iOS app Android app

Euro Zone Crisis

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 ...

Bank Chief: ECB Cannot Solve Euro Zone Crisis

Reuters | Posted 09.06.2013 | Business

* Calls for governments to press ahead with reforms * Wants abolition of implicit guarantees for banks and sovereigns *...

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 ...

Stocks Fall On Cypriot Bailout Plan

Reuters | Posted 03.18.2013 | Business

NEW YORK, March 18 (Reuters) - U.S. stocks dropped on Monday, after a plan to tax bank accounts in Cyprus to help pay for the country's bailout stoked...

Italian Election Results Renew Euro Zone Crisis Fears

Reuters | Posted 04.28.2013 | World

By Sudip Kar-Gupta LONDON, Feb 26 (Reuters) - European shares tumbled on Tuesday after an Italian election stalemate threatened a rene...

Italian Election Results Have Investors Worried

Reuters | Posted 04.27.2013 | World

* Beppe Grillo's 5-Star Movement stuns Italy * Centre-left coalition wins lower house but fails to control Senate * Fin...

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...

WORST DAY OF THE YEAR

Reuters | Posted 02.04.2013 | Business

* Factory orders hint of U.S. economy weakness * CBOE Volatility index surges as investors turn cautious * Spanish and Italian political uncerta...

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...

The European Debt Crisis: An Alternative Solution

Aris Protopapadakis | Posted 09.17.2012 | Business
Aris Protopapadakis

Greece, Ireland, Italy, Portugal and Spain are becoming increasingly uncompetitive economically relative to Germany. A higher average inflation rate in Germany can help reverse this slide.

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...

President Of Estonia Slams 'Smug, Overbearing & Patronizing' Krugman

The Huffington Post | Melissa Jeltsen | Posted 06.06.2012 | Business

The president of Estonia chewed out Paul Krugman on Wednesday, using Twitter to call the Nobel Prize-winning economist "smug, overbearing & patronizin...

Avoiding a Lost Generation

Nemat Shafik | Posted 05.16.2012 | Business
Nemat Shafik

To solve the problems of youth unemployment restoring global growth is crucial, as are policies to support job creation and credit. None of this can be achieved without global cooperation.­

At Citi, 'Disappointing And Unacceptable' Revenue May Mean More Layoffs

Reuters | Posted 03.26.2012 | Business

Jan 25 (Reuters) - Citigroup Inc said it may make further cuts in its securities and banking unit in 2012 if revenue does not pick u...

The Hate-Europe Movement Hits a Snag

Steve Kettmann | Posted 03.21.2012 | Business
Steve Kettmann

No one should underestimate the severity of the crisis gripping the Euro zone. But press speculation on the euro's demise -- often with the tone that it was about to happen -- any second! -- has been more about media fashion than understanding of Europe.

European Crisis: Pressure For More ECB Action After Summit Falls Short

Posted 12.14.2011 | Business

PARIS/FRANKFURT (Paul Taylor and Paul Carrel) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after fin...

Hints Europe's Crisis May Already Be Taking Toll On Corporate America

Posted 12.10.2011 | Business

NEW YORK (Caroline Valetkevitch) - On top of euro zone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession ...

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?

European Consumer Sentiment Hits Lowest Level In Years

Posted 11.29.2011 | Business

BRUSSELS (Robin Emmott) - Worries about the euro zone's debt crisis worsened in November and dragged the European Commission's economic and consum...

'Awful' Italian Debt Sale Heightens Eurozone Stress

Posted 11.28.2011 | Business

MILAN (Valentina Za) - Italy paid a record 6.5 percent to borrow money over six months on Friday and its longer-term funding costs soared far abov...

The Debt Iceberg: What's at Stake?

Lydia Fisher | Posted 01.11.2012 | Business
Lydia Fisher

In 2008, private-sector bad debts were absorbed by governments. Who will absorb government debts? Will the only outlet be expansionary monetary policy?

OECD: Europe Headed Toward Sharp Economic Slowdown

Posted 12.31.2011 | Business

The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence i...

EU: Taxing Financial Transactions Would Raise Billions

Posted 11.28.2011 | Business

STRASBOURG, France, Sept 28 (Reuters) - The European Union's executive proposed a bloc-wide tax on financial transactions that would set a rate of...

European Interest Rate Hike Expected In July

Posted 08.06.2011 | Business

FRANKFURT (Sakari Suoninen) - The European Central Bank is likely to signal a July interest rate rise on Thursday while continuing to provide bank...