Europe News
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Merkel Turns Crisis into Opportunity to Reshape Euro Zone
Chancellor Angela Merkel is turning Europe’s sovereign-debt crisis into an opportunity to reshape the euro region in Germany’s image.
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Franco-German Divide on Debt Crisis May Mark Europe Summit
Germany and France carried a quarrel over the euro rescue fund and a revamp of economic management into today’s European summit intended to sketch a path out of the debt crisis.
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UBS May Be Sued by SEC Over Marketing Puerto Rico Closed-End Bond Funds
UBS AG may be sued by the U.S. Securities and Exchange Commission over the sale of mutual funds that bought $1.5 billion in bonds Switzerland’s largest bank had underwritten in Puerto Rico.
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Spanish Bonds Advance After Economy Grew Faster Than Forecast Last Quarter
Spanish goverment bonds jumped after a report showed the nation’s economy grew more than forecast in the fourth quarter.
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