Eurozone

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In France, an encore for recession

May 15, 2013
France today entered a double-dip recession. It depends on exports to Italy and Spain and they, like many eurozone nations, are still feeling the pinch. Europe's slump is dragging down the global economy.
Posted In: France, Eurozone, recession
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Austerity on agenda as G7 meets near London

May 10, 2013
As the G7 gathers near London, austerity is on everyone's mind.
Posted In: G7, Europe debt crisis, Eurozone, Germany, United Kingdom
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No tax, no bailout? A worst case scenario for Cyprus

Mar 20, 2013
Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.
Posted In: cyprus, Europe debt crisis, Germany, Eurozone
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Is Switzerland no longer a banking haven?

Mar 4, 2013
Voters in Switzerland have approved a referendum to curb executive pay. The move comes less than a week after the European Union announced plans to cap banker bonuses.
Posted In: Switzerland, bonuses, compensation, Eurozone
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EU looks to cap bankers' bonuses

Feb 28, 2013
EU officials have announced an agreement that would restrict the amount bankers can receive as as bonus.
Posted In: Eurozone, banking, salary, bonuses
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Phew! U.S. can't join the euro

Feb 15, 2013
A look at America's debt and deficit trouble through the lens of European economic standards.
Posted In: Eurozone, debt, GDP
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Europe's economy: Recovering or recoiling?

Jan 14, 2013
The head of the International Monetary Fund, Christine Lagarde, had reassuring words this morning about the state of the European economy. But the latest economic numbers tell a different story.
Posted In: Europe debt crisis, Eurozone
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What's up (in 2013), Europe?

Dec 28, 2012
A look at what's in store for the European debt crisis in 2013.
Posted In: Eurozone, Europe debt crisis
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OECD report red flags weakening economy

Nov 27, 2012
The Organization for Economic Cooperation and Development is reaching out to its members -- the rich governments of the world -- to shape up or risk a global economic calamity.
Posted In: global economy, Eurozone
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Can 'Super Mario' Draghi save the eurozone?

Sep 6, 2012
Investors in Europe are calling today "Super Thursday": the day when the head of the European Central Bank Mario Draghi rides to the rescue and saves the euro. Draghi is set to unveil his much-heralded plan to end the eurozone debt crisis.
Posted In: Mario Draghi, Eurozone

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