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191. Eurozone Launches Permanent Bailout Fund ESM
The euro area on Monday launched its permanent bailout fund, the European Stability Mechanism (ESM), as "part of a comprehensive strategy to ensure financial stability in the currency union," Eurogroup chief said.
192. European Fiscal Treaty - Where Things Stand
France inched closer to ratifying the European fiscal compact Tuesday after the lower house of parliament backed a bill incorporating the treaty into national law.
193. Gold Falls Amid Stronger Dollar
Gold futures on the COMEX division of the New York Mercantile Exchange fell Monday, as the World Bank lowered growth forecast for East Asian economies and uncertainty over this week's eurozone meetings pushed the dollar higher.
194. Angela Merkel Faces Angry Protests on Greece Visit
German Chancellor Angela Merkel will travel to Greece on Tuesday for talks with leaders eager for her support to avoid bankruptcy and remain in the eurozone as angry Greeks prepare to protest against her austerity drive.
195. IMF Cuts Global Economic Forecast
The International Monetary Fund on Tuesday downgraded its global economic growth forecast for 2012 and 2013 while warning that growth would be cut further if European and U.S. officials fail to stem their economic crises.
196. Global Economy Slides Further, Recovery Set Back
The International Monetary Fund (IMF) has downgraded its global growth forecast for 2012 and 2013, noting that the world's economic recovery had suffered "new setbacks."
197. IMF Warns US to Turn Away From 'Fiscal Cliff' Austerity
The International Monetary Fund insisted that U.S. lawmakers head off automatic austerity measures before the end of 2012.
198. IMF-World Bank Meetings Focus on Euro Crisis, Growth
IMF chief Christine Lagarde warned that policy uncertainty is weighing economic growth down, despite recent initiatives by central banks, which include the European Central Bank's bond-purchasing programme and the Bank of Japan's expansion of its asset-purchase programme.
199. France, Italy, Spain and Portugal to Discuss Eurozone Crisis
The leaders of France, Italy, Spain and Portugal will on Friday discuss the eurozone debt crisis on the sidelines of a European-African summit in Malta.
200. ECB Left Interest Rates on Hold
The European Central Bank on Thursday left its interest rates on hold, ahead of a news conference where its president, Mario Draghi, was expected to detail progress in bringing an end to the eurozone's long-running debt crisis.
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