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Will Euro Touch Its 2012 Lows?
The downtrend in the euro (EUR) seems set to last in the coming weeks as the single currency continues to come under pressure due to political uncertainty, sovereign debt crisis, and deepening recession in the eurozone.
Thousands March in Spain to Mark First Anniversary of Protest Against Austerity
Spain's Indignados fill streets to march against austerity measures that have not brought any improvement to the country's economic situation.
Euro Nears To Two-Year Low Against Pound on Bleak Data
The euro continued to weaken against the British pound to reach a near-two-year low on Wednesday, after the release of dismal economic data showing that the region is heading towards a deepening recession.
Downtrend in Spain’s Unemployment Rate Could Continue
The downtrend in the unemployment rate of debt-stricken Spain is expected to continue in the coming months, as the deepening recession along with austerity measures likely to weigh on the labor market in the nation.
Resilience in Eurozone’s Growth Proves To Be Short-lived
The improvement in Euroarea’s economic activity in early 2012 proved to be temporary, as the re-emergence of sovereign debt crisis again strongly weighed on the region’s manufacturing activity in April.
IMF Secures £199bn to Deal with Eurozone Crisis
Though considerable progress has been made to tackle eurozone crisis, it remains single largest threat to world economy.
Moody's Lowers UK Outlook and Downgrades Six Others
UK's AAA credit rating in danger after Moody’s puts country on negative watch along with France and Austria.
The Hottest Travel Destinations in 2012
British holidaymakers may be planning to holiday in 2012, but which destination to choose?
Scotland Yard Detectives Fly to Spain in Hunt for Madeline McCann
A team of Scotland Yard officers has flown to Spain to investigate Madeleine McCann's disappearance four years ago.