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Euro news

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Greece Made Preparations to Exit Euro
FRANKFURT - Already struggling with internal conflict, Greece's government is facing new criticism over secret preparations that would have allowed the country to leave the euro if necessary. In a recording released on Monday, Greece's former finance ...
Greece advances in loan talks, under fire for euro exit plan  Austin American-Statesman
Conflicts Erupt Over Syriza's Contingency Planning for Greek Euro Exit  Center for Research on Globalization
Euro may not be finished, but moving forward will be difficult
French president Fran´┐Żois Hollande has called for a common economic governance across the euro zone, and there is support in France and Italy for exploring ideas such as a common European unemployment insurance fund, a half-step towards the kind of ...
Opinion: After Greece, everyone will want a Plan B to leave the euro  MarketWatch
European Central Bank Disappointed Euro Has Not Brought Founding Economies ...  Breitbart News
Michelin first-half earnings rise 8.9 percent on tire volume, euro
Michelin & Cie., Europe's biggest tiremaker, said first-half earnings jumped 8.9 percent as volume rose and the weaker euro helped revenue. Operating profit before one-time gains or costs increased to 1.26 billion euros ($1.4 billion) from 1.16 billion ...
Putin Running to Stand Still as Euro, Gold Stymie Reserves Drive
Bank of Russia Governor Elvira Nabiullina picked the wrong time to load up on gold and the euro. The miscalculation means Russia is now down $300 million in its quest to raise international reserves, an effort it suspended Wednesday amid a rout in the ...
We Need a Plan for the Next Euro Crisis
Yet to date these measures have done little to improve the budget balance in important euro members. Earlier this year, France requested a delay in achieving the deficit ceiling under the Stability and Growth Pact, and Italy failed to make sufficient ...
Euro whipsaws after Fed leaves rates unchanged
The euro whipsawed against the dollar on Wednesday after the Federal Reserves said it would leave interest rates unchanged.
Let debtor nations leave euro, say German experts
Countries should be able to exit the euro as a “last resort” if they are unable to manage their debts, the German government's independent economic advisers say, in a sign of Berlin's hardening attitude towards propping up fellow members of the single ...
German advisers say euro zone exit should not be taboo  Reuters
German Independent Panel Favours Euro Exit for Insolvent Nations  MarketPulse (blog)
Renault profit boosted by weak euro
PARIS--French car maker Renault SA (RNO.FR) reported a sharp 86% rise in profit as a strong European market and a low euro boosted results, while a bigger dividend from Nissan Motor Co.
Greek ambassador: Euro exit contingency plan was prudent
Greece's ambassador to the United States conceded Tuesday that his government may have had a "Plan B" to exit the euro while seeking a new bailout from European creditors, but there was no explicit policy to take such a step. "They might have had in ...
Dollar rises against yen, euro after FOMC
The dollar rose against the yen and the euro during Asian trade Thursday, encouraged by what investors interpreted as a slightly hawkish statement from the Federal Open Market Committee in deciding when to raise short term rates.