European Debt Crisis - Trending
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Europeans differ on the euro’s desirability
Jan 19, 2012
The euro has much support in beleaguered Greece and Italy, but in Germany -- the eurozone’s strongest economy -- many wonder if it’s worth the cost.
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S&P downgrades France and Austria from AAA rating
Jan 16, 2012
Right after Wall Street closed on Friday, the ratings agency Standard and Poor's downgraded the credit ratings of nine European countries. France and Austria lost their prized AAA credit ratings.
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Markets not swayed by big eurozone downgrades
Jan 16, 2012
Countries like France and Austria lost their AAA rating in the last Standard & Poor's downgrade -- so why are the markets relatively flat today?
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What the S&P downgrades mean for Europe
Jan 16, 2012
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
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ECB lending plan helping Europe so far
Jan 13, 2012
In Italy, the government was easily able to borrow $4 billion to pay for spending over the next three years. And the head of the European Central Bank says it is evidence that the new European bailout is paying off.
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Merkel and Sarkozy meet to discuss fiscal union
Jan 9, 2012
In Berlin today, German Chancellor Angela Merkel and French president Nicolas Sarkozy meet for the first time this new year to talk about European debt, and treaties to allow for more budget control of eurozone nations.
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European job market struggles more than U.S.
Jan 6, 2012
In Europe, some countries in the north are doing well while in southern countries like Italy and Spain, unemployment is skyrocketing.
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Eurozone may end up failed currency union
Jan 4, 2012
The 17 nations sharing the euro as a common currency struggle to keep the eurozone together. Historically, currency unions have a poor track record.
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European leaders not optimistic for 2012
Jan 2, 2012
Leaders usually like to start the year with optimism, but Angela Merkel and others are finding it hard to see the bright side to the current situation in Europe.
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Has the ECB action helped avert a banking crisis?
Dec 22, 2011
The European Central Bank yesterday printed $640 billion worth of euros, almost the same amount of money as the TARP program used by the U.S. government during the financial crisis in 2008.





