 New York Times By JACK EWING FRANKFURT — Europe's sovereign debt crisis threatened to spill over into the broader economy as official figures released Tuesday showed that growth in the euro zone fell to its lowest rate in two years. ... See all stories on this topic » | ||
| Dutch PM seeks tough sanctions to stop euro crisis Reuters By Gilbert Kreijger THE HAGUE (Reuters) - The Dutch prime minister called for tougher sanctions oneuro zone members in financial trouble to stem the region's debt crisis, rather than raising the size of the bailout fund or issuing joint euro bonds. ... See all stories on this topic » | ||
| Eurozone bank buys record €22bn in bonds to contain euro crisis EUobserver.com By Honor Mahony The European Central Bank last week spent a record €22bn buying euro-zonegovernment bonds in a bid to prevent the eurozone debt crisis spreading, a move that is likely to fuel debate on the creation of eurobonds. ... See all stories on this topic » | ||
| US, EU debt crisis escalates in the face of political gridlock Deutsche Welle In Europe, a debt crisis that began in the peripheral states of Greece, Ireland and Portugal has spread dangerously close to core countries such as Italy and Spain, the eurozone's fourth and fifth largest economies respectively, placing the very future ... See all stories on this topic » | ||
| Confidence rapidly collapses amid euro debt crisis gulfnews.com The European Union (EU) sovereign debt funding crisis is still the biggest risk for investors in August, with 60 per cent saying it is the number one tail risk, down only marginally from 64 per cent last month. The second-most widely picked option is ... See all stories on this topic » | ||
| The Eurozone's fatal flaw Troy Media Corporation As EU leaders scramble to contain the sovereign debt crisis now strangling over 40 per cent of theEuro-zone economy, it looks like the takers have pretty much exhausted the capacity of the givers. In fact, handing over bailout cash has become ... See all stories on this topic » | ||
| European shares snap 3-day rise on growth worries Reuters Germany, Europe's largest economy, grew 0.1 percent in the second quarter, while euro zonegrowth slowed to 0.2 percent. "(This indicates) that the impact of the ongoing sovereign debt crisison confidence and financial austerity measures are ... See all stories on this topic » | ||
| Estonia Growth to Be 'Smaller' Wall Street Journal In January, Estonia abandoned the kroon as its official currency, adopting the euro in the midst of adebt crisis that has thrown the currency union into doubt. Estonia's fiscal situation will allow public finances to weather a slowing economy better ... See all stories on this topic » | ||
| AM Kitco Metals Roundup: Comex Gold Solidly Higher Following Weak Euro Zone ... Forbes Now, the market place awaits the results of a meeting Tuesday between French President Nicolas Sarkozy and German Chancellor Angela Merkel, who are discussing what to do about the European Union debt crisis. The EU debt saga drags on with no end in ... See all stories on this topic » | ||
| US SMALL/MIDCAPS-Energy biggest loser as euro zone woes persist Reuters In the meeting, the leaders said they had planned a tax on financial transactions and closer joint governance of economic policy to stop the debt crisis. But they did not propose increasing the euro-zone bailout fund or selling euro-zone bonds. ... See all stories on this topic » | ||
| ||
| US STOCKS-Wall St slips as weak German data renews concerns Reuters By Caroline Valetkevitch NEW YORK, Aug 16 (Reuters) - US stocks fell on Tuesday after three days of gains as weak German growth data renewed concerns about the euro zone debt crisis and the global economy. The Dow average got some support after two ... See all stories on this topic » | ||
| TSX headed for triple-digit loss on EU worries CTV.ca The European slowdown is more downbeat news for the global economy, following disappointing second-quarter growth in the United States, and could make the continent's government debt crisisharder to deal with. Statistics Canada reported that ... See all stories on this topic » | ||
