iOS app Android app

Euro Currency

Europe's Economic Crisis Now Moves Towards Political Crisis

Frank Vogl | Posted 06.04.2013 | World
Frank Vogl

Depositors in all economies in difficulty in Europe should now beware. It is in these countries, which already are in a deep economic slump where the political situation now seems most fraught.

The European Budgetary Pact

Salim Lamrani | Posted 12.14.2012 | World
Salim Lamrani

The Treaty on Stability, Coordination and Governance, which imposes austerity policies as the only possible standard, is doomed to failure and inevitably worsens the economic crisis in a Europe that is already in recession.

Spain On The Brink

Reuters | Posted 08.05.2012 | Business

* Treasury minister says risk premium shows Spain shut out * Says Spanish banks should get European capital boost ...

5 Essential Facts About the Greek Currency Crisis

Richard Barrington | Posted 07.30.2012 | Money
Richard Barrington

The latest wrinkle in the Greek financial crisis is a rush by its citizens to withdraw their savings from banks. This is both a symptom of the fear that Greece might leave the euro zone and a potential catalyst to force that exit.

The Myth of the Euro's Imminent Demise

Steve Kettmann | Posted 07.29.2012 | World
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.

Another Blow To Greece

AP | NICHOLAS PAPHITIS | Posted 07.17.2012 | Business

ATHENS, Greece — Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory on Thursday, warning of a "probable" Greek exit...

Euro Drops To Value Nice Seen Since January

AP | DAVID McHUGH and GABRIELE STEINHAUSER | Posted 02.13.2012 | Business

FRANKFURT, Germany — Investors have soured on the latest attempt to resolve the European debt crisis. Stocks tumbled around the world Wednesday...

EuroMess

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Germany's first-quarter results were so terrible they put the country in a grumpy mood. And it has been that grumpiness that has spooked markets more than anything.

Poland as Number One

Barry D. Wood | Posted 05.25.2011 | Business
Barry D. Wood

Poland is the Cinderella of the world economy. A ruin of decayed communism 20 years ago, it was the only European economy to register growth in 2009.