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Eastern Europe Economy

Banking on Failure: FDIC Shutting Down Insolvent Banks at a Record Pace

Sheldon Filger | Posted 09.18.2009 | Business

Read More: Banking Crisis, Colonial-Bank, Timothy Geithner, Colonial Bank Failure, Fdic, Bank Failures, Federal Deposit Insurance Corporation, Eurozone, Stress Tests, Former-Soviet-Bloc, Geithner Banks, Obama Bank Stress Tests, FDIC Banks, Banks, Western Europe, Eastern Europe Economy, Bank Bailout, Geithner Bank Bailout, Business News
Sheldon Filger

It is preposterous to conclude that the U.S. banking sector is well capitalized and strong enough to endure a severe economic recession.

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IMF Urges Eastern Europe To Adopt Euro Without Joining Eurozone

Financial Times | Posted 05.07.2009 | World

Read More: Eurozone Inflation, Eu Rejects Eastern Europe Rescue Plan, Eastern Europe, International Monetary Fund, IMF Bailout, Imf, European Union, Eurozone, Eastern Europe Economy, Europe, IMF Credit Crisis, Euro, Global Financial Crisis, World News

Crisis-hit European Union states in central and eastern Europe should consider scrapping their currencies in favour of the euro even without formally ...

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Romania Becomes Third Eastern EU Country To Be Bailed Out

The Guardian | David Gow | Posted 04.25.2009 | World

Read More: International Monetary Fund, International Economic Crisis, European Economic Crisis, Romania Bailout, European Union, Romanian Bailout, Global Economic Crisis, Global Financial Crisis, World Bank, Eastern Europe, Romania, IMF Bailout, Imf, Eastern Europe Economy, Europe, European Bailout, Romania Economy, World News

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....

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Angela Merkel Rejects Bailout Plan For Eastern EU Nations

AP | CONSTANT BRAND | Posted 04.01.2009 | World

Read More: Angela Merkel, Europe, Europe Economy, Germany, Economic Crisis, European Union Summit, Angela Merkel Bailout, European Union, Eastern Europe Economy, Eu, Eu Rejects Eastern Europe Rescue Plan, German Chancellor Angela Merkel Bailout, Merkel Bailout, World News

BRUSSELS — German Chancellor Angela Merkel and other EU leaders flatly rejected a new multibillion euro (dollar) bailout for eastern Europe on S...

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