iOS app Android app

Eu Debt Crisis

Ensuring Scottish Sovereignty: Exploring the Public Bank Option

Ellen Brown | Posted 02.06.2013 | Business
Ellen Brown

Perhaps the Scots will blaze a trail for economic sovereignty in the EU, just as the North Dakotans did in the U.S.

Markets Still Wary After EU Deal

Posted 12.12.2011 | Business

A European summit deal to strengthen budget discipline in the euro zone failed to restore financial market confidence on Monday, forcing the European ...

Never Again, Not Even One Bit!

Alexander Goerlach | Posted 12.25.2011 | World
Alexander Goerlach

Europe does not require a new narrative. The only task in front of us is the defense of "never again." Our historical vision must expand to include another pastime of European states: debt-financed budgets.

EU: Taxing Financial Transactions Would Raise Billions

Posted 11.28.2011 | Business

STRASBOURG, France, Sept 28 (Reuters) - The European Union's executive proposed a bloc-wide tax on financial transactions that would set a rate of 0.1...

EU Crisis Could Infect U.S., Fed Official Warns

Posted 07.24.2011 | Business

FARMINGTON, Missouri (By Mark Felsenthal) - Turmoil over sovereign debt problems in Europe could weigh on the U.S. economic recovery, St. Louis Federa...

Officials Agree On Huge Portugal Bailout Package

Posted 07.16.2011 | Business

BRUSSELS (AP, By Gabriele Steinhauser) -- European finance ministers on Monday signed off on euro 78 billion ($110 billion) in rescue loans to Portuga...

Greece Debt Restructuring Would Be A Disaster, Officials Warn

Posted 07.03.2011 | Business

ATHENS/LISBON (By George Georgiopoulos and Andrei Khalip) - Greece insisted on Tuesday any restructuring of its debts would be a disaster for the econ...

Germany, France Reveal Plan To Boost Euro

nytimes.com | STEPHEN CASTLE | Posted 05.25.2011 | Business

BRUSSELS -- Initiating a bold effort to strengthen the euro, Germany and France on Friday laid down far-reaching plans to deepen integration among the...

EU Debt Crisis Is 'Systemic,' According To Official's Warning

Posted 05.25.2011 | Business

BRUSSELS/BERLIN (By Jan Strupczewski and Erik Kirschbaum): European Union leaders will be warned on Thursday that a rolling debt crisis poses a system...

Ireland Passes Bailout Package, Despite Opposition To Cuts

Posted 05.25.2011 | Business

DUBLIN (By Carmel Crimmins): Ireland's parliament approved a multi-billion euro EU/IMF bailout package on Wednesday in the face of opposition threats ...

EU Denies Pushing Portugal Towards A Bailout

Posted 05.25.2011 | Business

BERLIN/LISBON: European officials denied "absolutely false" reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needin...

Euro Crisis: EU About To Experience An American-Style Credit Crunch

McClatchy | Kevin G. Hall | Posted 05.25.2011 | Business

Q: Isn't this reminiscent of the turbulent fall of 2008? A: Yes. The fear gripping Europe is leading to a rise in short-term lending rates, and tha...

Global Economy: Continuing Recovery But Clouds on the Horizon

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

How Europe deals with fiscal and financial problems, how advanced countries proceed with fiscal consolidation, and how emerging countries rebalance their economies going forward will determine if we see recovery or stagnation.

European Debt Crisis Looms As Markets React To Greek Debt Woes

Posted 05.25.2011 | Business

BERLIN (BY JUERGEN BAETZ, Associated Press) - Europe's debt crisis flared again Wednesday as Spain saw its credit rating lowered, just as Germany soug...