Pierre Moscovici

It has been a turbulent year for the eurozone after investors quickly lost faith in the continent's ability to stick together throughout Greece's budget crisis. However, the region proved naysayers wrong and made it through a period of severe instability. Now, many are beginning to regain some...

Could there finally be a light at the end of the tunnel? Signs are pointing toward the increasing likelihood of a deal between Greece and its eurozone creditors. Greek Prime Minister Alexis Tsipras met with the heads of the Troika – the European Commission, European Central Bank and...

The euro maintained its strength on Monday even as tension in Ukraine continued. The common currency traded at $1.3882 at 5:43 GMT, while Western officials condemned Russia's decision to take over the Crimean peninsula. Reuters reported that German Chancellor Angela Merkel criticized Russian...

Twitter’s shares rose 73 percent on the company’s first day on the market on Thursday. The highly anticipated IPO drove Twitter’s value up to $25 billion dollars and proved that many believe the social networking site is an indispensable part of the internet despite disappointing losses last...

A spate of positive data from the eurozone confirmed that the region has turned a corner and is emerging from its longest ever recession, but a few question marks still remain. Eurozone unemployment figures are unlikely to drop significantly in the near future as austerity programs designed to...

Moody's Monday downgraded the credit rating of French sovereign debt to Aa1 from AAA, or one notch, citing a worsened economic outlook with increased exposure to peripheral nations through trade and banking and rising debt-to-GDP levels. France was also kept on negative watch, meaning further...

U.S. equity futures were flat in early Tuesday trading as the last week of the August vacation season weighed on volumes. Oil prices were strong as Hurricane Isaac bears down on the gulf coast and has shut down 78 percent of gulf oil production. Also, Fitch Ratings' Riley stated in a Bloomberg...