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Eurozone Debt Crisis

Why Europe Is Spooking Stock Markets

David Dagan | Posted 12.19.2014 | Business
David Dagan

The stock markets have picked up a bad case of the jitters recently, providing more fodder for the theory that investors don't do well with the approach of Halloween.

Austerity Is Not the Answer for the Eurozone

Iván H. Ayala | Posted 02.08.2014 | Impact
Iván H. Ayala

The reality is that the "austerity," imposed by elites and governments, has led us to an untenable macroeconomic situation.

The Bank Guarantee That Bankrupted Ireland

Ellen Brown | Posted 01.23.2014 | Business
Ellen Brown

The Irish have a long history of being tyrannized, exploited, and oppressed -- from the forced conversion to Christianity in the Dark Ages, to slave t...

Typo Blamed For Adding $13 Billion To Spanish Debt

The Huffington Post | Ryan Grenoble | Posted 10.03.2013 | Business

Nobody likes typos; right now, Spain's Economy Ministry must particularly hate them. Four days after publishing the 2014 public debt forecast, Span...

The Celtic Tiger Is Dead. Long Live The Celtic Tiger.

Ranjit Dighe | Posted 08.20.2013 | College
Ranjit Dighe

Northern Ireland was the perfect place for this week's G8 summit. These meetings are supposed to promote peace and prosperity, and Northern Ireland, s...

Eleazar David Melendez

The Next Cyprus? This Tiny Country Of 2 Million Could Be The Next Bailout Contender

HuffingtonPost.com | Eleazar David Melendez | Posted 04.12.2013 | Business

In the ongoing European financial crisis, another country has emerged as the focus of serious bailout concern. Slovenia is spooking global markets tha...

Cyprus Banking Crisis Goes From Bad To Worse

Sheldon Filger | Posted 06.12.2013 | Business
Sheldon Filger

Just when everyone thought the Cypriote banking disaster could not get any worse -- how can it get worse when the government is desperate enough to steal bank depositors' money -- it has suddenly become much worse.

Mark Gongloff

After Cyprus Bailout Deal, Europe's Problems Worse Than Ever

HuffingtonPost.com | Mark Gongloff | Posted 03.25.2013 | Business

Cyprus may have been saved from disaster, but don't be fooled: Europe is still a hot mess. In the middle of the night on the continent, officials m...

Banking Debacle in Cyprus; Grand Theft Auto in Brussels

Sheldon Filger | Posted 05.21.2013 | World
Sheldon Filger

As with other Eurozone economies whose private banks faced insolvency, the Eurozone rescue specialists in Brussels offered a bailout package to save the banks, with strings attached. In the specific case of Cyprus, the terms were especially onerous.

Krugman Levels Dire Warning On Cyprus Bailout

Posted 03.17.2013 | Business

European leaders are essentially inviting their fellow countrymen to make a run on the banks, according to Paul Krugman. The Nobel Prize-winning e...

Crisis-Ridden European Nation Delays Crucial Vote

AP | MENELAOS HADJICOSTIS | Posted 05.17.2013 | Business

NICOSIA, Cyprus — Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax ...

Eurozone Gets Some Good News

AP | By PAN PYLAS | Posted 04.03.2013 | Business

LONDON (AP) — Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of econom...

Why I Am Proud to Be (Also) European Today

Vivian Norris | Posted 02.09.2013 | World
Vivian Norris

Congratulations to the European Union today on its well-deserved Nobel Peace Prize! And as we toast Europe we can know that across this great continent there are many millions of proud Europeans who feel that they are closer now than ever before, and focused on solutions and a better future for all.

Oslo Peace Prize Ceremonies Are Turning Point for Europe

Nathan Gardels | Posted 02.02.2013 | World
Nathan Gardels

Symbolically, the Oslo ceremonies are an historical turning point for Europe. By recognizing the European Union's peacemaking past, the Nobel Prize challenges Europe to escape once and for all the destructive pull of narrow national interests and passions.

The Politics of Fear

George Papandreou | Posted 01.29.2013 | World
George Papandreou

My recent experience in dealing with the financial crisis in Greece and in Europe has confirmed my belief that this is a political crisis more than a financial one. In trying to confront its fiscal deficit, Europe has run up a democratic deficit.

The Turkish Economy Meets EU Entry Criteria

Recep Tayyip Erdogan | Posted 01.28.2013 | World
Recep Tayyip Erdogan

Turkey today is strong and resilient. But there is more to be done to improve our performance and build proactively on this foundation.

'What Was Neglected Over Years, Over Decades, Cannot Be Taken Care Of Overnight'

Reuters | Posted 01.21.2013 | Business

BERLIN, Nov 21 (Reuters) - German Chancellor Angela Merkel said on Wednesday she sees a chance for a deal to release emergency aid for Greece at a m...

BP Gets Slap On The Wrist, Others Still Suffer

The Huffington Post | Jillian Berman | Posted 11.16.2012 | Business

Mark Gongloff is off the newsletter this morning so today's 7.5 Things are brought to you by Jillian Berman. Thing One: BP's Fine Kind Of NBD: In t...

Shifting Tectonic Plates Under Global Banking

Otaviano Canuto | Posted 12.24.2012 | World
Otaviano Canuto

The global financial crisis has reversed an expansionary trend of international activities by banks from advanced countries that had been at play for decades.

Eurozone Debt Grows To Insane Level

Reuters | Posted 12.24.2012 | Business

By Jan Strupczewski BRUSSELS, Oct 24 (Reuters) - Euro zone government debt rose to 90 percent of the single currency area's gross domestic produ...

Could Prostitution Classes Solve Spain's Jobs Crisis?

Posted 09.25.2012 | World

Could the world’s oldest profession be the newest solution to Spain's jobs crisis? “Immediate opportunity! Professional prostitution classes. V...

'There Will Probably Be No More Money'

Reuters | Posted 11.15.2012 | Business

* IMF's Lagarde says more time for Greece is one option * Ministers, heads of state to decide Athens' fate in October B...

Europe Unveils Dramatic Plan To Solve Crisis

Reuters | Posted 11.11.2012 | Business

* Banking union plan would be step towards integration * Proposal foresees ECB getting powers to police banks * Germany ...

Court Rejects Calls To Block Permanent Eurozone Rescue Fund

AP | DAVID McHUGH | Posted 11.11.2012 | Business

KARLSRUHE, Germany (AP) — Germany's highest court paved the way Wednesday for the creation of Europe's €500 billion ($640 billion) rescue fund for...

Why China's Premier Wen Jiabao Is 'Worried' Over Eurozone Debt Crisis

Sheldon Filger | Posted 11.04.2012 | Business
Sheldon Filger

If Chinese Premier Wen Jiabao is concerned about the Eurozone debt crisis, than it is a signal for just about every other major economy to start sweating bullets.