Finland prepares for break-up of eurozone - Telegraph: "Finland is preparing for the break-up of the eurozone, the country’s foreign minister warned today."
Angela Merkel warns 'time is of essence' on euro crisis - Telegraph: "Angela Merkel warned that "time is of the essence" in tackling the eurozone crisis and voiced her support for ECB President Mario Draghi's crisis-fighting strategy."
LONDON Aug 16 (Reuters) - Euro zone interbank lending rates have fallen far below their U.S. equivalent on expectations that the European Central Bank will ease monetary policy further, drawing closer to the Federal Reserve's near-zero rate policy.
Euro-Zone Inflation Hovers Above Target
Wall Street Journal
LONDON—Euro-zone inflation held steady for a third straight month in July, just above the European Central Bank's target rate, data showed Thursday, but tensions in the Middle East and drought in the U.S. have since pushed oil and grain prices sharply ...
Eurozone Leaders Up Meetings In Preparation For Crucial Month In Debt Crisis
BERLIN/ATHENS, Aug 16 (Reuters) - After a brief summer lull, euro zone leaders are gearing up for a round of shuttle diplomacy in the run-up to what could be a crucial month in the 2-1/2-year debt crisis. Greek Prime Minister Antonis Samaras will fly ...
Euro zone July inflation stable as economy slows
Inflation confirmed at 2.4 percent in July y/y. * Pressure rises on ECB for rate cut. BRUSSELS Aug 16 (Reuters) - Falling communications prices helped keep euro zone consumer inflation stable in July, giving the European Central Bank (ECB) space to cut ...
The Euro-Crisis Has Historical Parallels With Past European Crises
Reason Online (blog)
The euro-crisis, although a modern phenomenon, has strong parallels to some of Europe's troubles in the twentieth century. Indeed it was the two world wars that motivated Europeans to create the European Union and later, in part, the single currency ...
Reason Online (blog)
Euro Zone Equity Markets Shrink: Time to Buy?
Text Size. By: Catherine Boyle Staff Writer, CNBC.com. The size of the euro zone equity market has contracted so much that it is now smaller than the U.S. technology sector – but strategists are divided on whether this presents a buying opportunity.
Debt crisis: as it happened - August 16, 2012
In the meantime, you can keep up to date with all the latest financial crisis news here. Thanks ... But that relatively mild slide masks much more severe downturns in Italy and Spain, the third and fourth largest euro zone economies, and an outright ...
BMW's Phantom Sales in Germany Show Contagion
Entenmann's change in fortunes reflects the spreading effects of Europe's sovereign debt crisis. Germany, the region's largest car market, has been a bright spot, growing 0.7 percent in the first half versus a 20 percent decline in Italy and 14 percent ...
China blames debt crisis for fall in foreign trade
China has blamed the “unexpected” deepening of the debt crisis in Europe for the worst decline of foreign investment and trade since the financial crisis. A is seen at dawn over the skyline of Ningbo, China. A red glow is seen at dawn ... Mr Shen added...
Euro zone heading into another recession
Taken together with a worsening outlook for the euro zone's most vulnerable economies in a Reuters poll published last week, there appears to expectation for an end to the euro crisis or any prospects for a meaningful economic rebound. A modest 25 ...
MONEY MARKETS-Euro zone lending rates are far below US - XE
Euro zone interbank lending rates have fallen far below their U.S. equivalent on expectations that the European Central Bank will ease monetary policy further, drawing closer to the Federal Reserve's near-zero rate policy.
XE Forex News
Euro crisis: Angela Merkel says eurozone should follow Canada's ...
Merkel, facing European pressure to ease bailout terms and allow shared debt, and from global partners to do more to stop contagion, used a visit to Canada as the stage for her first public comments in a month on the crisis. She praised ...
FP Top Stories List
The Financial Crisis: Five Glass-Steagall Myths - Wall Street ...
The Financial Crisis: Five Glass-Steagall Myths. From: RealClearMarkets - 5:03am - August 16, 2012. Peter Wallison, AmericanWhen Sandy Weill, the former chairman of Citigroup, told an interviewer that he thought it had been a mistake to ...