Eurozone

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

Sheldon Filger | Posted 09.18.2009 | Business


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.

IMF Urges Eastern Europe To Adopt Euro Without Joining Eurozone

Financial Times | Posted 05.07.2009 | World


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

Euro Nears Record $1.60 Mark

Financial Times | Peter Gamham | Posted 04.24.2008 | Business


The euro hit a record high against the dollar and the pound on Wednesday after data showed eurozone inflation hits its highest level since the introdu...