Eurozone Crisis

Bonjour, Merkel

Daniel Nehemia | Posted 06.01.2012

Read More: Angela Merkel, French Elections, Eurozone, Francois Hollande, Eurozone Crisis, David Cameron, Teen News
Daniel Nehemia

Less than a month after France chose her new president and few months before Germany starts her own elections campaigns, Europe is dealing with a collapse of more countries in the eurozone.

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Troubled Bank's Solution To Crisis? Spiderman

Reuters | Posted 05.31.2012

Read More: Bankia, Bankia Crisis, European Debt Crisis, Video, Spanish Debt Crisis, Eurozone Crisis, Bankia Spanish Bailout, Reuters, Bankia-Rescue-Funds, Business News, Bankia Spiderman Towels, Business News

MADRID, May 30 (Reuters) - Nationalised Spanish lender Bankia is offering a Spiderman towel to young investors as part of a drive to hold onto depos...

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Report: Greeks Could Lose Half Their Income With Euro Exit

AP | DEREK GATOPOULOS and NICHOLAS PAPHITIS | Posted 05.30.2012

Read More: European Debt Crisis, Greece Crisis, Video, Eurozone-Grexit, Eurozone Crisis, Greece Euro Exit, Greece Debt Crisis, Business News, Greek Debt Crisis, Grexit, Business News

ATHENS, Greece — An exit from the euro would see Greeks lose more than half their annual income and prompt a dramatic rise in unemployment and i...

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European Banks May Become More Vulnerable, Reliant On Taxpayer Money

Reuters | Posted 05.29.2012

Read More: European Debt Crisis, Bond Investors, Europe-Bank-Crisis, European Banks, European Banks Bond Investors, Video, Eurozone Crisis, Reuters, Business News, New Rules, Financial Regulation, Business News

* New regulation may repel staple investors * Bond buyers say rules will push up debt costs for banks By Sinead Cruise ...

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The End Of The Euro: A Survivor's Guide

Simon Johnson | Posted 05.27.2012

Read More: Eurozone, Eurozone Crisis, Economy, Greece Debt, European Union, Greek Exit, Greek Debt Crisis, Euro, Fiscal Affairs, Ecb, Greece, Germany, Greece Debt Crisis, Imf, Europe, Greece Austerity, Business News
Simon Johnson

In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them -- and the world.

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Eurozone Officials Tell Members To Make Plans In Case Of Greek Exit

Reuters | Posted 05.23.2012

Read More: European Debt Crisis, Eurozone, Eurozone Greek Exit, Eurozone Grexit, Eurozone Crisis, Greek-Exit, Reuters, Business News, Grexit, Business News

* Eurozone officials call for Greek exit contingency planning * Bundesbank says scenario would be "manageable" * Euro z...

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'How Can They Stand Behind The Euro?'

Reuters | Posted 05.21.2012

Read More: Video, Europe Crisis, Eurozone Crisis George Osborne, Europe Crisis George Osborne, Eurozone Crisis, George Osborne Europe Crisis, Europe George Osborne, George Osborne Europe, Reuters, Eurozone George Osborne, Euro Crisis George Osborne, George Osborne Eurozone Crisis, George Osborne Eurozone, George Osborne, George Osborne Euro Crisis, Business News

LONDON, May 20 (Reuters) - The euro zone can protect its currency if its stronger countries provide more support for the weaker to h...

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It's Not the Economy, Stupid... It's Employment

Sharan Burrow | Posted 05.17.2012

Read More: Jobs, Ituc, Labor Unions, g20, American Unemployment, Unemployment, No Jobs, g20-Countries, Eurozone Crisis, Europe Unemployment, Youth Unemployment, College Graduates, World News
Sharan Burrow

Anyone who has lived in an area with high unemployment knows how it erodes social bonds, lowers the resilience of the unemployed and their families, and damages the prospects of the next generation. No country can afford to lose a generation to unemployment.

