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Europe awaits Slovakia's decision on bailout fund

Oct 11, 2011
A vote in Slovakia today could mean an expansion of the size of the euro bailout fund.

European leaders promise plan to save eurozone banks

Oct 10, 2011
Over the weekend, French President Nicholas Sarkozy and the German Chancellor Angela Merkel agreed to craft a plan to save Europe's banks.

Greece's debt crisis: The impact on the middle class

Oct 4, 2011
The BBC's Paul Mason discusses the dissatisfaction and anger Greek's feel over their economic crisis, and what's next if there is only more pain ahead.

European bank Dexia brought down by euro debt crisis

Oct 4, 2011
Europe has been worried about the banking system being hurt by the bad debt of countries like Greece, Spain, and Italy. Now the bank Dexia is being propped-up by the governments of France and Belgium.
Posted In: Banks

German leaders saw advantage in passing bailout fund

Sep 29, 2011
The European Union leaders had decided on a bailout plan to save their economy, but it had to wait for the German parliament to ratify the deal. That was not set in stone.

European Commission head delivers speech on state of EU

Sep 28, 2011
Jose Manuel Barroso spoke today on the state of the European Union, promoting a new formal tax proposal and calling for greater unity amongst the countries in this time of struggle.

Greek prime minister in Germany to garner support for bailout

Sep 27, 2011
Greek Prime Minister George Papandreou visits Germany today, in an effort to convince Chancellor Angela Merkel -- and the German people -- that Greece deserves another chance.

Possible euro debt solution: Partial Greek default, $3 trillion bailout

Sep 26, 2011
Reports are leaking out of Europe today that a possible large-scale plan to solve the debt crisis in Europe is taking shape. The plan could include a multi-trillion dollar bailout.

A surprise reaction to Federal Reserve monetary stimulus

Sep 22, 2011
The Federal Reserve announced its plan of attack yesterday to help stimulate the economy. So why are global markets reacting so negatively?

Dutch tulips held hostage in Romania

Sep 20, 2011
Romanian officials have seized truckloads of Dutch tulips at the border this week, claiming they could be contaminated with a dangerous bacteria. It turns out, much more than flowers are at stake.
Posted In: Travel

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