Europe is on sale. Why the dollar-euro exchange rate is a win for Americans
The dollar has continued to strengthen against the euro, and for the first time in decades, the two currencies are worth about the same.
European Central Bank
New Greek Bailout Deal Looms
Greece and its creditors inch closer to a third bailout agreement. Negotiators hope to reach an accord by Tuesday.
Greece Says It Has Reached Bailout Agreement With Creditors
The deal in principal would provide for loans of 86 billion euros over three years in exchange for essentially an overhaul of Greece's economy. The accord still needs eurozone political approval.
Greece's Parliament Approves Austerity Measures
The agreement with the country's creditors passed with support from the opposition. The vote allows Greece to begin negotiations with its creditors on a third bailout.
When Rates Turn Negative, Banks Pay Customers To Borrow
European interest rates are being pushed so low — to less than zero — that some banks are paying borrowers to take loans. Such low rates are aimed at boosting Europe's economy, but there are risks.
ECB Unveils Massive Bond-Buying Stimulus Program For Eurozone
The European Central Bank chief said the bank will buy 60 billion euros' worth of bonds each month until either September 2016 or inflation reaches about 2 percent.