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Tag Results for "Eurozone"

EU Approves $13 Billion Bailout for Cyprus

Eurozone economy and finance ministers on Saturday hammered out a bailout deal of up to 10 billion euros ($13 billion) for Cyprus, the region's smallest economy. continue reading »

JUST IN:  Fitch Downgrades Spain’s Credit Rating from AA-plus to AA-minus

Fitch, the international credit rating agency, has just downgraded Spain’s credit rating by two notches from AA-plus to AA-minus. This downgrade was done on the heals of the agency downgrading Italy’s rating from A+ to AA-. continue reading »