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Europe Debt Crisis

Irish Official: Bailout Deal Coming Sunday

Wall Street Journal | By QUENTIN FOTTRELL | Posted 05.25.2011 | World

DUBLIN--Irish Communications Minister Eamon Ryan said Saturday that talks between the EU and the International Monetary Fund on an €85 billion ($112...

How Likely Is Default In Europe?

New York Times | Simon Johnson | Posted 05.25.2011 | Business

The big question of the week in Europe is deceptively simple -- will any countries that share the euro as their currency default on their government o...

Joseph Stiglitz: Banks 'Gutted' Almost Every Provision In The Financial Bill

ABC | Posted 05.25.2011 | Business

Joseph Stiglitz is a Nobel laureate, a former chief economist of the World Bank and he chaired Bill Clinton's presidential council of economic advisor...

Europe's MASSIVE Austerity Measures: The Countries Making The Biggest Cuts (PHOTOS)

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

To reduce their budget deficits, nations across Europe are slashing public sector wages, axing child benefits and closing hospitals. Battered by ye...

Eurozone Crisis Worsens Sharply

Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

The big news is France. With sentiment worsening across Europe, France has lost its relative safe haven status - credit default swap spreads on Frenc...

Europe's Debt Crisis: A Country-By-Country Guide (PHOTOS)

Posted 05.25.2011 | Business

LONDON (AP) - Europe's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic ...

Paulson Drops 6.9% As Hedge Funds Post BIGGEST Losses Since Lehman

bloomberg.com | Katherine Burton and Saijel Kishan | Posted 05.25.2011 | Business

Hedge funds lost an average of 2.7 percent through May 27, according to the HFRX Global Hedge Fund Index, as the sovereign debt crisis in Europe trigg...

Paul Volcker: America Is No Greece, But There Are Lessons To Be Learned From Europe's Debt Crisis

Reuters | Jim Christie | Posted 05.25.2011 | Business

STANFORD, Calif., May 18 (Reuters) - Europe's debt crisis shows the risks for the United States if it does not get its budget deficits under control, ...