By Emma Rowley Spain’s prime minister said he is “battling” to get the eurozone’s central bankers to bring down the country’s record borrowing costs, amid…
On a single day, the European Commission said monetary union was in danger of “disintegration” and the European Central Bank said it was “unsustainable” as…
(Reuters) – Euro zone economic sentiment fell more than expected in May, as pessimism among manufacturers and retailers in particular worsened, although consumers became slightly…
BRUSSELS — The European Commission cautioned the new French president against overspending in trying to spur growth and warned that Spain still had a long…
The European bailout of 130 billion euros ($163.4 billion) that was supposed to buy time for Greece is mainly servicing only the interest on the…
European Union countries could be obliged to bail out one another’s struggling banks, according to a draft EU law that marks a big step towards…
By Peter Boone and Simon Johnson In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them. To understand why, first … Continue reading →
Deutsche WelleEU, ECB working on Greece exit contingency-trade commissionerReuters* Endgame for Greece starting – trade commissioner De Gucht * EU not sitting on its hands * Greek exit would not mean end of the euro BRUSSELS, May 18 (Reuters) – The Eur…
There will be more details tomorrow, but it sounds like the next installment will happen in early October. This probably means a large number of public sector layoffs will be announced very soon.
http://www.calculatedriskblog.com/2011/09/report-on-gre…
Bowl of lentil soup/day in the worker’s paradise…
http://www.cnbc.com/id/44512449
China’s premier, Wen Jiabao, said the country remains ready to help Europe through its current debt crisis, but said Europe must recognize China as a full market co…
