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Euro Zone

European Markets Tumble

Reuters | Posted 12.16.2014 | Business

* FTSEurofirst 300 falls 1 pct, hits 13-month low * Euro zone banking index falls 2.7 percent * Getinge slumps 15 pct af...

IMF Report--Europe Is Becoming Japan

Harlan Green | Posted 12.09.2014 | Business
Harlan Green

The International Monetary Fund doesn't want to say it outright, but its latest World Economic Outlook shows more stagnation of the European and Japanese economies, and the possibility of a third EU recession since 2008.

A Test in France

Milton Ezrati | Posted 12.06.2014 | World
Milton Ezrati

Since France cannot avoid the burdens of austerity, its only effective economic answer is the fundamental reform that Hollande is now promising the EU.

If 2 Percent Is the New 4 Percent, Where Would the Economy Go From There? Let's Think It Uber!

Terry Connelly | Posted 08.12.2014 | Business
Terry Connelly

Renting a house, snagging a ride on your smartphone, and de-leveraging your balance sheets would truly be a new American way, with tremendous implications for policymakers including the Fed if a geopolitical or natural disaster hit and it was stuck at an already low interest rate.

The True Cost Of A Financial Crisis

Reuters | Posted 01.23.2014 | Business

* Study sees falling life satisfaction in crisis-hit countries * Trust in government also in decline in wake of crisis ...

Merkel: Letting Greece In Euro Zone Was 'Fundamentally Wrong'

Agence France Presse | Frank Zeller | Posted 10.28.2013 | World

German Chancellor Angela Merkel has charged, a month before elections, that struggling Greece should never have been allowed into the eurozone, blamin...

5 Reasons Not To Get Excited About The Eurozone Recession's 'End'

The Huffington Post | Mark Gongloff | Posted 08.14.2013 | Business

One quarter of positive GDP does not a recovery make. Europe's gross domestic product grew 0.3 percent in the second quarter from the quarter befor...

Greece Secures Another Eurozone Lifeline

Reuters | Annika Breidthardt and Martin Santa | Posted 09.07.2013 | Business

* Athens to get staggered payments over course of 2013 * Euro zone countries will pay 2.5 bln eur in July, rest later *...

Mark Gongloff

ECB Rate Cut Is Too Little, Too Late

HuffingtonPost.com | Mark Gongloff | Posted 05.02.2013 | Business

European policy makers have rushed to the aid of their lifeless economy, cutting interest rates and promising that more help is on the way. Too bad th...

How to Sustain Recent Financial Gains: Fix Old Risks and Meet New Challenges

José Viñals | Posted 06.17.2013 | Business
José Viñals

Policymakers' decisive actions since our last report in October have increased global financial stability by reducing acute risks. In the euro area,...

Eurogroup Chief: Cyprus Deposit Tax 'Inevitable'

Reuters | Posted 05.21.2013 | Business

* Cyprus poses a systemic risk the euro zone -Eurogroup president * Euro zone bailout still on the table, Jeroen Dijsselbloem says ...

Cyprus Works Furiously On Plan B

AP | MENELAOS HADJICOSTIS and ELENA BECATOROS | Posted 05.20.2013 | Business

NICOSIA, Cyprus -- Banks in Cyprus will not open before Tuesday at the earliest as government officials try to find a new plan to stave off financial ...

At Least We're Not Europe

The Huffington Post | Mark Gongloff | Posted 03.14.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Euro Zone Unemployment Hits All-Time High

Reuters | Posted 05.01.2013 | Business

* Euro zone inflation rate falls to 1.8 percent in February * Unemployment hits new high of 11.9 percent in January By E...

Here's What You Don't Know About The Big Mac

Reuters | Posted 04.08.2013 | Business

BRUSSELS (Reuters) - Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing wh...

The Euro: Bad Idea, Poorly Executed, Hard to Fix

David Backus | Posted 12.15.2012 | Business
David Backus

The euro crisis combines, in our view, a sovereign debt crisis and a banking crisis, with mutually adverse feedback between the two. But design flaws in the system magnified their impact and feedback.

The European Budgetary Pact

Salim Lamrani | Posted 12.14.2012 | World
Salim Lamrani

The Treaty on Stability, Coordination and Governance, which imposes austerity policies as the only possible standard, is doomed to failure and inevitably worsens the economic crisis in a Europe that is already in recession.

Single Euro-Zone Budget Gains Momentum Ahead Of Summit

Reuters | Posted 12.07.2012 | Business

By Luke Baker BRUSSELS, Oct 7 (Reuters) - Debate about the idea of creating a separate budget for euro zone countries is intensifying...

QE-ternity and Beyond

Michael Farr | Posted 09.21.2012 | Business
Michael Farr

Surprise! The Federal Reserve did something pretty much no one thought they would do: they announced dramatic additions to monetary accommodation less than two months before the elections.

Bernanke's QE3 Challenge

Harlan Green | Posted 11.15.2012 | Business
Harlan Green

Probably the most convincing evidence that Quantitative Easing works is the revival of housing sector. Economists agree that the collapse of housing values is a major deterrent to consumer spending. Housing could finally begin to recover this year.

Mark Gongloff

Worst Day In a Month For Stocks

HuffingtonPost.com | Mark Gongloff | Posted 07.23.2012 | Business

The European debt crisis is back with a vengeance. Spanish borrowing costs soared for a third straight day on Monday, reaching dangerous levels, as...

Risks to Financial Stability Increase, Bold Action Needed

José Viñals | Posted 09.16.2012 | Business
José Viñals

Emerging economies are facing a twin challenge: dealing with the impact from advanced economies' troubles, while confronting increasing home-grown vulnerabilities.

Austerity Policy Has Pushed Europe to the Brink

Curtis Roosevelt | Posted 08.26.2012 | Business
Curtis Roosevelt

The continual gatherings of heads of state, such as the one just concluded in Rome of Germany, France, Greece and Italy, reassure us that the euro will be saved. But the means to do so seem to be as elusive as ever.

Mark Gongloff

This Will Make You Care About The Crisis In Europe

HuffingtonPost.com | Mark Gongloff | Posted 06.12.2012 | Business

Hello, American reader. We know there are things in this world you care very deeply about: The NBA finals, the "True Blood" premiere, Apple's shiny ne...

Mark Gongloff

Big Questions Remain After Spanish Bailout

HuffingtonPost.com | Mark Gongloff | Posted 06.09.2012 | Business

While European soccer players were expertly kicking the ball down the field this weekend in the Euro 2012 tournament, European finance ministers were ...