Standard & Poor's downgrades EU bailout fund EFSF The credit ratings agency Standard & Poor's has downgraded the EU bailout fund to AA+ from AAA. The European Financial Stability Facility's (EFSF)....
Europe leaders warn of difficult 2012
Europe leaders warn of difficult 2012 European leaders have warned of a difficult year ahead, as many economists predict recession in 2012. German Chancellor Angela Merkel said Europe was experiencing its &q....
ECB chief Mario Draghi plays down eurozone warning
ECB chief Mario Draghi plays down eurozone warning The president of the European Central Bank (ECB), Mario Draghi, has said he has "no doubts" about the euro's ability to survive the current crisis.
