Today: EUROZONE Crisis News, May 20, 2013

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May 20, 2013

EUROZONE Crisis News, May 20, 2013

Why The Euro Could Tank As The Eurozone Crisis Comes To An End Business Insider
The Eurozone still faces a gigantic economic crisis, but the decline in Greek bond yields should serve as a clear indicator that the acute sovereign debt/financial crisis part of this is over. Katie Martin at WSJ has a great post up about a new ...
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Latvia Determined to Join Euro in 2014

Wall Street Journal
Latvia, which responded to the global financial crisis in 2008 with severe cost-cutting, has become something of a political football in the euro-zone's continuing debate over using fiscal austerity to tackle the region's debt crisis. Supporters of ...
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The euro zone's financial set-up doesn't look very democratic

The Economist
Caveat voter. The euro zone's financial set-up doesn't look very democratic. May 18th 2013 |From the print edition · Tweet. ALMOST six years have elapsed since the start of the financial crisis. ... They offered limited bail-outs, but never really ...
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Euro zone set for longest recession

Independent Online
EURO zone data out this week will probably reveal economic scars of the sovereign debt crisis, confirming that the region is now suffering the longest recession since the single currency's creation. Gross domestic product (GDP) in the 17-nation economy ...
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Europe's financial woes

Washington Post
Europe's financial woes. The euro zone has been in recession for six quarters, longer than the region's slump during the financial crisis. Nine of the 17 countries that use the euro are in recession, according to Eurostat, the European Union's ...
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There is no sovereign debt crisis in Europe

Reuters Blogs (blog)
To understand why this is happening, Brown University professor Mark Blyth says it is necessary to forget everything you think you know about the euro zone crisis. The monetary union's troubles are not, as often depicted, the result of runaway spending ...
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Euro Zone Recovery Remains Elusive

Wall Street Journal
The 17-nation euro zone, which accounts for 17% of world GDP, remains the weakest link in the global economy, mired well below its level of economic activity before the 2008 financial crisis. Social strains, political paralysis and rising debt burdens ...
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Eurozone recession is now longest in currency bloc

Boston.com
... in the financial crisis of 2008-2009. The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, with France a notable addition to the list. Overall, the eurozone's economy ... Despite ...
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Eurozone recession extends into 6th quarter

Economic Times
PARIS: The recession across the economy of the 17 European Union countries that use the euroextended into its sixth quarter _ longer than the calamitous slump that hit the region in the financial crisisof 2008-9. Eurostat, the EU's statistics office ...
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Euro zone economy shrinks again in first quarter

RTE.ie
The recession across the euro zone economy extended into its sixth quarter - longer than the slump that hit the euro area during the financial crisis of 2008-2009. Eurostat, the EU's statistics office, said today that nine ... While that was an ...
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