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421. Spain's Rajoy Presses for Eurobonds
Spanish Prime Minister Mariano Rajoy declared his support for eurobonds for the first time on Tuesday and demanded that Brussels make its position on the financial instruments clear in order to give highly indebted states more stability.
422. IMF Chief Lagarde Urges Further Eurozone Integration
International Monetary Fund (IMF) chief Christine Lagarde urged the 17 eurozone countries Tuesday to integrate further before accepting new members into the currency union, during a conference in the Latvian capital Riga.
423. US Calls for Steps to Solve Eurozone Crisis
The White House on Monday called on the European countries to take more steps to solve the worsening eurozone crisis, saying the markets view the measures being taken so far as insufficient.
424. German Industrial Orders Slump Amid Signs of Euro Slowdown
German factory order books slumped more than forecast in April, raising concerns that faltering global growth is catching up with Europe's biggest economy, data released Tuesday showed.
425. Euro Leaders Edge Toward 'Banking Union'
Europe's leaders edged toward a controversial new blueprint for a federalized eurozone as Group of Seven finance ministers were to discuss the growing crisis.
426. Oil Price Falls Below $100 Per Barrel
The oil price of the Organization of the Petroleum Exporting Countries (OPEC) has dropped below 100 dollars a barrel for the first time since October, according to data released on Monday.
427. Euro Break-up Fears Escalate
The eurozone took a hammering on the financial markets this week as investors worried about a cataclysmic break-up ran for cover.
428. Berlusconi to Germany: Agree With Me or Leave Eurozone
Germany should agree to demands for the European Central Bank (ECB) to print more euros and guarantee the public debts of eurozone members or leave the common currency area, former Italian prime minister Silvio Berlusconi said Friday.
429. Spain Approves Bank Reform, Markets Give No Relief
German Chancellor Angela Merkel on Thursday defended Spain's economic reforms while the parliament in Madrid approved a bank reform and markets maintained pressure on Spain over the crisis of the country's fourth-largest bank Bankia.
430. Eurozone Uemployment Hits Another Record High
The number of people out of work in the eurozone hit a new record in April, with 17.4 million people on the hunt for a job, fresh data released on Friday showed.
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