Europe debt crisis

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Greek exit from eurozone seeming more likely

May 14, 2012
The prospect of a new round of elections in Greece is boosting the chances of the country's exit from the euro.
Posted In: Greece, Europe debt crisis

Greece gambling with 'financial armageddon'

May 14, 2012
New elections in Greece could upend the promises the country made to cut budgets in return for bailout money, and lead to Greece leaving the eurozone. Journalist George Christides says the Greek people might not be aware of the consequences.
Posted In: Greece, Europe debt crisis

Signs of contagion from Greek troubles

May 14, 2012
As the possibility rises of Greece leaving the eurozone, borrowing costs are shooting higher in countries like Spain and Italy.
Posted In: Greece, Europe debt crisis

Portugal cuts four public holidays to trim budget

May 9, 2012
The Portuguese government announced plans to abolish four national holiday to help ease that country's debt crisis.
Posted In: Portugal, Europe debt crisis

French election outcome might not deliver

May 4, 2012
If, as expected, socialist Francois Hollande is elected the next president of France this weekend, to what extent will budget realities crimp his ability to ease off the austerity that he believes is hurting the economy?
Posted In: Europe debt crisis, Francois Hollande, France

Should European banks keep more cash in reserves?

May 2, 2012
European finance ministers are meeting today about how much money banks should have around in case of emergency. Banks argue the more that's set aside the less they have to lend and invest.
Posted In: Europe debt crisis, banking

Europe's debt crisis affects jobs, manufacturing

May 2, 2012
For many Europeans, the effects of the debt crisis are felt very close to home -- with unemployment soaring and manufacturing suffering.
Posted In: Europe debt crisis

Thinking about the eurozone as a bar

Apr 30, 2012
Academics find a useful way of describing what kind of crisis the eurozone is facing.
Posted In: Europe debt crisis

Weekend elections could shift focus in Europe

Apr 30, 2012
In a matter of days, two countries at the center of the European debt crisis will hold elections: France is on the verge of electing a socialist as president and Greece may also shake up its leadership. But it's Spain that's causing some heartburn today.
Posted In: Europe debt crisis, spain, France

Euro debt problems flare up in Spain

Apr 30, 2012
Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.
Posted In: spain, Europe debt crisis, recession

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