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In the Middle Of The Euro Crisis, These 12 EU Countries Sunk Even Further Into Debt

APDespite the fact that European countries have bailed out Greece and Ireland, and countries like Hungary were facing harsh criticism for not reducing their GDP to debt ratios, new data from Eurostat (pdf) shows that of the 27 countries in Europe, 21 had a higher ratio in the third Quarter of 2011 than the year [...] [...]

Debt crisis must be solved in the open

Leading by example: Republican Senator Saxby Chambliss and Democrat Mark Warner came together for public meetings on national debt in each of their home states.Robert L. Bixby is the executive director of the Concord Coalition, a nonpartisan, grassroots organization that supports fiscal responsibility. He can be reached at bixby@concordcoalition.org.Well, the super committee gave up. But [...] [...]

Euro area crisis threatens EU sovereign rating – Moody’s

People stop to look at a map of Europe, which is part of a marble world planisphere, in Lisbon August 14, 2011. Credit: Reuters/Jose Manuel Ribeiro/FilesREUTERS – Moody’s Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings.“While Moody’s [...] [...]

For The First Time In The Euro Crisis, There’s Talk Of A Solution That Could Actually Work

I’ve been very clear about my position on Europe for the last year.  Further integration can work and European leaders should seek to move towards completing their flawed monetary union so as to rectify the trade imbalance at the root of this crisis.  This position hasn’t been well received for many reasons, but it’s now [...] [...]

Fed’s Yellen urges Europe to act on crisis

By Ann SaphirCHICAGO (Reuters) – The euro zone’s debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve’s No. 2 official warned on Friday as she urged bold action by Europe.“Concerns about European fiscal and banking issues have contributed to strains in global financial markets that pose significant downside risks to [...] [...]

Fed’s Yellen urges Europe to act on crisis

By Ann SaphirCHICAGO (Reuters) – The euro zone’s debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve’s No. 2 official warned on Friday as she urged bold action by Europe.“Concerns about European fiscal and banking issues have contributed to strains in global financial markets that pose significant downside risks to [...] [...]

Fed’s Yellen urges Europe to act on crisis

By Ann SaphirCHICAGO (Reuters) – The euro zone’s debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve’s No. 2 official warned on Friday as she urged bold action by Europe.“Concerns about European fiscal and banking issues have contributed to strains in global financial markets that pose significant downside risks to [...] [...]

Fed’s Yellen urges Europe to act on crisis

By Ann SaphirCHICAGO (Reuters) – The euro zone’s debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve’s No. 2 official warned on Friday as she urged bold action by Europe.“Concerns about European fiscal and banking issues have contributed to strains in global financial markets that pose significant downside risks to [...] [...]

Fed’s Yellen urges Europe to act on crisis

By Ann SaphirCHICAGO (Reuters) – The euro zone’s debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve’s No. 2 official warned on Friday as she urged bold action by Europe.“Concerns about European fiscal and banking issues have contributed to strains in global financial markets that pose significant downside risks to [...] [...]

Europe: New leaders, same debt crisis

Newly nominated Italian Prime Minister Mario Monti speaks to the press after being appointed on Nov. 13, 2011, at the presidential palace in Rome.NEW YORK (CNNMoney) — Europe’s debt crisis is far from over. The appointment of ‘technocrats’ (read political outsiders) to replace ineffective prime ministers in Greece and Italy may have helped ease the [...] [...]

SNAPSHOT-Main developments in the euro zone debt crisis

Sorry, I could not read the content fromt this page. Social BookmarkingCheck more:In the Middle Of The Euro Crisis, These 12 EU Countries Sunk Even Further Into DebtDebt crisis must be solved in the openEuro area crisis threatens EU sovereign rating – Moody’sFor The First Time In The Euro Crisis, There’s Talk Of A Solution [...] [...]

Euro bonds: Magic bullet for debt crisis?

Rates for 10-year bonds in Germany, the Netherlands and France are low. But higher rates in Portugal, Ireland, Italy, Spain and Greece are troubling. A euro bond could help push rates lower. NEW YORK (CNNMoney) — Many key European nations share a common currency, but not a common debt load. That has to change. Now. [...] [...]

Stocks: Worst day since 2008 financial crisis

The Dow has now lost all of the ground it gained in 2011. Click the chart for more stock market data. NEW YORK (CNNMoney) — In their single worst day since the 2008 financial crisis, stocks plunged Thursday, with the Dow tumbling 512 points, as fear about the global economy spooked investors. “The conventional wisdom [...] [...]