Euro Crisis

The Myth of the Euro's Imminent Demise

Steve Kettmann | Posted 05.29.2012

Steve Kettmann

Anyone reading the U.S. press last year would have assumed the Euro would be dead by now. It isn't. Here's guessing the Euro will survive the current crisis -- which would be good not just for Europeans but for the world.

PM: 'Greece Is On The Brink, The Survival Of The Euro In Question'

Reuters | Posted 05.18.2012

By Matt Falloon MANCHESTER, England, May 17 (Reuters) - Prime Minister David Cameron urged Europe's rulers on Thursday...

Aging Citizens Contribute to National Growth

Michael Hodin | Posted 05.14.2012

Michael Hodin

From Athens, Greece, to Madison, Wisconsin, the common theme today is said to be "austerity versus growth."

Europe At Risk Of Facing 'Lost Decade'

Reuters | Posted 05.10.2012

AMSTERDAM, May 10 (Reuters) - Europe is at risk of a Japanese-style "Lost Decade" of low economic growth, weak consumer spending, poor company inves...

New French President Focuses On Euro Crisis

AP | ANGELA CHARLTON | Posted 05.10.2012

PARIS — French President-elect Francois Hollande didn't wait to take office to press his agenda for digging Europe out of economic crisis: He me...

Post-Austerity Greece: The Rise of the Political Fringe

Daniel Wagner | Posted 05.09.2012

Daniel Wagner

The Greek election should be seen for what it is: a repudiation of the medicine Greece has been given over the past four years -- whether it deserved it or not -- with unintended and unforeseen consequences.

Greek Election Results Raise Chances Of Greek Exit

AP | ELENA BECATOROS | Posted 05.08.2012

ATHENS, Greece — Greece sank deeper into a political and financial morass on Monday as initial efforts to form a new coalition government failed...

Some Good News For Greece

Reuters | Posted 05.03.2012

ATHENS, May 2 (Reuters) - Standard & Poor's raised Greece's credit rating to low-speculative grade on Wednesday, lifting it out of default terri...

How EU Ideologues Destroyed the Hopes of a Generation

Rory Fitzgerald | Posted 05.01.2012

Rory Fitzgerald

The older generation, traumatised by war, have bequeathed to young Europeans a landscape of joblessness and economic chaos, within which extreme political ideologies are flourishing.

A French Spring and a New Enlightenment for Jobs and Justice

Brent Budowsky | Posted 04.30.2012

Brent Budowsky

The increasingly likely victory of Francois Hollande in the French presidential election would be the shot for economic justice and jobs that will be heard around the world.

The French Choice

Miles Jaffe | Posted 04.25.2012

Miles Jaffe

The election of Hollande would lead to a major change in German-French relations. The prospect of German-French discord in Europe offers at minimum good theatre.

'We're Back In Full Crisis Mode'

Reuters | Posted 04.17.2012

* Spanish 10-year yields top 6 percent, contagion fears rise * German 10-year Bund yields hit record lows ...

Why Tension Between World Leaders Is Mounting

Reuters | Posted 04.15.2012

By Lesley Wroughton WASHINGTON, April 13 (Reuters) - Tensions among some of the world's leading economies are on a boil over a plan to...

Eurozone Joblessness Hits Near 15-Year High

Reuters | Posted 06.02.2012

* Euro zone unemployment at 10.8 pct in February * EU Commission says data shows need for reform * Sharp divide between north and south ...

Another Reason Why The Greek Debt Stand Off May Be Heating Up

Reuters | Posted 05.08.2012

By Sarah White and Tommy Wilkes LONDON, March 8 (Reuters) - Some hedge funds have found a legal loophole they believe will force Greec...

Europe: We Promise To Be Good Next Time

Reuters | Posted 05.02.2012

By John O'Donnell BRUSSELS, March 2 (Reuters) - All but two European Union countries signed a treaty on tighter budget...

Surprise! S&P Downgrades Greece

AP | Posted 02.28.2012

WASHINGTON -- Standard & Poor's has downgraded Greece's credit rating to "selective default" because of steps the country took last week to force its ...

Eurozone Official: 'I Would Not Bet On A Positive Outcome' From Summit

Reuters | Posted 04.25.2012

* Germany unlikely to be ready to decide at March 1-2 summit * Euro zone may decide on combined bailout fund later in March ...

Big Bank Chief: Europe 'In The Worst Economic Crisis Since 1929'

Reuters | Posted 04.24.2012

* Credit Agricole makes record quarterly loss of 3.07 bln euros * RBS makes Q4 loss of nearly 2 bln pounds * Dexia says...

Recession Looking More And More Likely In Eurozone

Reuters | Posted 04.23.2012

...

You Won't Believe What The Spanish Economy Has Been Driven To

Reuters | Posted 04.21.2012

* Looming slump, soaring unemployment fuel barter trades * Websites offer cash-free exchange of goods, services * Proper...

Greece Told To Keep On Slashing

AP | By JUERGEN BAETZ | Posted 02.14.2012

BERLIN -- A new document from Greece's international creditors spells out what further austerity measures they expect Athens to implement to receive f...

Violent Protests Highlight Greece's Difficulty In Sticking To Bailout Deal

Reuters | Posted 04.13.2012

* Parliament passes unpopular package of cuts * Protests turn violent, buildings burn in Athens * Govt must clarify spen...

Greek Protests Continue As Lawmakers Debate Severe Austerity Measures

AP | By NICHOLAS PAPHITIS and DEREK GATOPOULOS | Posted 04.13.2012

ATHENS, Greece -- Greek lawmakers on Monday approved harsh new austerity measures demanded by bailout creditors to save the debt-crippled nation from ...

New EU Crack Down On Derivatives Sparks Concerns

Reuters | Posted 04.11.2012

* Derivatives industry sees more uncertainty over EU rules * Lawyers say many months before full picture known * ESMA, E...