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Eurozone Debt Crisis

IMF Denies Report On $600 Billion Lending Facility

Posted 12.07.2011 | Business

The International Monetary Fund on Wednesday denied a report in Japan's Nikkei newspaper that the Group of 20 nations were planning to assemble a $600...

No Way to Hold Eurozone Together

Jeffrey Rubin | Posted 02.06.2012 | Business
Jeffrey Rubin

Will the PIIGS sink the euro or will the European monetary union jettison the PIIGS? As the stakes get ever higher, we are rapidly approaching the end game for the European debt crisis.

Prepare for a Different Financial Landscape

Mohamed A. El-Erian | Posted 02.04.2012 | Business
Mohamed A. El-Erian

With the European crisis continuing to dominate the news, many people now realize that today's global economy faces an unusually uncertain outlook.

Looking Back on My 2011 Projections

Don Tapscott | Posted 02.04.2012 | Business
Don Tapscott

A year ago I published "10 Big Themes for 2011" -- related to how the digital revolution changes business and society. It's helpful to review what actually occurred. Below are my projections and some 20-20 hindsight editorializing.

German Finance Minister's Plan For Eurozone Redemption

Posted 12.03.2011 | Business

BERLIN (Reuters) - Germany's Finance Minister spelled out details on Saturday of his proposal for national redemption funds for excess sovereign debt ...

China's Economy Is Contracting in the Industrial Sector

Sheldon Filger | Posted 02.01.2012 | Business
Sheldon Filger

In our integrated global economy, no one is immune to the effects of a legacy of bad economic and fiscal policymaking in Washington and Brussels, least of all Beijing.

Into the Euro Danger Zone

Sean Kay | Posted 01.29.2012 | World
Sean Kay

The Irish people merit a direct discussion of how the next stage of the economic crisis will affect the nation. If the logic behind the Irish bailout no longer applies in systemic terms of contagion prevention, then what should the Irish and others do?

Bonnie Kavoussi

Crisis In Europe Threatens World Economy | Bonnie Kavoussi | Posted 11.28.2011 | Business

As a breakup of the eurozone -- a once seemingly impossible scenario -- becomes increasingly likely, economists are starting to sketch out what a post...

What's the Risk From a Country Leaving the Eurozone?

Jared Bernstein | Posted 01.27.2012 | Business
Jared Bernstein

The more we learn about this one, the better. No one knows the likelihood of, say, Greece, to pull an example out of the air, pulling out of the Eurozone and reverting to the drachma. I'd guess not, but the potential is obviously real and growing.

Germany, France Exploring Radical Ways To Secure Eurozone Integration

Posted 11.27.2011 | Business

BRUSSELS (Luke Baker and Julien Toyer) - Germany and France are exploring radical methods of securing deeper and more rapid fiscal integration among e...

German Bond Auction A 'Disaster,' As Investors Fear Crisis Could Spread To Strong Economies

Posted 11.23.2011 | Business

LONDON (Reuters) - A "disastrous" sale of German benchmark bonds sparked fears on Wednesday the debt crisis was beginning to threaten even Berlin, wit...

The Salomon Brothers Training Class of 1985 and Lessons Learned

Lydia Fisher | Posted 01.18.2012 | Business
Lydia Fisher

There were a few rejections before I made it into the Salomon Brothers sales and trading training class. It happened to be the class of 1985, immortalized in Michael Lewis' book, Liar's Poker," and I recently came back from our 26-year reunion.

Euro Collapse Plus Iran Strike Equals Armageddon

Rory Fitzgerald | Posted 01.14.2012 | World
Rory Fitzgerald

Like an eventual euro breakup, many believe that a strike on Iran is not a matter of if, but when. If these two events happened simultaneously, or nearly so, the consequences would be utterly incalculable.

EU: S&P French Rating Mistake 'A Very Serious Incident'

Posted 01.11.2012 | Business

An erroneous downgrade of French sovereign credit rating by Standard & Poor's rating agency on Thursday was a very serious incident and will have to b...

Catherine New

Small Business Owners Grow Anxious As Italian Crisis Forces Credit Crunch | Catherine New | Posted 01.23.2014 | Business

The Atlantic Ocean is wide, but maybe not wide enough. On Thursday, markets had a mixed reaction to the deepening economic crisis in Europe. With Silv...

Eurozone Debt Crisis: Another Failed Bailout Scheme?

Sheldon Filger | Posted 12.27.2011 | Business
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.

Euro Crisis Serious Business For US Economy

Andrew Reinbach | Posted 01.09.2012 | Business
Andrew Reinbach

European negotiations have fallen into an orgy of finger-pointing and nationalistic, beggar-thy-neighbor economic policies -- a scenario other well-informed observers have been predicting for some time.

Report: France, Germany Near Deal To Boost Euro Rescue Fund To $2 Billion Euros

Posted 12.18.2011 | Business

France and Germany have agreed to boost a euro zone financial rescue fund to two trillion euros ($2.76 trillion), part of a plan to resolve the bloc's...

Merkel, Sarkozy Look To Resolve Differences Over Euro Crisis

Posted 12.09.2011 | Business

BERLIN (Reuters) - German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy on Sunday over how to use the eur...

Another Bailout for the Banks?

Jeffrey Rubin | Posted 12.06.2011 | Business
Jeffrey Rubin

You might have thought things had changed in world financial markets since the U.S. subprime mortgage disaster. Funny that only three years later, the global financial system seems once again to be teetering on the brink.

Ireland Remains at Heart of Eurozone Trouble

Sean Kay | Posted 12.01.2011 | World
Sean Kay

Ireland does have to do more cuts, it does have to reform its public sector pay scale, and it is going to have to do so in a way that will continue to drive the domestic economy into a deepening downward spiral if it wishes to sustain European support, which it now cannot survive economically without.

Majority Of Investors Predict Recession In Europe: Poll

The Huffington Post | Bonnie Kavoussi | Posted 11.29.2011 | Business

Three-quarters of global investors predict that Europe will fall into a recession in the next 12 months, according to a Bloomberg survey released Thur...

Greece as Whipping Boy for 'Troika' Bullies

Ann Pettifor | Posted 11.23.2011 | Business
Ann Pettifor

As mayhem breaks out on stock markets; as Eurozone banks freeze up; and as the global financial system approaches a frightening 'danger zone,' the champions of the globalised 'free market' are in search of a scapegoat.

Leaders Demand Euro Zone Act Quickly To Stop Crisis

Posted 11.22.2011 | Business

FRANKFURT/OTTAWA (Reuters) - Seven world leaders on Thursday demanded Europe act more decisively to quell its debt crisis as a European Central Bank s...

Time for a Smaller and Stronger Eurozone

Mohamed A. El-Erian | Posted 11.17.2011 | World
Mohamed A. El-Erian

The time has come for the eurozone -- Germany and France in particular, but also Austria, Finland and the Netherlands -- to decide how they would like European integration to evolve; and they need to do so quickly.