IMF approves 26 billion euro loan for Portugal
WASHINGTON (Reuters) - The International Monetary Fund on Friday approved a 26 billion euro (22.7 billion pound) loan for Portugal to help the country recover from a debilitating sovereign debt crisis, saying it would immediately disburse 6.1 billion euros to ease investor concerns over the euro zone member's debts.
Issues in Depth
Europe races to claim top job at IMF
BRUSSELS/WASHINGTON (Reuters) - European leaders raced on Friday to nominate a successor for fallen IMF chief Dominique Strauss-Kahn before a G8 summit next week, with French Economy Minister Christine Lagarde in pole position. | Video
European fund managers find U.S. tough nut to crack
LONDON (Reuters) - European fund managers hoping to break into the $26 trillion (16.01 trillion pound) U.S. market are finding their ambitions hampered by rising valuations and formidable local competitors such as BlackRock and Fidelity.
Setting the scene - 48 hours in Cannes
For more than 60 years this French Riviera city has hosted the Cannes film festival and the movie market that takes place with it. Reuters correspondents with local knowledge help visitors to Cannes get the most out of a short stay. Full Article
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