Luxembourg News

Copper declined in New York, paring a fifth weekly advance, as European finance ministers held back a rescue package for Greece, fueling concerns that Europe's sovereign-debt crisis may curb global economic growth.

Oil fell from the highest level in three weeks, trimming a weekly advance, as concern that Europe's debt crisis will worsen and curb global commodity demand countered signs of an economic recovery in the U.S. West Texas Intermediate futures declined as much as 0.7 percent, snapping the longest run of gains since December.

Hours after Greece's ruling coalition announced Thursday that it had concluded an 11th-hour agreement on new austerity measures in an effort to satisfy foreign lenders, it seemed that everyone - from creditors abroad to political allies back home - was turning on the Greek leadership.

Mohamed El-Erian, chief executive officer and co-chief investment officer of Pacific Investment Management Co.

A man begs at a pedestrian crossing at Athens' main Syntagma square, on Tuesday, Feb.

The 2012 Treipenfest was Jan. 30 at Ginny's Supper Club in Rollingstone. The annual meal, served in two sittings, involved dozens of volunteers performing tasks ranging from arranging posters to peeling carrots.

Luxembourg Prime Minister Jean-Claude Juncker, who chairs meetings of euro zone finance ministers, said he would decide later on Wednesday whether to call finance ministers together on Thursday to discuss Greece's rescue package.

Eurogroup chief Jean-Claude Juncker lent support to a Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive debt.

European leaders pressured Greece to cut a deal on Monday for a second international rescue package by agreeing to more painful reforms, warning that failure to act may lead to a debt default that could drive the country out of the euro zone.

Swiss central bank interim Chairman Thomas Jordan's resolve to defend its franc cap is being tested as discussions on Greece's debt burden persist, said analysts from Royal Bank of Scotland Group Plc to Standard Bank Plc.

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European services and factory output strengthened in January, led by growth in Germany and France, as the region's leaders sought a solution to the debt crisis.

Who needs Ten Commandments when modern theologians agree you can satisfy all of your daily moral and spiritual needs with just seven and a half things? Here they are: Thing One: Jobs Friday: Today is Econo-Nerd Christmas, which unlike normal Christmas comes once every month.

European services and factory output strengthened in January, led by growth in Germany and France , as the region's leaders work to find a solution to the debt crisis.

It provides a range of private banking products and services primarily in Belgium and Central and Western Europe.

Swiss central bank interim Chairman Thomas Jordan's resolve to defend its franc cap is being tested as discussions on Greece's debt burden persist, said analysts from Royal Bank of Scotland Group Plc to Standard Bank Plc.

Lou Reed is set to embark on a summer European tour called "From VU to Lulu ," which we're guessing means he'll cover the span of his career leading up to one of last year's roughest albums .

Euro zone finance ministers aim to agree a second financing package for Greece on Monday, a decision they hope will boost market confidence in euro zone public finances and help contain the two-year-old sovereign debt crisis.

Luxembourg's Prime Minister and President of the Eurogroup Jean-Claude Juncker has recently underlined his support for and confidence in the new so-called 'fiscal compact', a treaty on stability and convergence in the Economic and Monetary Union endorsed by 25 of the 27 European Union member states during a summit meeting in Brussels.

It produces beverages like lemonade, fruit-flavored soft drink and sparkling mineral water.