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

Uncertainty lingers in Spain after bond auction

Jun 7, 2012
Spain raised $2.6 billion in a bond sale this morning, but the higher interest rate of 6.1 percent shows that investors are still concerned that Spain has not wiped their hands clean of the financial mess just yet.
Posted In: spain, bonds, interest rates, Europe debt crisis

Market hope hangs on Bernanke

Jun 7, 2012
All eyes are on Federal Reserve Chairman Ben Bernanke today as he testifies today on Capitol Hill and announces his plans for interest rates and quantitative easing.
Posted In: Federal Reserve, interest rates, Europe debt crisis, Ben Bernanke

What's Up, Europe? Who's the most depressed?

Jun 7, 2012
Europe correspondent Stephen Beard has embarked on a eurozone pub crawl, finding out how people in the continent's watering holes are feeling about their financial future.
Posted In: Europe debt crisis, What's up Europe, A man walks into a bar

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

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

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

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