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A Primer on the Eurozone Crisis and How It Could Affect Us

Robert J. Shapiro | Posted 05.16.2012

Read More: Goldman Sachs, Esther George, Eurozone Crisis, Angela Merkel, Henry Paulson, The Globalist, European Central Bank, Austerity, Greece, World News
Robert J. Shapiro

Only by leaving can Greece reissue the drachma and let it devalue sharply. Everything Greek will be available at fire sale prices, which will attract foreign investors and make Greek exports price competitive. Greece and its people will be left a lot poorer, but that's also now inevitable.

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Major Partner Cuts Off Operations With Some Greek Banks

Reuters | Posted 05.17.2012

Read More: European Debt Crisis, Greek Banks, Video, Ecb, Ecb Greek Banks, Eurozone Crisis, Reuters, Business News, Greek Debt Crisis, European Central Bank, Business News

FRANKFURT, May 16 (Reuters) - The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfu...

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Who Will Suffer This Time?

Jill Shaw Ruddock | Posted 05.15.2012

Read More: Labour Party, Eurozone Crisis, The Second Half of Your Life, France Austerity, The Second Half of Your Life Foundation, Shtetl, Francois Hollande, Greece Austerity, World News
Jill Shaw Ruddock

As economies around the world continue to nosedive and we look for solutions to the reckless spending and entitlements to keep a way of life we have stolen from the next generation, just who do you think will suffer this time?

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Europe At Risk Of Facing 'Lost Decade'

Reuters | Posted 05.10.2012

Read More: European Debt Crisis, Video, Europe Crisis, Eurozone Crisis, Reuters, Business News, Greek Debt Crisis, Euro Crisis, Europe Lost Decade, Business News

AMSTERDAM, May 10 (Reuters) - Europe is at risk of a Japanese-style "Lost Decade" of low economic growth, weak consumer spending, poor company inves...

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Some Good News For Greece

Reuters | Posted 05.03.2012

Read More: European Debt Crisis, Greece Credit Rating, Greek Credit Rating, Video, Eurozone Crisis, Standard and Poor's, Greece Debt Crisis, Reuters, Business News, S&P, Greek Debt Crisis, Euro Crisis, Business News

ATHENS, May 2 (Reuters) - Standard & Poor's raised Greece's credit rating to low-speculative grade on Wednesday, lifting it out of default terri...

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On May Day, Europeans Rally Against Austerity

Reuters | Posted 05.02.2012

Read More: European Debt Crisis, Video, May Day, Europe Crisis, Eurozone Crisis, Reuters, Business News, May Day Protests Europe, May Day Rallies, European Austerity, May Day Protests, Austerity, Business News

* Marches in Spain, Italy, France, Greece and Portugal * Protesters carry banners opposing budget cuts * Greece, France ...

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A French Spring and a New Enlightenment for Jobs and Justice

Brent Budowsky | Posted 04.30.2012

Read More: 1 Percent, French Presidential Election, Euro Crisis, French Spring, Bank Bailouts, Francois Hollande, European Debt Crisis, France, Eurozone Crisis, World News
Brent Budowsky

The increasingly likely victory of Francois Hollande in the French presidential election would be the shot for economic justice and jobs that will be heard around the world.

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Spain In Recession...Again

AP | CIARAN GILES | Posted 04.30.2012

Read More: European Debt Crisis, Video, Spanish-Recession, Spain Recession, Europe Crisis, Spain Debt, Eurozone Crisis, Business News, Spain Debt Crisis, Spanish Debt, Business News

MADRID — As their losses from mortgages grow, Spanish banks have begun discussions about creating a separate entity – a "bad bank" –...

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George Soros: Eurozone Crisis, 'Similar To Soviet Union,' Has Potential To Destroy EU

Huffington Post | Khadeeja Safdar | Posted 04.26.2012

Read More: European Debt Crisis, European Union Collapse, George Soros, Video, Collapse of the Soviet Union, Soros, Eurozone Crisis, European Union, Soviet Union, Business News

Billionaire investor George Soros is sounding the European alarm again. “Europe is similar to the Soviet Union in the way that the euro crisis h...

