Europe sceptical about US stimulus plan
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EU governments openly voiced doubts on Tuesday that a US stimulus plan would avert recession in the world's biggest economy as stock markets suffered a second day of heavy losses.
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G-7 approves debt relief, but British 'Marshall Plan' for poor countries faces US skepticism.
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The US is in an exceptionally difficult situation, with the economy on the brink of recession and limited scope for policymakers to ride to the rescue.
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A British economist calls for urgent, sweeping action. Some Americans call him alarmist. Who is right?
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Sluggish growth in the eurozone is holding back the global economy, according to the US Treasury Secretary John Snow. Speaking during a visit to Dublin, he said the zone was growing at &quot;below its potential
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One can't allow in Europe that some countries say 'we're sufficiently rich to lower our taxes' -- to as low as zero in some cases -- but at the same time ask the countries of old Europe to pay structural funds ...
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Alan Greenspan's suggestions offered little relief to those in Europe who worry that the U.S. is seeking to gain an advantage for its industries from a weaker currency.
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Public views of the national economy are now more negative than at any point in nearly 15 years, and few people believe that the kind of stimulus plan being devised by President Bush and Congress is enough to stave off or soften a recession, according to a new Washington Post-ABC News poll.
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The sharp fall of the dollar against the euro could spur European companies to step up their acquisitions in the United States, but analysts say European buyers could face constraints in certain sectors.
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A likely soft landing for the U.S. economy will not dent the recovery that is gathering pace in Europe, the OECD said Tuesday, raising its growth forecast for the 12 nations that use the euro while cutting predictions for the United States to reflect a housing-led slowdown.
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Skeptical economists and a worried public question whether the rebates for more than 130 million Americans and tax breaks for businesses will be quick enough or effective enough to avert a recession
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A study finds that Europeans are less interested in being their own boss than Americans, with more Europeans anxious about bankruptcy.
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US Federal Reserve Chairman Alan Greenspan appeared to be sceptical about the efficacy of any central bank intervention to prop up the dollar.
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A poll of investor confidence in Germany underscored fears Tuesday that shock waves from the US subprime mortgage crisis could ripple throughout the eurozone&#39;s biggest economy.
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European officials, blaming US deficits for a surge in the euro, are unlikely to persuade Treasury Secretary John Snow to help support the dollar when the Group of 20 finance ministers and central bankers meet in Berlin.
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Bush's plan this week to restructure US forces in Europe is stirring up a mix of worry, nostalgia, and hope.
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A key element of the stimulus package  aimed at jump-starting the ailing U.S. housing market may have  the unintended consequence of raising mortgage rates, said  analysts studying the plan.