Europe debt crisis


Portugal on verge of collapse, euro crisis flares

Jul 3, 2013
Europe's financial crisis flared anew on Wednesday, after Portugal's finance minister quit and the government teetered on the edge of collapse.
Posted In: Portugal, Europe debt crisis

Croatia joins EU after decade of negotiations

Jul 1, 2013
The EU gets its first new member in six years, but it's something less than a celebration.
Posted In: Croatia, European Union, Europe debt crisis

EU reaches deal to shield taxpayers from bank failures

Jun 27, 2013
After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures.
Posted In: banking, bank bailout, Europe debt crisis

Is Italy headed for a Greece-style bailout?

Jun 25, 2013
Italy might need a bailout within six months. So warns Italy's second largest bank, MedioBanca, according to Britain's Daily Telegraph.
Posted In: italy, Europe, Europe debt crisis, bailout

Latvia wants to join the eurozone. Why?

Jun 5, 2013
Despite the crisis, there are still benefits of being a member of the eurozone club.
Posted In: latvia, Eurozone, European Union, Europe debt crisis

EU unemployment hits 12.2%, 'Blockupy' activists protest ECB

May 31, 2013
European unemployment hit a new record high in April. 12.2 percent, or about 20 million people, across the 17 countries that use the euro are out of work.
Posted In: Europe debt crisis, Unemployment, Eurozone, ECB

Mighty Germany gets a wake up call about unemployment

May 29, 2013
The number of unemployed Germans rose more than four times what analysts had expected in May. Still Europe's largest economy held onto its jobless rate of 6.9 percent -- lower than the majority of euro zone countries.
Posted In: Germany, Unemployment, Europe debt crisis

Austerity on agenda as G7 meets near London

May 10, 2013
As the G7 gathers near London, austerity is on everyone's mind.
Posted In: G7, Europe debt crisis, Eurozone, Germany, United Kingdom

EU faces second year of recession

May 3, 2013
For the first time in history, the 17 nations that use the euro are headed for two years of back-to-back recession, according to the European Commission.
Posted In: Europe debt crisis, recession

European Central Bank cuts interest rate to record low

May 2, 2013
The European Central Bank (ECB) has cut interest rates to a record low of 0.5 percent. But how much stimulus can the ECB really provide?
Posted In: ECB, interest rates, Federal Reserve, Europe debt crisis