EUROZONE Crisis News, Sep 18, 2011

Europe is facing the good, the bad and the ugly of 2008 once again Telegraph.co.uk Greece, Portugal and Ireland have each been rescued and, yet, at least the first two still look like they might be unable to avoid default. If so, the sovereign debt crisis could easily spill over to Spain and Italy. Even if a firebreak could be ... See all stories on this topic »

Europe on Brink of 1930's-Style Economic Catastrophe: Gordon Brown International Business Times Brown further warned that the 440-billion-euro European Financial Stability Facility (EFSF) bail-out fund will require "substantially more resources" to cope with the crisis. "People do not believe that Greece can pull through without a default," he ... See all stories on this topic » International Business Times

EU hammers out economic governance package Malta Independent Online by David Lindsay Malta yesterday welcomed the final economic governance package hammered out in Poland during a two-day informal meeting of the European Union's finance ministers, who sought to allay fears of a spiralling sovereign debt crisis and a ... See all stories on this topic »

Europe urgently needs common treasury Independent Online To resolve a crisis in which the impossible becomes possible it is necessary to think about the unthinkable. To start with, it is imperative to prepare for the possibility of default and defection from the euro zone in the case of Greece, Portugal and ... See all stories on this topic » Independent Online

Europe digs ever deeper debt hole Business Intelligence Middle East (press release) Europe is digging an ever-deeper hole as it vows to resolve the eurozone crisis, experts said Sunday as Greece prepares for a pivotal week of international debt diplomacy. Plagued by "parochialism, pettiness and procrastination," according to Sony ... See all stories on this topic » Business Intelligence Middle East (press release)

Debt crisis a historic challenge to European unity - seattlepi.com Fears of a sovereign default have already forced three countries — Greece, Portugal and Ireland — into multibillion euro bailouts and are now sending ripples though the global economy and world markets. Because the game is not only about the well-being of this generation or the ... on a crucial payout of bailout loan money to bankruptcy-threatened Greece. Juncker and other eurozone finance ministers were discussing Europe's financial crisis at an informal meeting in Wroclaw. ... Business Heds Index

WRAPUP 5-Geithner presses EU to act ... - Travel News Syndication By RicardoM Geithner urges euro zone to leverage bailout fund. * Austria's finance ... leverage their bailout fund to better tackle the debt crisis, but there was no ... problems infecting Greece, Portugal, Italy and other states, a senior euro zone official familiar with the discussion said. But ministers were resistant to Washington telling the 17-country euro zone and its finance chiefs what they should do. “He conveyed ... assistance to Portugal and Ireland was on track and on the need for Greece to stick ... Travel News Syndication

International alarm over euro zone crisis grows International alarm over Europe's debt crisis reached new heights on Tuesday, with ... to weigh their words carefully to avoid creating turmoil on financial markets . ... up weak euro zone countries after agreeing to bailouts of Greece, Ireland and ... monetary integration with more effective co-ordinated fiscal policy," the news ... m.ibtimes.com/international-alarm-europe-s-debt-crisis-u-s-pre...

EU toughens ... - News from the Associated Press | Wacotrib.com U.S. Treasury Secretary Timothy Geithner steps out of an informal meeting of European Union finance ministers who are discussing euro zone crisis and rescue ... hosted2.ap.org/.../id-865033a06c104c2f9a245821959da476

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