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New fears of Spanish bailout rise
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Jul 23, 2012
Overseas markets are sliding this morning on new worries about Spain. After last week's bank bailouts, that seemed like an end to the country's crisis, Spain's borrowing costs are up again to 7.5 percent.
Italian debt rating downgraded two levels
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Jul 13, 2012
In Europe today, the focus has shifted from Spain to Italy, in the ongoing EU debt crisis. Moody's credit rating agency has downgraded Italian debt to just two levels above junk status.
Pew poll: 2% of Greeks have good opinion of their economy
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Jul 13, 2012
In a poll of a thousand Greeks, 2 percent said the country has a good national economic situation.
Europeans get vacation 'do-over'
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Jul 6, 2012
In Europe, high courts have upheld workers' right to reclaim vacation days marred by illness or injury.
European contraction impacts U.S. exports
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Jul 2, 2012
Exports have been one of the few bright spots in the U.S. recovery, but they're slowing down.
Euro summit ends with two key agreements
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Jun 29, 2012
A summit of European leaders has yielded agreement on two key points. First, the EU as a whole will lend directly to banks wherever they get into trouble. Second, there's going to be a new agency to supervise banks across the continent.
European leaders reach deal to help banks
Interview by
Jun 29, 2012
There's a big EU summit going on in Brussels today, and it appears leaders have come up with an agreement that may help ease the debt crisis -- at least somewhat.
European leaders meet in Brussels, weigh options
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Jun 28, 2012
EU leaders meet in Brussels today and tomorrow to seek solutions to the continent’s debt crisis, but some observers expect them to achieve little.
Cyprus requests eurozone bailout
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Jun 26, 2012
The tiny Mediterranean island nation of Cyprus is formally asking for a bailout from Europe. The country says it needs more than $10 billion from its eurozone partners to avoid default.
George Soros predicts an EU armageddon
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Jun 26, 2012
The billionaire investor said yesterday there's not a lot of time left for Europe to fix its debt crisis.






