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Euro Debt Crisis

A Look At the Next 10 Years in US-European Relations

Lucia Annunziata | Posted 05.07.2016 | World
Lucia Annunziata

For all of us over here in Europe, this seems like our weakest, loneliest moment. But it is high time for Europe to grow up, and as everybody knows, there's no better way to force someone to grow than to inflict a little suffering on them.

Bill Gross: Bank Is Playing 'Kick The Can' With The Euro Debt Crisis

The Huffington Post | Alexander Eichler | Posted 08.02.2012 | Business

Bill Gross isn't mad at Mario Draghi -- he's just disappointed. Gross, co-founder of the investment firm PIMCO, said that he wasn't all that impres...

Europe's Solution Isn't More Inflation

Michael Pento | Posted 08.21.2012 | Business
Michael Pento

The only real solution for insolvent Europe is to explicitly default on the debt to a level that brings PIIGS countries to a debt to GDP ratio below 60 percent.

Euro at Risk of Falling to Bits Just Like Pieces of Eight

James Doran | Posted 07.25.2012 | Money
James Doran

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.

The German Model and the Price of Perfection

O'Brien Browne | Posted 05.12.2012 | Business
O'Brien Browne

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.

Fiscal Adjustment: Too Much of a Good Thing?

Carlo Cottarelli | Posted 04.02.2012 | Business
Carlo Cottarelli

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.

In Role Reversal Huge Companies Lending To Ailing Europe Banks

Reuters | Posted 03.10.2012 | Business

By Douwe Miedema LONDON, Jan 9 (Reuters) - Blue-chip names like Johnson & Johnson, Pfizer and Peugeot are among firms bailing out Eur...

Greek Retailers See Worst Holiday Season In Decades

Posted 12.27.2011 | Business

ATHENS (Reuters) - Greece's stores had their worst Christmas in decades, with retail sales dropping by 30 percent compared with the same period last y...

In 2012, Global Economy 'A Tale Of Two Worlds'

Posted 12.24.2011 | Business

LONDON (Reuters) - Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the Uni...

Analysis: Region Formerly Gorged On Debt Adjusting To Great Stagnation

Posted 12.22.2011 | Business

LONDON (Reuters) - With governments laboring under too much debt and banks hobbled by too little capital, 2012 is shaping up as another year of hard s...

The European Debt Crisis: A Beginner's Guide

The Huffington Post | Alexander Eichler | Posted 12.27.2011 | Business

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,...

Time Running Out For S&P 500 To End Positively, As Euro Crisis Looms

Posted 12.18.2011 | Business

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 inde...

Why Teens Should Care About the Eurozone Crisis

Devon Kerr | Posted 02.11.2012 | Home
Devon Kerr

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.

Wall Street Finishes Week Higher After EU Deal

Posted 12.09.2011 | Business

NEW YORK (Reuters) - Stocks rallied on Friday, finishing the week higher after European Union leaders agreed on a plan to toughen the region's budget ...

Analysis: In EU Rift, Cameron Loses, While Sarkozy, Draghi Win

Posted 12.09.2011 | Business

BRUSSELS (Reuters) - Napoleon dreamed of it, De Gaulle fought for it, but Nicolas Sarkozy may have achieved it -- a Europe of Nations with France in t...

German Chancellor: Europe Has A Long Road Ahead

Posted 01.05.2012 | Business

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 work...

Greek Tragedy -- The Next Act

Azeem Ibrahim | Posted 01.04.2012 | World
Azeem Ibrahim

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.

ECB Make Surprise Decision On Debt Crisis Fears

Posted 01.03.2012 | Business

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 cris...

After Euro Debacle, Greek Government Verging On Collapse

Posted 01.03.2012 | Business

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 ruling...

Euro Zone Eyes Huge Cut In Private Sector Greek Debt

Posted 12.26.2011 | Business

BRUSSELS - Euro zone leaders want private sector creditors to accept a writedown of more than 50 percent on their holdings of Greek government debt, a...

U.S. Ducks Recession For Now

Posted 12.15.2011 | Business

WASHINGTON (Lucia Mutikani) - Consumers and businesses pulled the sickly U.S. economy back from the brink of recession in the third quarter but don't ...

Corporate Bankruptcies Could Return With New Recession

Posted 12.11.2011 | Business

(Tom Hals, Sue Zeidler and Caroline Humer) - Three years after the collapse of Lehman Brothers touched off a tidal wave of bankruptcy filings, corpora...

OECD Figures Indicate Economy's Future Continues To Darken

Posted 12.10.2011 | Business

(Vicky Buffery) - The outlook for the world's major economies is continuing to darken according to the latest data from the OECD published on Monday, ...

Global Stocks Jump On New Debt Crisis Pledge

Posted 12.10.2011 | Business

(Natsuko Waki) - World stocks and the euro rose on Monday while top-rated government bonds and the dollar fell after German and French leaders promise...

Europe Aiming To Ramp Up Crisis Fund As Other Nations Raise Alarm

Posted 11.25.2011 | Business

WASHINGTON (Dan Flynn and Jan Strupczewski) - Europe is working to ramp up the firepower of its bailout fund, top officials said on Saturday, as the U...