Eurozone debt crisis deepens
The euro has sunk under 1.30 dollars and bond rates have risen as the eurozone debt crisis rages on unabated by Ireland’s bailout, but stock markets have mostly risen.
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ReutersVideo — May 18, 2010 — Finance ministers in the euro zone agree a first slice of aid for Greece. Stocks rally in the hope that a final rescue package will soon be agreed. The euro still under pressure. Copyright Reuters 2010 Euro zone eurozone Greece greek aid rescue package finance ministers imf aid plan global stocks germany france pigs Portugal spain italy Ireland Iceland downgrade loan budget cuts austerity measures protests protesters