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OECD issues European recession warning

May 22, 2012
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.
Posted In: Organization for Economic Cooperation and Development (OECD), ECB, Europe, eurobond

France's new president meets Germany's leader

May 15, 2012
New French President Francois Hollande flew to Berlin to meet with German Chancellor Angela Merkel. The two differ over the eurozone’s best course.
Posted In: Europe, Francois Hollande, Angela Merkel, Eurozone

How JPMorgan's loss may affect European banks

May 11, 2012
Europe correspondent Stephen Beard discusses what Europe thinks about JPMorgan's $2 billion blunder and how it might impact how European banks do business.
Posted In: JPMorgan, Europe

Protesters come out for International Workers' Day

May 1, 2012
It's International Workers' Day -- organized by unions and left-leaning political parties across the world. Thousands of protesters are out on the streets in Greece, France and even Russia.
Posted In: Europe, strike, workers

General Electric, McDonald's report earnings

Apr 23, 2012
McDonald's said today its profits were up 7 percent last quarter, thanks to a 9 percent rise in U.S. restaurant sales and a 5 percent boost in Europe. Also General Electric reported an 11 percent drop in profit during the first three months of the year.
Posted In: McDonald's, General Electric, Europe

As France runs out of cash to borrow, politics could shift

Apr 19, 2012
France will try to borrow a lot more money today. But the low borrowing costs the country has seen every since the European Central Bank handed out a trillion dollars in emergency loans are no longer a sure thing -- that money may be running out.
Posted In: Europe, France, nicolas sarkozy

Markets feeling the ripples from Europe and earthquake

Apr 11, 2012
There were several massive earthquakes off the coast of Indonesia today, triggering tsunami warnings across the Indian Ocean. Those warnings have been cancelled and no serious damage has been reported so far.
Posted In: markets, tsunami, Europe, bonds

Europe reacts to Fed stress test news

Mar 14, 2012
While U.S. stock markets reacted positively to the stress test news, some analysts in Europe still worry about the volatility of CitiGroup.
Posted In: Europe, stress tests, Citigroup, Federal Reserve

Did writing off debt in Greece count as a default?

Mar 9, 2012
In Greece, private investors have agreed to write off about 75 percent of their loans to the country.
Posted In: Greece, credit default swaps, Europe, default

The next crisis in Europe?

Mar 8, 2012
If Greece will soon be out of the woods, at least temporarily, other European nations are still at risk of financial collapse.
Posted In: Greece, Europe

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