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Sun, 21 Mar 2010 00:20:25 GMT

Russian Prime MInister Vladimir Putin attends a meeting outside Moscow in Novo-Ogarevo on March 20, 2010. Thousands of protesters rallied in dozens of Russian cities against Putin's government as opposition groups mobilised anger over economic woes. AFP PHOTO / RIA NOVOSTI / POOL / ALEXEY NIKOLSKY(AFP/Alexey Nikolsky)AP - Thousands of people have rallied across Russia to denounce the government's economic policy and demand more freedom in a new challenge to the Kremlin reflecting increasing disillusionment and a growing potential for protests.


Sat, 20 Mar 2010 19:52:13 GMT

Germany will agree to European countries providing bilateral assistance to debt-stricken Greece, Finance Minister Wolfgang Schaeuble, pictured on March 19, said Saturday.(AFP/DDP/File/Berthold Stadler)AFP - Germany will agree to European countries providing bilateral assistance to debt-stricken Greece, Finance Minister Wolfgang Schaeuble said Saturday.


Sat, 20 Mar 2010 17:01:24 GMT
Reuters - German Finance Minister Wolfgang Schaeuble said only the most extreme circumstances could justify a bailout of a European Union state from within the union, and any such aid would have to be delivered bilaterally.
Fri, 19 Mar 2010 22:48:50 GMT

EU commissioner for Internal Market and Services French Michel Barnier, seen here in Brussells, sought on Friday to calm US fears of discrimination over European financial services reforms that would regulate hedge funds.(AFP/File/Georges Gobet)AFP - EU financial services commissioner Michel Barnier sought on Friday to calm US fears of discrimination over European financial services reforms that would regulate hedge funds.


Fri, 19 Mar 2010 20:26:09 GMT

Greece's Prime Minister George Papandreou answers reporters' questions after a meeting with European Parliament President Jerzy Buzek in Brussels March 18, 2010. REUTERS/Thierry RogeReuters - The European Union's monetary affairs chief urged the bloc's leaders on Friday to agree a standby aid package for Greece next week but France and Germany struck different notes and the euro slid.


Fri, 19 Mar 2010 20:00:51 GMT
AP - The European Commission urged Germany and other eurozone governments Friday to put up a package of government-to-government loans to ease Greece's financial plight and end weeks of financial turmoil and speculation.
Fri, 19 Mar 2010 17:09:49 GMT

Prince Charles (L) and his wife Camilla, Duchess of Cornwall pose for photographers during a visit in the garden of the Prague Castle.(AFP/POOL/Michal Krumphanzl)AP - Prince Harry says he hopes to join a group of disabled soldiers in a charity expedition to the North Pole to raise money for wounded troops.


Fri, 19 Mar 2010 17:09:22 GMT

FTSE 100 shares were upbeat at the end of trade boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.(AFP/File/Shaun Curry)AFP - FTSE 100 shares were upbeat at the end of trade on Friday boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.


Fri, 19 Mar 2010 21:32:39 GMT

Greek taxi drivers protest against the debt-ridden government's economic plan in Athens on March 18. Europe split over IMF intervention for debt-ridden Greece on Friday, upping pressure on national leaders to resolve crisis plans just days from a crunch summit.(AFP/File/Aris Messinis)AFP - Europe split over IMF intervention for debt-ridden Greece on Friday, upping pressure on national leaders to resolve crisis plans just days from a crunch EU summit.


Fri, 19 Mar 2010 15:41:24 GMT
AP - A former Spanish police chief convicted of embezzling the equivalent of euro10 million ($14 million) became a free man Friday after serving 15 years in prison, and immediately faced — and dodged — the question on many Spaniards' minds: where'd he stash the money?
Fri, 19 Mar 2010 14:57:31 GMT

People line up to enter a government job center in Madrid, Friday, Oct. 23, 2009. As the United States and major European economies limp out of recession, the euro zone's fourth-largest economy remains stuck in the mire of an exploded real estate bubble and searching for new, high value-added sources of growth, both to put its 4 million unemployed back to work and chip away at deficits and debt that have triggered fears of a Greek-style crisis. Across the euro-zone's debt-stricken fringe, other countries are in a similar quandary, particularly Ireland. There, as in Spain, government coffers got fat on tax revenue from land and real estate deals encouraged by cheap credit, until the good times evaporated about two years ago. Now it's time for painful soul-searching. And skepticism that a solution will be found is a major factor fueling Europe's debt jitters. (AP Photo/Daniel Ochoa de Olza)AP - The wreckage of Spain's economic growth model stands neatly aligned on the roads leading out of Madrid — row after row of unsold houses, windows dark, for-sale signs out front.


Fri, 19 Mar 2010 14:22:32 GMT
AP - Spanish ministers approved Friday a wide-ranging 10-year reform plan designed to wean the economy off its dependence on construction and create broader, more sustainable growth as the country fights to climb out of recession.
Fri, 19 Mar 2010 14:05:21 GMT

Europe's main stock markets were in positive territory, with the London's FTSE 100 boosted by British state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.(AFP/File/Shaun Curry)AFP - Europe's main stock markets advanced on Friday, with London boosted by British state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.


Fri, 19 Mar 2010 12:33:48 GMT
AP - German insurer Allianz SE expects its 2010 operating profit to be around last year's level of euro7.2 billion ($9.7 billion) as the global economy comes out of a long downturn.
Fri, 19 Mar 2010 11:32:15 GMT

European Commissioner for the Internal Market Michel Barnier speaks during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs. (AP Photo/Virginia Mayo)AP - The European Union's finance executive called Friday for banks to pay into a fund that could be drawn upon in case of collapse, an effort to shield taxpayers from the fallout of future crises.


Fri, 19 Mar 2010 11:29:09 GMT
AP - German officials say Berlin isn't ruling out financial aid from the International Monetary Fund for Greece, but say no decision is needed now.
Fri, 19 Mar 2010 20:21:50 GMT
AP - The dollar climbed Friday as worries over who would provide aid for Greece and other debt-laden European countries sent investors scurrying for the safety of the U.S. currency.
Thu, 18 Mar 2010 12:39:24 GMT

A closed gas station is seen during a strike in northern Athens on Thursday, March 18, 2008. Greek taxi drivers and many gas station owners are striking against a proposed overhaul of tax laws under the government's efforts to overcome its debt crisis. (AP Photo/Thanassis Stavrakis)AP - Greek unemployment rose to 10.3 percent in the fourth quarter of 2009, the country's statistics agency said Thursday — the highest since 2005 and the largest jump in 11 years.


Thu, 18 Mar 2010 11:38:22 GMT
AP - Public sector debt in the United Kingdom climbed above 60 percent of GDP in February as government agencies borrowed another 12.4 billion pounds ($19 billion), the Office for National Statistics said Thursday.
Thu, 18 Mar 2010 11:09:58 GMT

An investor looks at a stock price monitor at a private securities company Wednesday, March 17, 2010 in Shanghai, China. Asian stock markets have pushed higher after the U.S. central bank again pledged to hold interests rates low and gave mildly optimistic assessment of the world's largest economy. China's main Shanghai index added 1.9 percent Wednesday.  (AP Photo/Eugene Hoshiko)AP - World stock markets fell Thursday and the euro weakened on concerns the European Union will not agree to give Greece concrete financial support, leaving it to potentially seek assistance from the International Monetary Fund.


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