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Europe Sovereign Debt Crisis

Greece: Still Going Broke, Now With Bullwhips

The Huffington Post | Mark Gongloff | Posted 08.06.2012 | Business

If you could rely on anything in the past couple of years, it is that Greece is always going broke. Now it turns out that Greece is going broke faster...

Europe on the Brink

Robert Kuttner | Posted 12.23.2011 | World
Robert Kuttner

The deepening European financial crisis is the direct result of the failure of Western leaders to fix the banking system during the first crisis that began in 2007. Barring a miracle of statesmanship, we are in for Financial Crisis II, and it will look more like a depression than a recession.

Geithner To Float Leveraging Euro Rescue Along Lines Of U.S. Program

Posted 11.15.2011 | Business

WROCLAW, Poland (Reuters) - Treasury Secretary Timothy Geithner is likely to suggest to European finance ministers on Friday that they leverage their ...

Soros: Europe Condemned To 'Unending Series Of Crises'

Reuters | George Soros | Posted 11.15.2011 | Business

The euro crisis is a direct consequence of the crash of 2008. When Lehman Brothers failed, the entire financial system started to collapse and had to ...

German Chancellor Rejects Euro Zone Bonds As 'Absolutely Wrong'

Posted 11.15.2011 | Business

FRANKFURT (Reuters) - German Chancellor Angela Merkel bluntly rejected euro zone bonds on Thursday as a solution to the currency area's sovereign debt...

Could Europe Provoke a World Crisis?

Georges Ugeux | Posted 10.24.2011 | Business
Georges Ugeux

Europe's debt crisis and its responsibility for the U.S. market decrease has made me wonder: Could a worsening of the European crisis drag the United States and the world into a catastrophe worse than the 2008 collapse of Lehman Brothers?