Europe debt crisis

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Eurozone awaits news from European Central Bank

Sep 3, 2012
A survey out this morning shows that manufacturing in the eurozone has fallen for the 13th straight month -- not a great start to what will be a big week for the European Debt Crisis. On Thursday, the head of the European Central Bank, Mario Draghi, is expected to tell us what he meant when he said he'll do "whatever it takes" to save the euro.
Posted In: Europe debt crisis, ECB, Mario Draghi, Angela Merkel

As eurozone leaders return to work, worries resurface

Aug 29, 2012
Europe's politicians are back at work after long summer vacations, but the economic woes that beset the continent then are now back in the headlines.
Posted In: Europe debt crisis

European Central Bank disappoints investors with non-action

Aug 2, 2012
Investors had been hoping that ECB President Mario Draghi would unveil something big to help solve the European debt crisis. Instead, Draghi offered only vague commitments.
Posted In: ECB, Europe debt crisis, Mario Draghi

Chrysler now rescues its savior: Fiat

Aug 1, 2012
Chrysler's sales surge and buoy Fiat, the company that rescued it. The reversal reflects the relative strength of the U.S. economy over Europe.
Posted In: Europe debt crisis, Chrysler, Fiat, Auto

ECB head pledges to do 'whatever it takes' to save euro

Jul 26, 2012
What can the European Central Bank really do to help the euro and what obstacles might be in its way?
Posted In: Europe debt crisis, European Central Bank

Troika inspectors meet in Greece for progress report

Jul 24, 2012
The European Commission, the European Central Bank, and the IMF began meetings in Greece today -- they'd like to know what structural reform progress has been made in return for billions in bailout money.
Posted In: Europe debt crisis, Greece, IMF

Spanish borrowing costs up, German rating may go down

Jul 24, 2012
Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
Posted In: spain, Germany, Europe debt crisis

Spain leads to more woes for Europe

Jul 23, 2012
New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.
Posted In: Europe debt crisis, spain, Greece, IMF

New fears of Spanish bailout rise

Jul 23, 2012
Overseas markets are sliding this morning on new worries about Spain. After last week's bank bailouts, that seemed like an end to the country's crisis, Spain's borrowing costs are up again to 7.5 percent.
Posted In: Europe debt crisis, spain, bailout

Italian debt rating downgraded two levels

Jul 13, 2012
In Europe today, the focus has shifted from Spain to Italy, in the ongoing EU debt crisis. Moody's credit rating agency has downgraded Italian debt to just two levels above junk status.
Posted In: italy, spain, Moody's, Europe debt crisis

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