rallied Monday as market participants welcomed Europe's plan to provide financial assistance to Spain to properly restructure its troubled banks.
Stock markets in China and Hong Kong gained Monday as sentiment was buoyed on news that the euro zone will provide financial assistance to help Spain's troubled banks.
Spain's prime minister said Sunday that despite financial assistance of as much as ?100 billion ($125 billion) for the country's ailing financials sector, the euro zone's fourth-largest economy will continue to suffer from high unemployment and shrinking gross domestic product.
Developments in Greece and Spain could lead first to rating reviews and then to rating actions on all 17 countries in the euro zone, Moody's Investors Service announced Friday.
Spanish officials appeared hesitant to recognize the reality of their country's situation on Saturday as the nation agreed to accept as much as ?100 billion ($125 billion) in a bailout of its cash-strapped financials sector by one or both of the euro zone's rescue funds.
Watch highlights of Germany's 1-0 victory over Portugal in Euro 2012.
Watch live coverage of Germany against Portugal in Euro 2012, plus a full preview, team news and predicition.
Watch live coverage of the Netherlands Vs. Denmark, plus read a full preview, team news and prediction for the Euro 2012 clash.
Forget New York, Paris or Sydney. Take a closer look at the map, and you?ll find a whole host of overlooked cities just begging to be explored.
Not wanting to leave markets complacent going into the weekend, troubling headlines continue to hit the wires from the common-currency bloc overseas.
On Thursday, the government of Denmark approved a law to legalize same-sex marriage. But many are wondering why it took so long?
Not a chance.
Xavi Hernandez and the rest of Spain head into Euro 2012 as favorites when the tournament featuring the continent's top 16 teams kicks off tomorrow in Poland and the Ukraine.
Italian banks appear close to joining Spanish banks as the euro zone's latest contribution to the financial world's endangered species list.
Spain will attempt Thursday to sell as much as 2 billion euros ($2.5 billion) of bonds at interest rates expected to be dangerously high.
Chelsea continue to be linked with further high-profile additions, while some current squad members may be on the way out of Stamford Bridge.
The focus has turned to Spain, where banking debts last week sent Liberbank, Ibercaja and Caja 3, who together hold toxic real estate assets valued at around ?11.8 billion ($14.8 billion), into merger talks.
Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies were to hold emergency talks on the currency bloc's worsening debt crisis.
Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.