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Eurozone Debt Crisis

The Biggest No-Show at Davos Wasn't Keith Richards

Peter Holmes a Court | Posted 04.02.2012 | World
Peter Holmes a Court

Rising income inequality is a surprisingly strong concern for this gathering, and the search for new economic models is sincere, but avoiding Europe's combustion is, understandably, the most pressing issue.

The European Reality Avoidance Scheme (and How the United States Colludes)

Mitch Feierstein | Posted 04.02.2012 | Business
Mitch Feierstein

Over the next four years, no area of foreign policy will impact American prosperity more than financial issues -- and to date, every single major policy move has been profoundly wrong.

Billionaire Says European Leaders 'Did Everything Wrong,' Warns Of Crisis

The Huffington Post | Bonnie Kavoussi | Posted 01.25.2012 | Business

Billionaire investor George Soros warned of a possible breakup of the European Union at the World Economic Forum's annual meeting in Davos, Switzerlan...

EU Court Could Fine Countries If They Don't Balance Budgets

Reuters | Posted 03.21.2012 | Business

BRUSSELS, Jan 20 (Reuters) - The European Union's highest court will be able to fine an EU country that does not adopt a balanced budget rule in its...

Bonnie Kavoussi

What Will It Take For Investors To End The Euro Crisis? | Bonnie Kavoussi | Posted 01.19.2012 | Business

What exactly do investors want from Europe? The question is far from trivial. Without private investors buying up the bonds of troubled European co...

Romney and His European Straw Dog

Edward Goldberg | Posted 03.13.2012 | Business
Edward Goldberg

For the Romney campaign, Europe has taken over from China as the punching boy that represents the foreign other. In reality, to say or suggest that Europe has nothing to do with the American economy or American job growth is to live in pre-globalized fantasy land.

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...

Latest Eurozone Data 'Has Recession Written All Over It'

The Huffington Post | Bonnie Kavoussi | Posted 01.06.2012 | Business

The number of unemployed people in the eurozone reached its highest level since the creation of the euro in 1999, according to The Financial Times, st...

Is the Euro Crisis a Financial Re-Run of the 1956 Suez Debacle?

Jean Ergas | Posted 03.06.2012 | Business
Jean Ergas

It is high time for Europe, like the UK was forced to do in 1956, to face up to the fact that the world has changed.

Bank's Bold Program Not Working, Raising Credit Crunch Concerns

The Huffington Post | Bonnie Kavoussi | Posted 01.05.2012 | Business

The European Central Bank's generous lending to banks is not boosting liquidity in the European economy as much as intended, according to a leading Fr...

"Everyone Is Called to One Common Human Vocation -- That of Being a Good Citizen and a Thoughtful Human Being..."

Lydia Fisher | Posted 03.05.2012 | Business
Lydia Fisher

Too old-fashioned? Or, is there a take-away here? Well, let's take a look.

Stories That Will Shape 2012 for Deposits

Richard Barrington | Posted 03.04.2012 | Business
Richard Barrington

Certainly, 2011 did not lack for big news stories. What's more, some of the major events of 2011 will help determine the course of the economy in 2012.

Eurozone Factory Sector Will Likely Cut Back In Early 2012

Reuters | Posted 03.02.2012 | Business

* Euro zone factory sector shrinks for 5th month in Dec * Manufacturing PMI rises slightly from November * Output, orders ...

German Finance Minister: Euro 'A Clear Success Story'

Reuters | Posted 03.02.2012 | Business

Policymakers marked the 10th anniversary on Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and ...

European Banks Take Shelter

The Huffington Post | Bonnie Kavoussi | Posted 12.30.2011 | Business

Despite their job description, European banks are shying away from lending, and it may be hurting the European economy. European banks parked a nea...

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...

U.S. Companies Finding Opportunity In Europe's Woes

The New York Times | Nelson D. Schwartz | Posted 12.26.2011 | Business

As Europe struggles with its debt crisis, American businesses and financial firms are swooping in amid the distress, making loans and snapping up asse...

Analysis: 'We're Not Going To See China Buying Europe'

Posted 12.26.2011 | Business

VENICE (Reuters) - The sign in a boutique selling glass hand-crafted on the Venetian island of Murano betrays an uncertain grasp of English. But the o...

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,...

Bonnie Kavoussi

Banks At Risk As Crisis Drags On | Bonnie Kavoussi | Posted 12.12.2011 | Business

Concerns about a global slowdown sharpened on Monday as markets cast a vote of no confidence in Europe's leaders. Economists and analysts expressed wo...

Global Economic Crisis Is Now a Depression: Paul Krugman

Sheldon Filger | Posted 02.11.2012 | Business
Sheldon Filger

Since the onset of the global economic crisis, policymakers and media pundits have resisted using the "D" word, instead preferring terms such as the "Great Recession."

Report: Countries Face A 'Great Challenge' Economically For The Foreseeable Future

Posted 12.12.2011 | Business

An OECD report due for release this month will say markets and governments face an uphill struggle to fund themselves next year amid extreme uncertain...

Markets Still Wary After EU Deal

Posted 12.12.2011 | Business

A European summit deal to strengthen budget discipline in the euro zone failed to restore financial market confidence on Monday, forcing the European ...

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 ...

Bonnie Kavoussi

The Next Bank Bailouts | Bonnie Kavoussi | Posted 12.09.2011 | Business

The bank bailouts of 2008 created a firestorm of public anger in the United States. Now European leaders are trying to avoid the same fate. It's not l...