European Bailout

Eurozone Official: 'I Would Not Bet On A Positive Outcome' From Summit

Reuters | Posted 04.25.2012

* Germany unlikely to be ready to decide at March 1-2 summit * Euro zone may decide on combined bailout fund later in March ...

Bonnie Kavoussi

Europe Struggles To Expand Bailout Fund

HuffingtonPost.com | Bonnie Kavoussi | Posted 01.11.2012

Two weeks after European leaders trumpeted an agreement to expand a bailout fund they said would finally become large enough to prevent major countrie...

Greek Prime Minister Faces Critical Confidence Vote

AP | DEREK GATOPOULOS | Posted 01.04.2012

By DEREK GATOPOULOS, The Associated Press ATHENS, Greece (AP) -- Greece's prime minister has survived a confidence vote in parliament, calming a re...

Eurozone Debt Crisis: Another Failed Bailout Scheme?

Sheldon Filger | Posted 12.27.2011

Sheldon Filger

Should we believe that this time, after so many failed attempts also advertised as the real solution, the politicians have finally got it right? I don't think so.

German Central Bank Head: Repeatedly Expanding Bailout Fund Won't Solve Crisis

Posted 12.22.2011

BERLIN (Reuters) - Bundesbank president Jens Weidmann said in a newspaper interview released on Saturday that repeatedly expanding the euro zone r...

Geithner: 'Threat Of Catastrophic Risk' Must Be Stopped In Europe

Posted 11.24.2011

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner told European governments on Saturday to eliminate the threat of a catastrophic financi...

Greece Nears Moment Of Truth On Debt Crisis

The New York Times | Posted 11.18.2011

Europe appeared to be lurching toward a moment of decision in its sovereign debt crisis Sunday, as Greece struggled to meet conditions for additional...

Greece Would Likely Default If It Followed French Banks' Plan: S&P

Posted 09.03.2011

ATHENS (Angeliki Koutantou) - Greece would likely be in default if it follows a debt rollover plan pushed by French banks, S&P warned on Monday, d...

Is Europe About to Collapse? Not if It Restructures Sovereign Debt

Georges Ugeux | Posted 07.09.2011

Georges Ugeux

There is something that is not right in the European bailout. The refusal by the European governments, the European Central Bank and countries concerned to envisage a restructuring of sovereign debt.

Irish Banks Might Need Another Expensive Bailout

Posted 05.25.2011

BRUSSELS - European finance ministers will decide on any necessary changes to Ireland's bailout programme after the results next week of stress te...

European Ministers Hold Off On Changes To Bailout Aid

The New York Times | Stephen Castle | Posted 05.25.2011

BRUSSELS -- Fighting to support the euro amid continuing market uncertainty, European finance ministers played for time Tuesday, making no pledge to i...

Ireland Says It Doesn't Need A Bailout, Despite EU Pressure

Posted 05.25.2011

Aid would be available for Ireland's banking sector or the state itself, a top European policymaker said on Monday after a report suggested Dublin co...

The Time To Sell All Stocks?

Dan Dorfman | Posted 05.25.2011

Dan Dorfman

The market's recent ugly showing -- characterized by a resumption of those brutal single day triple-digit Dow losses and rising volatility -- is clearly flashing an S.O.S.

Romania Becomes Third Eastern EU Country To Be Bailed Out

The Guardian | David Gow | Posted 05.25.2011

The European Union, IMF and World Bank today bailed out Romania with a €20bn (£18.5bn) loan in return for severe cuts in public spending and wages....

EU leaders endorse continent-wide bailout

AP | AOIFE WHITE | Posted 05.25.2011

BRUSSELS, Belgium — EU leaders endorsed a euro1.7 trillion ($2.3 trillion) continent-wide emergency bailout for the banking sector at summit tal...