750 Billion Euro Package EU Turns to 'Nuclear Option' to Halt Euro Speculation

The European Union has put together a massive 750 billion euro package in an attempt to stave off a severe lack of market confidence in the European common currency. Stock markets in Asia and Europe have reacted positively to the news.
Canary Wharf, the financial district in the city of London: The course of the euro rose significantly on news Monday of a massive European rescue package for the ailing common currency.

Canary Wharf, the financial district in the city of London: The course of the euro rose significantly on news Monday of a massive European rescue package for the ailing common currency.

Foto: JERRY LAMPEN/ REUTERS
cgh -- with wire reports