The bank, much larger than SVB, found problems in its financial reporting. Its Saudi funders ended support, but Swiss officials may step in.
The eurozone, the world's largest currency bloc, is both a blueprint and cautionary tale for the two countries.
As borrowing costs rise across the 19 nations that use the euro, worries about the currency bloc's stability grow.
Like the U.S., Europe is also trying to cope with surging inflation. But so far, the ECB has avoided hiking interest rates as a way to deal with it. That looks like it's about to change.
The continuing political stalemate could hamper economic growth.
Could a proposed Italian government bond turn into a parallel currency ... and replace the euro?
Some Greeks fear their country may struggle once bailouts end.
The European Central Bank announced today it is doing something the Federal Reserve has been doing for several years now: It’s taking its foot off the gas pedal of the economy — in this case, the eurozone economy. Specifically, it’s ending its practice of buying up bonds. So is the eurozone back on track? Click […]
Here are some of the trends identified in the Stratfor Worldview's annual forecast.
Portugal, Italy, Ireland, Greece and Spain show signs of economic recovery.