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Portugal Bailout Terms Are 'Severe,' EU Says

AP | By GABRIELE STEINHAUSER and BARRY HATTON | Posted 07.04.2011 | Business

LISBON, Portugal -- Portugal's bailout terms are 'severe' and no more lenient than those Greece and Ireland received, an EU official said Wednesday in...

Nouriel Roubini Warns Of A Domino Debt Collapse In Europe

CNBC | Posted 05.25.2011 | Business

But the nub of the crisis is this: "We have decided to socialize the private losses of the banking system. Now you have a huge increase in public debt...