Mylan Inc. , the biggest U.S. maker of generic drugs, is marketing $1 billion of notes as companies postpone debt sales amid Greece’s fiscal crisis.
The European Union’s eastern members, once united in their opposition to Soviet rule, are now split over how to respond to Vladimir Putin’s Ukrainian incursion.
Greece’s credit rating may be hit by a “multi-notch” downgrade by Moody’s Investors Service if the government doesn’t cut the budget deficit enough or the European Union fails to agree a united response to its crisis.
Germany and France said the European Union won’t rush to impose economic sanctions on Russia for the annexation of Crimea, as the U.S. stepped up its measures against the Kremlin and its allies.
Andrej Kiska, the philanthropist and founder of two consumer-credit companies sworn in as the Slovak president today, pledged to focus on reducing inequality in the euro-area member’s economy.
A majority of Crimeans chose to join Russia in a disputed referendum, exit polls showed, deepening the worst crisis between Russia and the West since the end of the Cold War.
German Chancellor Angela Merkel stepped up her support for a trans-Atlantic trade deal one day after saying that Europe shouldn’t fear the cost of imposing economic sanctions on Russia.
Spanish Economy Minister Luis de Guindos said euro-area finance ministers meeting in Brussels must deliver a united response on Greece to prevent the region’s debt crisis from engulfing Spain.