Europe debt crisis

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Is the IMF going soft on austerity?

Oct 11, 2012
The head of the International Monetary Fund, Christine Lagarde, wants countries to stop cutting and start spending. In Tokyo today, the leader warned that austerity is making the global economy worse.
Posted In: IMF, Europe debt crisis, Latin America

Red Cross launches appeal for Spanish poor

Oct 10, 2012
The disaster relief agency asks for help to assist those affected by the European debt crisis.
Posted In: spain, red cross, Europe debt crisis

Mass protests in Greece welcome Angela Merkel

Oct 9, 2012
German Chancellor Angela Merkel is in Greece today for her first visit since the European debt crisis began. Greeks aren't laying out the welcome mat though, as masses come out to protest against German-led austerity.
Posted In: Europe debt crisis, Greece, Germany, Angela Merkel

Spain delays bailout, China growth slows

Oct 8, 2012
In Europe, the latest signals are that Spain will not take a bailout in the immediate term. China's economic growth is slowing as investment takes a back seat to consumer spending.
Posted In: spain, Europe debt crisis, Germany, ECB

Is 'bailout fatigue' creeping up in Europe?

Oct 2, 2012
Whispers and nameless sources this morning are signaling Spain is preparing to ask the European Central Bank for a sovereign bailout causing bond and equity markets in Europe to zig and zag throughout the day.
Posted In: spain, Europe debt crisis, bailout, Germany

Despite bad manufacturing, job data -- stocks up in Europe

Oct 1, 2012
September manufacturing wilted in Europe -- and a new unemployment report by the EU shows lots of young people were out of work in August. But European stock markets had a strong day. What gives?
Posted In: Europe debt crisis, European Union, manufacturing

Who says Greece needs to stay in the eurozone?

Oct 1, 2012
As the Greek government prepares to unveil its 2013 budget, some argue it's time to let Greece go from the eurozone.
Posted In: Greece, Europe debt crisis

Spain's government announces tough new budget

Sep 27, 2012
In further austerity measures, the government imposes some $50 billion of tax hikes and spending cuts
Posted In: Europe debt crisis, spain, austerity

Spain gets serious with budget plan, mixed U.S. economic data

Sep 27, 2012
Spain has unveiled an ambitious budget plan. Will it be enough to get the job done? Meanwhile, what does the mixed economic data in the U.S. mean for the economy?
Posted In: spain, Europe debt crisis, economic indicators

What’s up, Europe? Mass protests in Greece and Spain

Sep 26, 2012
Markets are shaken by the mass protests against austerity measures in Greece and Spain. Investors are questioning their earlier optimism over the prospects of recovery in Europe.
Posted In: spain, Greece, Europe debt crisis, Whats up Europe

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