Europe debt crisis

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Cyprus bailout: Depositors face tax, hurry to withdraw cash

Mar 18, 2013
Financial markets in Asia and Europe fell sharply today thanks to the unusual terms of the EU bailout of Cyprus. A tax of up to 10 percent on bank deposits in Cyprus was proposed to defray some of the cost of the bailout.
Posted In: cyprus, bailout, Europe debt crisis

5 things you need to know about Cyprus' economy

Mar 18, 2013
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.
Posted In: cyprus, Greece, bailout, Europe debt crisis

Italy election deadlock reignites debt crisis fears

Feb 26, 2013
The European debt crisis has calmed down a lot in the past few months, but elections in Italy have ended in deadlock and uncertainty is back.
Posted In: italy, Berlusconi, Mario Monti, Europe debt crisis

With no clear victor, uncertainty wins Italy's election

Feb 26, 2013
Global stock markets are falling this morning after preliminary election results in Italy indicate no political party won a clear majority in parliament.
Posted In: italy, election, Europe debt crisis, austerity, Berlusconi

Italy election: Bombastic billionaire Berlusconi versus austerity

Feb 22, 2013
Italian media magnate and former Prime Minister Silvio Berlusconi is seeking re-election at the polls this weekend. But will the country take him back or stick with their austerity agenda?
Posted In: italy, Berlusconi, Europe debt crisis

Europe faces up to the cost of austerity

Feb 22, 2013
Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.
Posted In: Europe debt crisis, austerity, italy, France

The European debt crisis claims a new victim: Bulgaria

Feb 20, 2013
After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.
Posted In: Europe debt crisis, austerity, bulgaria

France's president says no to 'endless austerity'

Feb 5, 2013
Francois Hollande gives his first speech to the European Parliament as head of state.
Posted In: France, Francois Hollande, austerity, Europe debt crisis

Which is scarier: Dow 14,000 or European debt?

Feb 4, 2013
After a week of near-record highs, Wall Street appears worried again -- one of the culprits may be new concerns about the European debt crisis.
Posted In: spain, italy, Europe debt crisis

In Spain, corruption and austerity don't mix

Feb 1, 2013
A bribery scandal in Spain is threatening the government of Prime Minister Mariano Rajoy at a time of austerity and high unemployment.
Posted In: spain, corruption, austerity, Europe debt crisis

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