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301. Investors See Central Bankers as Lifeline
Ever since the 2008 financial crisis, the direction of stock prices has been greatly influenced by the words and actions of the world's top bankers, such as Federal Reserve Chairman Ben Bernanke and Mario Draghi, the new president of the European Central Bank. Central bankers, thanks to their ability and willingness to help sick economies get better by injecting various forms of stimulus into the financial system, are viewed by investors as a lifeline.
302. Euro at a Crossroad
Jean-Claude Juncker, the head of Europe's Euro Group, said the currency shared by 17 nations was at a crossroads. "We have arrived at a crucial point," Juncker said. "The eurozone is at a point where it must prove with, all its means, its determination to guarantee stability," he said.
303. Geithner, Schaeuble Call for Reforms to End Debt Crisis
U.S. Treasury Secretary Timothy Geithner and German Finance Minister Wolfgang Schaeuble called on European states Monday to press on with economic reforms to help resolve the region's financial crisis and bolster confidence in the euro.
304. Eurozone Economic Sentiment Dropped Further in July
Economic sentiment in the crisis-stricken eurozone registered another fall in July -- the fourth-consecutive drop since March -- the European Commission said Monday.
305. Geithner to Meet with German, European Central Bank Finance Heads
US Treasury Secretary Timothy Geithner is to meet Monday with German Finance Minister Wolfgang Schaeuble and European Central Bank President Mario Draghi.
306. Wall Street Surges Over Euro Pledge
Stocks soared on Wall Street Thursday after European Central Bank chief Mario Draghi vowed to do "whatever it takes" to prevent the crisis-hit eurozone from breaking up.
307. ECB Chief Draghi to Do All Is Needed to Save the Euro
European Central Bank chief Mario Draghi pledged Thursday to do all that is needed to save the euro, as Italy faced a renewed rise in borrowing costs.
308. British Economy in Recession
The British economy is mired in a deep double-dip recession after figures published Wednesday showed a sharp decline of economic growth of 0.7 per cent in the second quarter of this year, the government conceded.
309. Eurozone Woes a 'Key Risk' to China's Economic Outlook
The slowing Chinese economy looks headed for a "soft landing" but could face turbulence from the crisis-plagued eurozone, the International Monetary Fund said Wednesday.
310. Moody's Lowers Outlook for Eurozone Bailout Fund
The rating agency Moody's announced Wednesday that it was putting a negative outlook on the European Union's main
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