 Economic Times The European nations' debt crisis is serious due to a fundamental flaw in the formation of theEuropean Union (EU). The EU is a political and currency union while on the fiscal side the countries remain separate. Among member countries, there are ... See all stories on this topic » | ||
| A Small Country — Finland — Casts Doubt on Aid for Greece New York Times ... that is preventing Greece from defaulting on its debt. Finland is the most vivid example of the way domestic politics can become Continental problems, threatening the unity of the 17 euro zonemembers as they face their deepest crisis ever. ... See all stories on this topic » | ||
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| ECB's Trichet: Advanced Economies' Crisis a 'Formidable Challenge' Wall Street Journal (blog) Many believe the half-measures taken by European policy makers could lead the debt situation in the euro zone to become a full-blow banking crisis. European banks in solid economies like France and Germany are vulnerable because they hold sovereign ... See all stories on this topic » | ||
| Merkel Rejects Collateral Deals Wall Street Journal Despite her backing of collateral demands, which so far have received support mostly from Euroskeptic governments, Ms. von der Leyen's medicine against the euro-zone debt crisis is to strive for a much closer political union in Europe in financial, ... See all stories on this topic » | ||
| Analysis: Economic leaders fear policy paralysis Reuters In Europe, leaders are fighting over who should pay for the sovereign debt crisis in the euro zone, which has a unified regime for monetary policy but whose member nations run their own budget policies. Lagarde, whose appearance on Saturday was a late ... See all stories on this topic » | ||
| Thomas Freidman Spews Nonsense with Hurricane Force Business Insider The story of the debt crisis of these countries is primarily the story of the inept monetary and financial policy run by the European Central Bank (ECB) in the years leading up to the crisis. They opted to ignore the imbalances created by housing ... See all stories on this topic » | ||
| How to Turn a Continent Into a Subprime CDO truthout The European sovereign debt crisis is little more than a huge 'bait and switch' perpetrated on the publics of Europe, by their governments, on behalf of their banks. We need to remember that what we refer to today as the 'European Sovereign Debt ... See all stories on this topic » | ||
| Spain's parties sign deficit deal Mail & Guardian Online Spain's ruling and opposition parties bridged bitter rivalry and struck a deal on Friday to cap the long-term public deficit and fend off fears of a state debt crisis. The ruling Socialist and conservative opposition Popular Party set a maximum ... See all stories on this topic » | ||
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| Can Gaddafi's downfall boost the euro? Malta Independent Online What is more, Brussels should be more active because a meltdown of the eurozone as a whole would be unbelievably scary and expensive. The crisis affecting the 17 countries that use the eurohas created a political vacuum at the heart of Europe, ... See all stories on this topic » | ||
| Dealing With These Uncertain Economic Times Credit Union Times Real sovereign debt crises at a number of European countries threaten another banking crisis inEurope. Standard & Poor's downgraded the US long-term credit rating. Wild gyrations in the stock markets were accompanied by a record low rate on the ... See all stories on this topic » | ||
| Counting Down To A Global Meltdown Seeking Alpha As I wrote about in a recent article about the sovereign debt crisis, if the dominoes begin to tumble in Europe it is going to take everybody down. The big banks in Europe are leveraged to the hilt, and they are massively exposed to government debt. ... See all stories on this topic » | ||
| Global factors leading to market volatility Economic Times The sovereign debt crisis has exposed many issues with having a single currency across various countries in the European region. The diverse political systems and regional issues are coming in the way of implementing strong austerity measures to ... See all stories on this topic » | ||
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| I apologize to Michael Lewis. Toronto Star Blogs (blog) The key thing is that since 2009 Lewis has published four brilliant articles in Vanity Fair on the globaldebt crisis as it affects Europe specifically. They are the kind of long-form journalism that the MSM increasingly shuns in favor of superficial ... See all stories on this topic » | ||
| Eurobank, Alpha Bank to swap shares for merger: source Reuters FTATBNK has fallen more than 55 percent since the beginning of the year and more than 76 percent since the start of 2010, when the debt crisis that forced Athens to seek an EU/IMF bailout erupted, sending shockwaves throughout the euro zone and global ... See all stories on this topic » | ||
| Central Bank alone in its optimism Malta Independent Online Such risks emanate from uncertainty about the underlying strength of the global recovery, fragility of foreign financial markets and from the ongoing sovereign debt crisis in the eurozone that could trigger further austerity measures. ... See all stories on this topic » | ||
| Europe's small steps and giant leaps Today's Zaman Until this summer, the sovereign-debt crisis was confined to three small countries – Greece, Ireland and Portugal. Spain had succeeded in limiting the spread between its interest rates and those of Germany to about two percentage points. ... See all stories on this topic » | ||
| Merkel vulnerable as euro, Libya backlash builds Vision Insights and New Horizons But it is Merkel's piecemeal approach to the euro zone's worsening debt crisis that has come under fire over the past week and now threatens her iron grip on power in Germany. For some in Germany, she has gone too far by bailing out stricken euro zone ... See all stories on this topic » | ||
| It's The End Of The World Business Insider Factor in slower growth and higher unemployment and two recessions by the end of the decade (typical for the aftermath of a banking/debt crisis), and see what those deficit projections look like. Given the large amount of data coming next week, ... See all stories on this topic » |
| NewsDaily: Analysis: Merkel vulnerable as euro and Libya backlash ... By Noah Barkin and Erik Kirschbaum NewsDaily: Your best source for breaking news ... But it is Merkel's piecemeal approach to the euro zone's worsening debt crisis that has come under fire over the past week and now threatens her iron grip on power in Germany. ... Now that support is crumbling too, wiping away some more of the magic that she exuded in her first years in office, when she was celebrated in Germany and abroad as the "Gipfelkoenigen" -- or Summit Queen -- for brokering deals with in the EU and G8. ... NewsDaily: Top Headlines |
| Analysis: Merkel vulnerable as euro and Libya backlash builds ... By Editor - Business News But it is Merkel's piecemeal approach to the euro zone's worsening debt crisis that has come under fire over the past week and now threatens her iron grip on power in Germany. For some in Germany, she has gone too far by bailing out ... Rocket News |
| Eurozone crisis over in two to three years: EFSF chief | AAJ News By AFP aaj-latest-news. Lyari operation ends, 3 dozen people detained space ... The head of the European Financial Stability Facility (EFSF), Klaus Regling, believes the eurozone will overcome its currentdebt crisis by 2014. “One can justifiably ... AAJ News |
| Eurozone seen recovering before US - The Local The eurozone is in better shape than the United States and will overcome its current debt crisis by 2014, according to the German head of the European Financial Stability Facility (EFSF). Obama, Merkel agree to boost global economy (28 Aug ... The Local - Germany's news in English |
| NewsDaily: Analysis: Economic leaders fear policy paralysis By Ann Saphir and Mark Felsenthal In Europe, leaders are fighting over who should pay for the sovereign debt crisis in the euro zone, which has a unified regime for monetary policy but whose member nations run their own budget policies. PHONE CALLS, SPEECHES. Lagarde ... NewsDaily: Business Headlines |
| Affected by the debt crisis in Europe the euro zone ... - Forex News latest ECB data released Wednesday show that, due to reduced commodity trade surplus, the euro zone current account deficit increased 6. www.forex-news.co/affected-by-the-debt-crisis-in-europe-the-... |
