Europe debt crisis

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Spain succeeds in bond auction despite high borrowing cost

Jun 7, 2012
Spain's government raised $2.6 billion at a bond auction this morning, but their financial crisis still looms with the banking system and government propping each other up.
Posted In: spain, bonds, Europe debt crisis

Germany feels pressure of euro crisis

Jun 6, 2012
The credit rating agency Moody's downgraded seven German banks today, noting their exposure to Europe's debt problems and slower economic growth.
Posted In: Germany, austerity, Europe debt crisis, Moody's

Euro crisis tests role of ECB

Jun 6, 2012
There was no cut in interest rates from the European Central Bank today, but some would like the ECB to take action soon.
Posted In: ECB, Europe debt crisis, interest rates, Mario Draghi

What's up, Europe? Italy looks forward

Jun 6, 2012
Italians are holding out hope that a meeting of European leaders on June 28 will prove to be a turning point in the euro crisis.
Posted In: italy, Europe debt crisis, Whats up Europe

G7 leaders to hold emergency conference call

Jun 5, 2012
Finance ministers from the world's seven leading industrialized nations are holding an emergency conference call today to discuss the eurozone crisis.
Posted In: Europe debt crisis, G7

Is it time for the U.S. to borrow big?

Jun 5, 2012
Spain nears a credit crisis, worldwide markets are down, and U.S. borrowing costs near zero. Some economists argue this economic instant is the best time for the U.S. government to invest in infrastructure projects.
Posted In: spain, Europe debt crisis, U.S., interest rates

What's Up, Europe? Shock and numbness in Greece

Jun 5, 2012
The spotlight of the eurozone crisis moves to Spain, but no one has forgotten Greece. While the official unemployment rate there is above 21 percent, many more are working without pay.
Posted In: Greece, Europe debt crisis, Whats up Europe

Fears of global slowdown sink markets

Jun 4, 2012
Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report that came out on Friday. But the negative market sentiment isn't just about jobs.
Posted In: emerging markets, China, Europe debt crisis, spain

Portugal's banks get $8 billion bailout

Jun 4, 2012
Today three big banks in Portugal were forced to draw on $8.25 billion worth of European Union bailout money to weather the current financial storm. Portugal has been slogging through very tight budgets in order to be eligible for money like this.
Posted In: Portugal, Europe debt crisis, recession

What's up, Europe? French president meets Putin, life goes on

Jun 1, 2012
What might an American audience appreciate about the news in Paris right now, and what's on everybody's mind in France?
Posted In: France, Europe debt crisis, Vladimir Putin, Francois Hollande, Whats up Europe

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