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Why The Euro Doesn't Make Sense & Isn't Worth Saving

The Atlantic | MATTHEW O'BRIEN | Posted 04.22.2012

Read More: European Debt Crisis, Eurozone, Spain Housing Crisis, Ecb, Germany, Eurozone Crisis, European Union, Spain, European Central Bank, Euro, Business News

Pop quiz, hotshot. You're the prime minister of Spain. It's 2005. Unemployment is at a two-decades low. Housing prices are booming. You're worried tha...

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Eurozone Joblessness Hits Near 15-Year High

Reuters | Posted 06.02.2012

Read More: European Debt Crisis, Video, Eurozone, Unemployment, Eurozone Unemployment February 2012, Eurozone Crisis, Reuters, Business News, Eurozone Joblessness, Eurozone-Unemployment, Euro Crisis, Business News

* Euro zone unemployment at 10.8 pct in February * EU Commission says data shows need for reform * Sharp divide between north and south ...

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Eurozone Follies: Confusing Callousness for Courage

Jeff Madrick | Posted 05.27.2012

Read More: Germany, Eurozone, European Union, Recession, European Central Bank, Greece, Austerity, Great Depression, Greece Bailout, Eurozone Crisis, Euro Zone, Austerity Measures Europe, Economic Stimulus, Business News
Jeff Madrick

The essence of the euro crisis is that members cannot devalue or control their own monetary policy. But the European Central Bank could have done so. If it had recognized its obligations, the crisis would not have been nearly as great.

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There Might Actually Be Some Good News For The Eurozone's Economy

Reuters | Posted 05.12.2012

Read More: Eurozone, Video, Eurozone Crisis, Eurozone Economy, Reuters, Eurozone Recession, Business News, Organisation for Economic Co-Operation and Development, Eurozone Debt Crisis, Oecd, Business News

PARIS, March 12 (Reuters) - The euro zone is showing tentative signs of improvement, the latest monthly readout from the Organisation for Economic C...

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Greek Official: 'The Economy Is Sinking And Everyone Is Too Scared'

Reuters | Posted 05.10.2012

Read More: European Debt Crisis, Eurozone, Video, Greece, Eurozone Crisis, Reuters, Greece Debt Crisis, Greek Debt Crisis Stimulus, European Union, Eurozone Debt Crisis, Greek Stimulus, Greek Debt Crisis, Greece Debt Crisis Stimulus, Europe, Greece Stimulus, Business News

* EIB reluctant, row with the EU Commission over the funds * Channelling the funds via local banks could be a solution A...

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China or Greece: Whose Economy Should We Fear?

Claude Ohanesian | Posted 05.08.2012

Read More: Competition, Greece Economy, Eurozone Crisis, China Economy, Business News
Claude Ohanesian

Much has been written about Greece's financial doom and the domino effect it will have on Europe's and possibly America's economy. I've never liked playing dominos. I prefer to find solutions to problems before there are consequences.

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Laid-Off Factory Worker In Greece Shoots His Former Boss

Reuters | Posted 05.04.2012

Read More: European Debt Crisis, European Sovereign Debt Crisis, Greece Crisis, Video, Greece, Greek Financial Crisis, Eurozone Crisis, European Financial Crisis, Reuters, Greek Crisis, Eurozone Debt Crisis, Greek Debt Crisis, Greek Factory Worker, Business News

By Renee Maltezou and Deepa Babington KOMOTINI, Greece, March 4 (Reuters) - After more than 30 years as a factory worker, Dimitris Man...

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Hey Greece, Forget The EU, The Internet Is Coming To Your Rescue

The Huffington Post | Bonnie Kavoussi | Posted 03.02.2012

Read More: European Sovereign Debt Crisis, European Debt Crisis, Greek Debt, Video, Greece, Eurozone Crisis, Greece Debt Crisis, Kickstarter, Greece Debt, Greek Bailout, Greek Debt Crisis, Greek Government, Greece Bailout, Business News

Greek protesters, European finance ministers, and central bankers: you can go back home now. Financial markets, rest easy. Greece has been saved. Sort...

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