Euro at Risk of Falling to Bits Just Like Pieces of Eight
Those who rely upon currency must have faith that the institution that prints it has the wherewithal to meet all those promises. It is amazing, then, that the euro hasn't entirely evaporated.
Those who rely upon currency must have faith that the institution that prints it has the wherewithal to meet all those promises. It is amazing, then, that the euro hasn't entirely evaporated.
O'Brien Browne | Posted 05.12.2012
Is the German economic model remarkable successful? Undeniably. Is it suited for your culture? Certainly! All you have to do is become like them -- and pay the price of perfection.
Carlo Cottarelli | Posted 04.02.2012
Nearly all advanced economies plan to reduce their deficits this year. But if growth slows more than expected, some may feel inclined to preserve their short-term plans through additional tightening, even if hurts growth more.
Reuters | Posted 03.10.2012
By Douwe Miedema LONDON, Jan 9 (Reuters) - Blue-chip names like Johnson & Johnson, Pfizer and Peugeot are among firms bailing out...
AP | By SARAH DiLORENZO | Posted 12.30.2011
PARIS -- Just three years ago, the euro was being praised as the can-do currency that had delivered unprecedented prosperity in Europe. Now, it's wid...
Posted 12.27.2011
ATHENS (Reuters) - Greece's stores had their worst Christmas in decades, with retail sales dropping by 30 percent compared with the same period la...
Posted 12.24.2011
LONDON (Reuters) - Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the...
Posted 12.22.2011
LONDON (Reuters) - With governments laboring under too much debt and banks hobbled by too little capital, 2012 is shaping up as another year of ha...
The Huffington Post | Alexander Eichler | Posted 12.27.2011
The European sovereign debt crisis! It -- wait, come back. This is interesting, we promise. The debt crisis is one of the biggest stories of the year,...
AP | GABRIELE STEINHAUSER | Posted 02.18.2012
BRUSSELS — European Union finance ministers have come up euro50 billion ($65.19 billion) short of their goal of providing the International Mone...
Posted 12.18.2011
NEW YORK (Reuters) - With two weeks left in the trading year, the euro zone debt crisis will remain the primary impediment to pushing the S&P 500 ...
AP | By CHRISTOPHER S. RUGABER | Posted 12.14.2011
WASHINGTON -- Two-thirds of chief executives of the largest U.S. companies say they don't plan to increase hiring or will cut staff in the next six mo...
Devon Kerr | Posted 02.11.2012
Europe's failure means a decrease in the global economy, alliances with Europe being tested, and probably, a double-dip recession in the U.S. economy. If the Euro goes down, we may go with it.
Posted 12.09.2011
NEW YORK (Reuters) - Stocks rallied on Friday, finishing the week higher after European Union leaders agreed on a plan to toughen the region's bud...
Posted 12.09.2011
BRUSSELS (Reuters) - Napoleon dreamed of it, De Gaulle fought for it, but Nicolas Sarkozy may have achieved it -- a Europe of Nations with France ...
AP | GABRIELE STEINHAUSER and DON MELVIN | Posted 02.08.2012
BRUSSELS — Working almost to exhaustion and persuading countries one by one, European leaders agreed Friday to redefine their continent – ...
AP | MELISSA EDDY and DAVID McHUGH | Posted 02.01.2012
BERLIN — German Chancellor Angela Merkel pushed forward Friday with what markets see as an emerging plan for more effective action to contain th...
AP | COLLEEN BARRY | Posted 01.28.2012
MILAN — Italy's borrowing rates skyrocketed at a bond auction Monday for the second straight business day, as pressure mounted on the eurozone's...
AP | JONATHAN FAHEY, CHRISTOPHER S. RUGABER and MICHAEL LIEDTKE | Posted 01.13.2012
NEW YORK — The tremors from Europe's financial upheaval have reached U.S. shores, rattling consumers and companies. The consequences have been ...
AP | NICHOLAS PAPHITIS and FRANCES D'EMILIO | Posted 01.10.2012
ATHENS, Greece — Europe's financial crisis eased Thursday as Greece installed a respected economist to replace its prime minister and Italy appe...
Posted 01.05.2012
BERLIN - German Chancellor Angela Merkel said on Saturday it would take a decade before the euro zone was in a better position and there was much ...
Azeem Ibrahim | Posted 01.04.2012
Greek Prime Minister Papandreou's announcement of a referendum on the Eurozone debt deal is a remarkably democratic move in a world dominated by financial markets, with little concern for the citizen.
Posted 01.03.2012
FRANKFURT - The European Central Bank cut its main interest rate by 25 basis points to 1.25 percent on Thursday as the euro zone's worsening debt ...
Posted 01.03.2012
The Greek government teetered on the brink of collapse on Thursday over plans for a referendum on a euro zone bailout, with defections from the ru...
AP | DEREK GATOPOULOS | Posted 12.27.2011
ATHENS, Greece — Shares on Greece's stock market closed sharply up Thursday following a debt deal reached by European leaders that the country's...
James Doran | Posted 05.25.2012