The Press Release Resource

European finance ministers are piling up the pressure on Greece to fully implement budget cuts in order to avoid having to deliver on its pledge to support Athens. Tortola Capital Ventures analysts report that European leaders released a statement on Thursday saying Greece had to do everything it could to reduce its budget gap of …

Budget deficits in Greece and Portugal caused the euro to fall for the fourth straight day, as investors eying the currency shy away from buying the regions increasingly instable assets, say Tortola Capital analysts. The 16-nation currency approached an 11-month low against the yen as concern about sovereign risk remained elevated even as Group-of-Seven finance …