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Monday, August 13, 2012

Debt crisis: Germany ready to block Greek aid if country misses targets

Debt crisis: Germany ready to block Greek aid if country misses targets
Debt crisis: Germany ready to block Greek aid if country misses targets. Germany will block any new aid to ailing Greece if Athens does not fully comply with the terms of previous rescue packages, even if other ... Business Latest News ». In Financial ...


AIG latest to make capital flight from eurozone - Telegraph: "AIG, the insurance giant, is pulling some of its cash out of the eurozone in the latest sign of corporate capital flight from the debt stricken continent." 

Five years on, the Great Recession is turning into a life sentence - Telegraph: "Five years into the Long Slump it almost seems as if we are back to square one."

Ryan pick shows Romney is focused on solving America's financial crisis
Fox News
The selection of Mr. Ryan sends a very different message – that Romney is focused on solving the nation's financial crisis. With his background in finance and his stint as governor, Mr. Romney brings credible credentials to this task. With the choice ...

Continental AG feeling impact of debt crisis: CFO
German auto parts maker Continental AG is being affected by the euro zone's debt crisis as southern Europeans buy fewer cars, the company's chief financial officer said in an interview published Sunday. "We are noticing that fewer cars are being sold ...

Euro-zone Disaster Zone, Breaking Up is Hard to Do, Who do You Trust?
The Market Oracle
Euro-zone Disaster Zone, Breaking Up is Hard to Do, Who do You Trust? - 12th Aug 12 ...Economics / Eurozone Debt Crisis Aug 12, 2012 - 09:57 AM .... Which is why Mr. Monti is frustrated with the whole parliamentary process of dealing with the euro crisis.

Euro crisis' knock-on effect
The Zimbabwe Standard
The debt crisis in the euro zone, the main market for Mauritius' exporters, has dampened demand for exports such as textiles and slowed tourist arrivals to the Indian Ocean island, denting economic growth. A slowdown in sugar production also dragged on ...

Euro Crisis—Before the Collapse
In its latest piece on the tensions being created within Europe by Germany's tough stand in the face of the imminent collapse of certain European Union economies, German-Foreign-Policy.com muses that “[w]hile Berlin continues to block any crisis ...

Finland PM says still against ECB bond buys -magazine
BERLIN Aug 12 (Reuters) - Finland remains critically opposed to the European Central Bank's readiness to buy Spanish and Italian sovereign bonds as a means to battle the euro zone debt crisis, Prime Minister Jyrki Katainen told German magazine Der ...

China, Europe Putting Brakes on Russian Economic Growth
The Moscow Times
Russia's economic expansion eased in the second quarter to the slowest pace in a year as weaker growth in China and Europe's debt crisis curbed demand for its commodities exports. Gross domestic product rose 4 percent from a year earlier, the weakest ...

The Moscow Times

OECD supports ECB plan to buy sovereign bonds
Business Recorder (blog)
The ECB's Mario Draghi had explained clearly how the ECB could help defuse the euro zone debt crisis by buying sovereign bonds, Gurria told the Saturday edition of the Neue Osnabruecker Zeitung, adding: "I support his course of action." The ECB ...

6 Documentaries on the European Sovereign Debt Crisis - Wall ...
6 Documentaries on the European Sovereign Debt Crisis. From: GuruFocus New Articles - 10:17pm - August 11, 2012. By EconGrapher. Read more » ». Continue reading this article » ...

Financial crisis, five years on: trust in banking hits new low ...
Royal Bank Of Scotland / financial crisis anniversary ... George Osborne, in a bid to reduce the national debt, and pressure from the debt crisis on the continent.

German Austerity's Lutheran Core
New York Times
Since the beginning of the euro crisis, this reductionism, which can be found inside Germany as much as outside it, has come in the form of sifting through the fatal legacy of the Weimar era, the years of promising democracy that began in the defeat ...

Ex German Finance Minister favors joint euro zone debt
Chicago Tribune
BERLIN (Reuters) - Former German Finance Minister Peer Steinbrueck, a possible challenger to Chancellor Angela Merkel in next year's election, spoke out in favor of common debt issuance in theeuro zone even though the Berlin government and most ...

ECB's Coene: Euro Crisis Needs Nations to Act, Not ECB - Report
Wall Street Journal
BRUSSELS (Dow Jones)--The European Central bank should not intervene further in the euro crisis, as doing so takes pressure away from the national governments that are responsible for reforming their economies, a member of the ECB's governing council ...

Barry Eichengreen Recommends Four Books Anyone Following The Euro Crisis
Business Insider
With Europe on vacation in August as the euro crisis lingers unresolved, it may be a good time for the troubled countries' leaders to catch up on some reading. UC Berkeley economist Barry Eichengreen has four must-reads for Europeans this summer, which...

Business Insider

Euro Crisis Accelerates Division in Europe
From Rome and Berlin—the new dominant axis in Europe—German-Foreign-Policy.com reports that cries for the ceding of the Germanic Italian province of Bolzano/Alto Adige (South Tyrol) from Italy and its realignment as an Austrian province are ...

MarketBeat Week: The Financial Crisis, Five Years Later
Wall Street Journal (blog)
In the latest installment of MarketBeat Week, our new weekly podcast, Matt Phillips, Paul Vigna and Steve Russolillo rap about the markets, the five-year anniversary of the unofficial start to the financial crisis and the end of earnings season. With ...

Euro Crisis - Google News

Fiscal Cliff - Google News

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Financial Crisis

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