| U.S. Stock Futures Slide After German Economy Almost Stalled Last Quarter Bloomberg Photographer: Jin Lee/Bloomberg US stocks fell, following the biggest three-day rally since 2009, as German and French leaders proposed a financial-transaction tax and rejected selling euro bonds to halt a debt crisis threatening economic growth. ... See all stories on this topic » | ||
| ||
| Brazil Stocks Open Lower As Europe Concerns Fuel Risk Aversion Wall Street Journal RIO DE JANEIRO (Dow Jones)--Brazilian stocks slumped in early trading Tuesday as fresh concerns over the European debt crisis boosted risk aversion and reduced some of the gains from the positive performance of the last two trading sessions. ... See all stories on this topic » | ||
| Dutch PM: Sanctions, Not Euro Bonds, Should Get Priority Wall Street Journal Rutte said it is "very unwise" to speculate on proposals that are considered by some experts as essential to quell the debt-crisis in the euro zone. These proposals include giving the currency area's rescue fund more firepower and issuing joint ... See all stories on this topic » | ||
| Germany's GDP Hits U.S. Stocks: Morning Call TheStreet.com The disappointing economic data comes ahead of today's meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy to discuss the Eurozone debt crisis. The Stoxx Europe 600 index fell in early trading, down over 1% as the cost ... See all stories on this topic » | ||
| Swiss Franc Slides Ahead Of Decision By Switzerland Wall Street Journal Mounting fears of a worldwide recession, a wrenching debt crisis in Europe and the US's economic and fiscal travails sent the franc to record highs against virtually every major counterpart just a week ago. Along with gold, the Japanese yen and to a ... See all stories on this topic » | ||
| Difficult for euro to survive without eurobonds:Stiglitz Reuters Stiglitz, on the BBC's Newsnight programme, said the lack of fiscal room in the eurozone countries worst affected by the sovereign debt crisis will intensify the problem, unless a solution is found. "Unless some framework like European bonds are ... See all stories on this topic » | ||
| European economy hits a wall CNNMoney By Ben Rooney @CNNMoney August 16, 2011: 8:24 AM ET NEW YORK (CNNMoney) -- Europe, already strained by a deep debt crisis and spiraling financial markets, has succumbed to the global economic malaise. Gross domestic product for the 27 nations that are ... See all stories on this topic » | ||
| Some German conservatives want Eurobond debate: report Reuters The comments, published in Handelsblatt business daily on Tuesday, add to pressure on Merkel to consider bolder crisis steps on the day she meets French President Nicolas Sarkozy in Paris to discuss ways to resolve the euro zone debt crisis. ... See all stories on this topic » | ||
| Forex - Euro-Zone Q2 GDP Disappoints FXstreet.com Stock markets had looked like they were about to tip over the cliff and the remarkable return should be credit to policymakers on both sides of the Atlantic, who are more engaged in the debt problems than before. The European debt crisis remains a ... See all stories on this topic » | ||
| Rally fades after weak German GDP data Moneycontrol.com Risk asset markets are slipping back as investors appear reluctant to stretch the rebound of the past few sessions, with many waiting on the outcome of the Franco-German summit on the eurozone debt crisis before committing fresh capital. ... See all stories on this topic » | ||
| Faltering Europe Fuels Gold Price Fires TheStreet.com The news comes as Chancellor Merkel meets with French President Sarkozy to try to hammer out a solution to the almost two-year old debt crisis. "They keep going into a room and coming out with another plan to save the euro," says Chuck Butler, ... See all stories on this topic » | ||
| Analysis: German banks seen safe haven amid slowdown Reuters French banks were hit hardest, with markets viewing the country as the next weakest link inEurope's spiralling debt crisis after three countries -- Greece, Ireland and Portugal -- needed bail-outs from the international community. ... See all stories on this topic » | ||
| ||
| Sarkozy and Merkel push euro integration Buenos Aires Herald US stocks dropped more than 1 percent and the euro slid as the proposals failed to ease worries about a debt crisis markets fear is spreading to the euro zone's core. Traders had hoped for signals that the issuance of common euro bonds, or an increase ... See all stories on this topic » | ||
