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EU Constructing EU130 Billion Growth Package, Germany Says
The European Commission is working with the 27 EU states on a 130 billion-euro ($164 billion) package to bolster the region's economy amid recession, according to German government officials.
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Money Rates Decline in Europe on Cash Injections
The cost of borrowing in dollars for three months in London fell for a second day on speculation central-bank cash injections and deeper interest-rate reductions will further thaw the freeze in lending. 6
Japan's `Least Ugly' Economy May Beat U.S., Europe in Crisis
Japan's newly declared recession may be a chance to show that the world's second-largest economy can finally outperform the U.S. and Europe. 6
Yen Strengthens Versus the Euro as Recession Curbs
The yen gained against the euro for a third day as the prospect of a global recession prompted investors to sell higher-yielding assets and pay back low-cost loans in Japan's currency. 6
Euro Falls vs US Dollar Following Dovish ECB Comments
The euro is relatively poorly bid against the U.S. dollar on Tuesday after early-morning comments by European Central Bank Board member Gertrude Tumpel-Gugerell caused a downturn in the cross. 6
EUR/JPY - Euro Yen 11/19/08
122,20. EUR JPY is in a range between 120,70 and 123,80. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). 6
Falling Oil Prices Expected to Slow German PPI Growth forOct
With oil prices continuing to fall back from their record highs reached earlier this year, a majority of economists expect German producer price growth to slowed further in October. Ahead of the Federal Statistical Office (Destatis)'s data releas 5
Italy's Current Account Deficit Widens In September
Italy's current account deficit widened to EUR4.89 billion in September from EUR2.89 billion in August, the Bank of Italy said Tuesday. That was bigger than EUR3.5 billion deficit predicted by economists. A year ago, Italy had a deficit of EUR3.9 
