News Archive: currency: 2011

07, 2011 November:

Italy warned by ECB and IMF over reforms

A member of the European Central Bank's governing council has warned it may stop buying Italian debt if the government does not adopt promised financial reforms.

27, 2011 October:

Leaders agree eurozone debt deal after late-night talks

European leaders have reached a "three-pronged" agreement described as vital to solve the region's huge debt crisis.

18, 2011 July:

Euro, stocks decline on European crisis concerns

The euro dropped the most in a week against the dollar, Italian and Spanish bonds slumped, while shares slid on concern Europe’s debt crisis is worsening.

10, 2011 January:

Euro hits three-month low

The single currency traded at a three-month low today amidst fears individual nations will struggle to raise funds.

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