Euro zone pain hits German industry orders in June
BERLIN, Aug 7 (Reuters) - German industrial orders fell more than expected in June as domestic andeuro zone demand faltered, indicating the single currency bloc's debt crisis is taking its toll on Europe's largest economy. Data from the Economy Ministry ...
The Euro Zone's Market Conundrum
Wall Street Journal (blog)
The Euro Crisis. Real-time updates and analysis of Europe's debt crisis. Search The Euro Crisis1. August 7, 2012, 4:34 AM ... Either the ECB will fail, with the result that the euro zone continues on a deflationary, contractionary trend — good for bunds but bad for equities — or it succeeds and we end up with German inflation — good for equities but bad for bunds. It's hard to see a case where bunds and equities both benefit, unless they're looking over different time horizons. This seems plausible. Equities seem to ...
WSJ: IMF Pushing Euro Zone to Help Lighten Greece's Bailout-Loan Burden ...
Wall Street Journal
BRUSSELS--The International Monetary Fund, facing discontent among its members about the huge sums it has lent to the euro zone, is pushing the currency bloc's governments to take steps to lighten the burden of the bailout loans they made to Athens, ...
Debt crisis: As it happened - August 7, 2012
Over the last few years Romania has made progress in recovering from the financial crisis and the economy has made progress in stabilising inflation and the budget situation but the current turmoil has taken its toll on the economy. It is important for the...
Greece exit from euro zone would be manageable-Juncker
BERLIN Aug 7 (Reuters) - A Greek exit from the euro zone would be manageable but is not desirable, Eurogroup President Jean-Claude Juncker said in an interview with Germany's WDR television posted on the Luxembourg government's website on ...
Economy Slumps in Italy and Germany
New York Times
European financial markets were quiet in afternoon trading, with the Euro Stoxx 50 index of euro zone blue chips up 1.5 percent and the FTSE-100 index in London up 0.1 percent. The euro ticked up to $1.2423 from $1.2401 late Monday. With Europeans' ...
US Stocks Advance as Euro-Zone Worries Recede
Wall Street Journal
Investors expressed continued optimism about European Central Bank President Mario Draghi's plan to address the euro zone's sovereign-debt crisis. Last week, Spanish Prime Minister Mariano Rajoy suggested the debt-laden country may ask for aid from ...
ECB gearing up to buy euro zone bonds, but not yet [Arab News (Saudi Arabia)]
FRANKFURT: The European Central Bank will gear up to buy Italian and Spanish bonds on the open market but would only act after euro zone governments have activate bailout funds to do the same, ECB President Mario Draghi said on Thursday. Draghi indicated that any ... Draghi was under intense pressure from investors, European leaders and even the United States to deliver on Thursday on his pledge to do whatever it takes to save the euro by bringing high borrowing costs down and salving thedebt crisis.
Eurocrisis: Euro Zone Is At Risk of a "Psychological Break-up"
In an interview with Germany's Der Spiegel magazine, Monti emphasized that such disagreements are endangering the policy response to the debt crisis and could threaten the future of the euro zone and its single currency, which came into being in 2002. While saying he supports the European Central .... The Euro crisis which has resulted in a lowering of the exchange rate has benefited the major E.U. exporting countries who have seen a boost in their exports. The whole crisis in Europe is not what it appears.
The Global Financial Crisis – Five Years On - Max Keiser
Stacy Summary: Professor Steve Keen tweeted me to say this Friday is the beginning of the GlobalFinancial Crisis. So I have attached a few videos of Max's appearances from August 2007 and September 2007 to see what he was saying then ...
'What's a euro crisis?' German kids get raise - The Local
German children are richer than ever before thanks to generous parents who are doling out ten percent more pocket money than in 2011, a new survey found.
The Local - Germany's news in English
Eurozone Debt Crisis, Author Neal Stephenson, And Greendays ...
By email@example.com (KUOW 94.9 Public Radio)
Eurozone Debt Crisis: Disagreement over how to resolve the European debt crisis threatens to turn countries against each other, Italian Prime Minister Mario Monti warned over the weekend. The uncertainty and fear of a Eurozone debt crisis ...
KUOW 94.9 Puget Sound Public Radio
The European Sovereign Debt Crisis - The Irish Economy
By Philip Lane
The European Sovereign Debt Crisis. This post was written by Philip Lane. I have a survey paper on the fiscal dimensions of the euro crisis in the Summer 2012 issue of JEP. Link below.http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.26.3.49 ...
The Irish Economy