euro zone

Euro zone posts 1.6% gain during recession, close to target 2%-ECB

The 17 nations in Euro zone suffered from recession. Unemployment was high but inflation rate remains up.

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Eur60 Billion Euro Zone Bailout Fund to Save Banks

Finance ministers in the Euro zone agreed to systematically rescue important banks with a Eur60 billion bailout fund.

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Euro Zone officials tell members to prepare contingency plans for possible Greece exit

Euro Zone officials told members to prepare contingency plans in case that Greece exit euro zone, according to Reuters.

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