| GLOBAL MARKETS: European Stocks Seen Tentatively Higher Wall Street Journal ... ahead of a meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel to discuss the European debt crisis. Markets are waiting to see whether Sarkozy and Merkel will agree a plan to bolster confidence in the euro zone. ... See all stories on this topic » | ||
| Spain Sticks to Growth Goal Despite Poor Data Wall Street Journal ... Spain's statistics institute said the euro zone's fourth-largest economy expanded 0.7% in the second quarter from a year earlier, a slowdown from growth of 0.8% in the first quarter, as it suffered the effects of a deepening sovereign debt crisis. ... See all stories on this topic » | ||
| MARKET COMMENT: Most European stocks end down Wall Street Journal French President Nicolas Sarkozy was due to meet German Chancellor Angela Merkel in Paris Tuesday to discuss the European debt crisis, although the possibility of member countries jointly issuing euro-zone bonds is off the agenda, according to reports. ... See all stories on this topic » | ||
| Treasurys extend gains after Europe leaders speak MarketWatch “Yields reversed lower after initially popping on the Franco-German summit proposals for closer integration as a solution to the deepening crisis,” said analysts at Action Economics. In earlier activity, surprisingly weak German economic figures showed ... See all stories on this topic » | ||
| ||
| CANADA STOCKS-TSX may open lower on global growth fears Reuters European shares fell; after Germany posted much weaker growth than expected and investors lost confidence that a meeting to discuss the euro zone sovereign debt crisis would bring significant change. [.EU] * Asian stocks fell while the Nikkei edged up ... See all stories on this topic » | ||
| UPI NewsTrack Business UPI.com That news came as a curtain-raiser for the big meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy to discuss the European debt crisis that is now eyeing Italy and Spain. Eurozone's growth also slowed in the latest ... See all stories on this topic » |
| Sarkozy and Merkel discuss euro debt crisis - Germany's news in ... Merkel and Sarkozy lead the eurozone's two biggest economies, but are split over how to address the crisis, with Berlin opposed to any move that would see its taxpayers underwriting its eurozonepartners' debt. ... The Local - Germany's news in English |
| Sarkozy and Merkel in euro crisis talks - MWC News By mwcnews@gmail.com (Agencies) The leaders of France and Germany, the eurozone's two biggest economies, are set to meet in Paris to discuss the debt crisis that is threatening the future of the currency union. French President Nicolas Sarkozy and German Chancellor ... MWC News |
| Growth in Euro zone stalls, slowing debt crisis solution Santa ... By SBNN Growth in Euro zone stalls, slowing debt crisis solution. FRANKFURT — Economic growth in theeuro area fell more than expected in the three months through June, according to official figures released Tuesday, as growth in Germany came almost to a ... All of Europe's main stock indexes lost ground after the data confirmed fears that government austerity programs are taking their toll on the European economy, undercutting efforts to contain the sovereign debt crisis. ... Santa Barbara News Network |
| Merkel, Sarkozy to try to tame debt crisis - San Francisco Examiner By The Associated Press Europe's sagging growth prospects complicate the debt crisis, because slower growth makes it even harder for governments to shrink debt. Less growth in Germany and France — the two economic heavyweights of the eurozone — makes it harder ... Examiner AP RSS |
| Merkel, Sarkozy to try to tame debt crisis KLAS-TV Channel 8 News NOW Las Vegas. Local News, Weather, Traffic, Sports, Entertainment for Las Vegas. ... PARIS (AP) - The leaders of Germany and France are discussing Tuesday how to get the eurozone's 17 countries to work closer together to address Europe's debt crisis as further evidence emerged of a marked economic slowdown. The meeting in Paris comes after a week of turmoil in financial markets, largely blamed on Europe's sprawling government debts and worries that... Las Vegas News from 8NewsNow.com |
