Nervous trading in Tokyo sent the euro into an early nosedive on Monday morning, as fears of further debt crisis contagion and stalling growth crept across dealing rooms. Read the full story

Protestors tried to storm Greece’s parliament and hurled paving stones at police, who responded with tear gas Wednesday as tens of thousands of outraged Greeks took to the streets to protest harsh new spending cuts aimed at saving their country from bankruptcy. Read the full story

Goldman Sachs, the giant investment bank, is today at the centre of the row over the Greek government’s finances, amid recriminations over complex financial deals that allowed the eurozone nation to skirt its debt limits. Read the full story

The European single currency is facing an ‘inevitable break-up’ a leading French bank claimed yesterday. Strategists at Paris-based Société Générale said that any bailout of the stricken Greek economy would only provide ‘sticking plasters’ to cover the deep- seated flaws in the eurozone bloc. Read the full story

FINANCE ministers and officials from the G7 countries, meeting in Canada yesterday, insisted there would be a “European” solution to the problems affecting Greece, Portugal and Spain and no need for an IMF rescue. Read the full story

Greece will face the most stringent monitoring of any European Union country as it attempts to balance its finances over the next few years. The news came as the European Commission confirmed its support of Greece’s plans to reduce its deficit. Read the full story

Late last year, it became fashionable to predict the dollar’s demise. This year, however, shaky state finances within the European common currency zone have many worried about the future of the euro. Read the full story

Crude oil fell below $78 a barrel while copper, a proxy for Chinese growth, shed nearly 2 percent on fears that demand in China will slow as authorities tighten monetary policy. Read the full story

The ongoing global financial and economic crisis has, in our opinion, exacerbated an underlying loss of competitiveness in the Greek economy,” said the credit-rating agency. The country was placed on negative watch just days ago. Read the full story