“Who you gonna call?” wasn’t just a catchphrase in the 1984 film “Ghostbusters.” If the worst happens in Greece, Spain or Portugal, we’re going to hear it all over again, and Europe’s taxpayers will want to know the answer.
The European Union? The European Central Bank? Or the International Monetary Fund?
Senior officials, including ECB President Jean-Claude Trichet, [...]

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Worries about Greece, its problems far from solved, have temporarily been put to the side, as traders shift focus to the more mundane January retail sales report Friday.
January sales are expected to come in with a slight gain of 0.3 percent, compared to December’s 0.3 percent decline. Economists forecast that if autos are excluded, sales [...]

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Switzerland’s central bank was seen selling francs in Asian trading time on Friday, sending the euro leaping higher after it hit a 15-month low against the franc and helping it rise above an eight-month trough against the dollar.
The euro has been under relentless selling pressure in the past month on concerns about sovereign debt problems [...]

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NEW YORK – The dollar climbed to its highest level against the euro in nearly a month Tuesday, boosted by concerns about weak investor confidence in Germany and Greece’s debt crisis.
The European single currency fell to 1.4291 dollars at 2200 GMT from 1.4382 dollars late on Monday.
Earlier the euro sank to 1.4252 dollars, its lowest [...]

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The euro zone will not fall back into recession European Central Bank Governing Council member Ewald Nowotny said on Monday, while the ECB may, at some point, want to copy Fed plans to squeeze excess cash out of the banking system.
The ECB continues to stress the 16-country euro zone faces a bumpy road to recovery [...]

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Iceland’s president has told the BBC’s Newsnight it will pay its debt to the British and Dutch governments.
The country’s willingness to refund the money those governments paid to citizens who lost money in the banking crisis has come under question.
The president, Olafur Grimsson, stunned observers on Tuesday when he refused to sign off a bill [...]

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The European Union would not help bail out Greece if that country’s public debt problem continued to worsen, European Central Bank Executive Board member Juergen Stark was reported as saying on Wednesday.
“The markets are deluding themselves when they think at a certain point the other member states will put their hands on their wallets to [...]

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Greece is set to tell the European Commission how it aims to control its public finances and get its beleaguered economy back on track in 2010.
Its debt problems represent a major test of the euro in its 12th year, as markets wait to see how the 16-nation eurozone reacts to Greece’s problems.
Government debt ratings have [...]

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cnbc.com, 21 Oct 2009
The dollar slumped to a new 14-month low Wednesday, and it could continue floundering well into next year.
The green back was trading at $1.50 to the euro Wednesday, a key psychological milestone. It also fell to a level near 75 on the dollar index, well below its year high of 89.62 and [...]

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Oct. 19 (Bloomberg) — The dollar may rise against the euro amid speculation regional stocks will extend losses in the U.S., damping demand for higher-yielding assets.
The 16-nation currency may retreat from a 14-month high on concern European policymakers will discuss the euro’s recent strength when they meet today. The Australian and New Zealand dollars may [...]

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