| NewsDaily: Selloff raises stakes in Sarkozy-Merkel euro zone talks By Leigh Thomas and Yann Le Guernigou NewsDaily: Your best source for breaking news ... Italian Economy Minister Giulio Tremonti said Saturday that eurobonds would be the best solution to Europe's debt crisis, and some economists say that the euro zone will inevitably come around to accepting the idea. "EURO ZONECOLLAPSE". French economist Jacques Delpla, who co-authored a paper proposing how eurobondscould work, said the euro zone faced collapse unless leaders went beyond an agreement reached at a July 21 ... NewsDaily: Business Headlines |
| Hopes fade for Spain's survival in eurozone — RT By RT The European Central Bank has disclosed details of its emergency operation to save Italy and Spain from the debt crisis, revealing that it spent a record € 22 billion on government bonds. ... Eurozonedream crumbling. Drastic spending cuts are on the way in Italy as parliament desperately tries to fend off a spiraling debt crisis. It seems the fairytale dream of a unified euro has met with harsh reality, .... Photo from ridus-news.livejournal.com Today: 09:46 ... News RSS : Today |
| Merkel, Sarkozy to try to tame debt crisis | Stock Market News ... By Editor - Finance Top Stories PARIS (AP) — The leaders of Germany and France are discussing Tuesday how to get theeurozone's 17 countries to work closer together to address Europe's debt crisis as further evidence emerged of a marked economic slowdown. ... Rocket News |
| The Eurozone at the crossroads » TripleCrisis By Daniela Schwarzer It is hardly three weeks ago that the political leaders of the Eurozone decided once more on seemingly far reaching measures to contain the spreading sovereign debt crisis. But within days, the intended effect faded away ... While the ECB has naturally not floated information on the volume of intended purchases of Italian and Spanish bonds, financial analysts estimate that several hundred billion euros will need to be spent. This strategy comes at a price for the European ... TripleCrisis |
| Merkel, Sarkozy to try to tame debt crisis - Washington Examiner By The Associated Press The leaders of France and Germany are pushing all 17 nations that use the euro to enshrine balanced budgets in their constitutions and want greater collective governance of the eurozone. ...Sarkozy and Merkel presented their proposals after meeting Tuesday in Paris amid signs of economic slowdown and after an exceptionally turbulent week on financial markets prompted by concern about Europe's financial health. MORE ON THESE TOPICS: Business · Economy · Financial crisis ... Examiner RSS |
| Merkel, Sarkozy to Try to Tame Debt Crisis - ABC News "The eurozone debt and banking crisis has yet to be properly resolved, ... told the German newsmagazine Der Spiegel that eurobonds were out of the question ... abcnews.go.com/Business/wireStory?id=14306737 |
| Merkel, Sarkozy to try to tame debt crisis - Fox 28: South Bend ... WATCH NOW: FOX News Sunday Clips ... how to get the eurozone's 17 countries to work closer together to address Europe's debt crisis as ... "The eurozone debt and banking crisis has yet to be properly resolved, and the future viability ... www.fox28.com/.../merkel-sarkozy-to-try-to-tame-debt-crisis |
| Debt Crisis in Europe: EU, Eurozone and Euro Set to Collapse ... Will it or won't it? Economists keep saying the euro and eurozone are going to collapse. ... Debt Crisis in Europe: EU, Eurozone and Euro Set to Collapse? ... www.associatedcontent.com/.../debt_crisis_in_europe_eu_euro... |
| Are Euro Bonds the Only Way To Resolve EU's Debt Crisis ... Are Euro Bonds the Only Way To Resolve EU's Debt Crisis? ... Google News Business (Today) -ReutersEuro-Area Economy Seen Almost StallingNew York TimesFRANKFURT — Growth in theeuro area ... VIDEO: Could eurobonds end eurozone crisis? ... thunderfeeds.com/.../are-euro-bonds-the-only-way-to-resolve-... |
| Merkel, Sarkozy meet to discuss measures to contain debt crisis ... Embattled euro zone. Listen to article ... euro bonds would be the best solution to Europe's debt crisis , and some economists say that the euro zone will ... www.eitb.com/.../merkel-sarkozy-meet-discuss-measures-conta... |
