Spain stepped up efforts to save its troubled banks on Thursday with a plan to make them recognize huge losses from a property crash, but uncertainty over the final cost of a rescue hit the euro, Spanish debt and global stock markets.
German exports unexpectedly rose for the third straight month in March as demand from outside the euro zone offset weaker sales within the currency bloc, prompting economists to predict that Europe?s biggest economy will escape recession.
A Greek sovereign default has always been a talismanic scare for the euro stakeholders. It would put the common currency under the greatest pressure since its creation, and shake the foundations of the currency bloc.
If in any case MySpace lasts for the next 20 years, you can count on one group watching them do it -- The federal government. The social networking site will be kept a close eye on by the third-party observer for the duration of 20 years.
Tsipras has only three days to form a new unity government.
Samaras? party ?won? Sunday?s election, but with only about 18.9 percent of the total electorate, meaning he had to form an alliance with one or two other parties to create a viable new government.
Socialist Francois Hollande will lead France after Nicolas Sarkozy got ousted by voters fed up with austerity. In Greece, the far-left and far-right have made big gains. But it may not be time just yet to start worrying about the fate of the euro zone.
About 150 people were injured when gas-filled balloons exploded during a rally for the Republican Party in the capital city of Yerevan
About one-fourth of the 3,400 French troops stationed in Afghanistan are scheduled to depart the country by year-end.
Seven political parties gained at least 6 percent of the vote in Sunday?s election in Greece, with the top vote-getter, the conservative New Democracy, winning about 18.9 percent.
During his victory speech, the new French president explicitly disavowed austerity.
Le Monde, the French newspaper, has declared Socialist candidate Francois Hollande the winner of the second and decisive round of the country's presidential election with 51.9 percent of the vote, while saying the incumbent Nicolas Sarkozy gained 48.1 percent.
Since the 1990s, Turkey?s fertility rate has steadily declined, due to, among other factors, rising household incomes, expanded access to higher education for women and increased birth control practices.
Golden Dawn, which seeks to deport illegal immigrants from Greece, needed at least 5 percent of the electorate, in order to have representation in parliament.
The two leading mainstream parties will likely have to form an uneasy coalition in order to form a new government.
Polling began in Greece Sunday in an early general election that could push the debt struck country to further turmoil and uncertainty.
Both the center-right New Democracy and the center-left Pasok parties could be in for beatings on Sunday as Greece conducts its first general parliamentary elections since the country's sovereign-debt crisis mushroomed in late 2009.
Unlike in France, where voters choose between two distinct candidates (conservative Nicolas Sarkozy and Socialist Francois Hollande), the Greek election is more complicated.
The European Central Bank made a show of that organization's immense political and economic force Thursday, rattling world markets with news it had not even considered lowering benchmark euro lending rates and, more provocatively, having its top banker lecture European politicians on the eve of what are expected to be decisive election in two European countries.
Up until now, India had adamantly opposed sanctions against Iran.
The French had one chance of seeing a debate between the two men facing off for the presidency. On Wednesday, they certainly got a lively confrontation.
Data from consultants JBC Energy showed Iran's output fell by 150,000 barrels per day over a two-month period, hitting a 20-year-low of 3.2 million barrels in April.
