Greek economy set to shrink by 25pc - Telegraph: "Greece's economy will have shrunk by a quarter by the time the recession ends, according to the country's finance minister, as pressure grew on international creditors to give Athens more time to catch up."
Euro back in favour as bets against it wane
LONDON, Sept 18 (Reuters) - Investor sentiment is turning in favour of the euro, with bets against it at their lowest in two years and falling steadily since the European Central Bank unveiled an aggressive plan to stem the debt crisis. The ECB's ...
German Minister Sees Euro Crisis 'Turning Point' This Month
German Foreign Minister Guido Westerwelle said progress made this month on European bailout funding and central-bank intervention may prove to be the turning point in tackling the debt crisis in the euro zone. Westerwelle cited Germany's Federal ...
Debt crisis: central bank action is work of the devil, says Germany's Jens Weidmann - Telegraph: "The head of Germany’s Bundesbank has raised eyebrows across Europe after he appeared to compare Mario Draghi’s bond buying programme with the "devil’s work"."
Fiscal Cliff Tops Euro Crisis Among Tail Risks, BofA Says
Bloomberg News. Fiscal Cliff Tops Euro Crisis Among Tail Risks, BofA Says. By Charles Mead on September 18, ... That exceeds the 33 percent who are most concerned with Europe's sovereign-debt crisis, according to the BofA Merrill Lynch Fund Manager ...
Iceland Tempers Euro Adoption Goal as Debt Crisis Raises Doubts
Europe's handling of its debt woes has so far failed to resolve the crisis, which is now in its third year. While the European Central Bank's pledge last week to purchase unlimited quantities ofeuro-zone bonds initially stabilized markets, yields on ...
Global funds returning to euro zone equities- BofA poll
LONDON, Sept 18 (Reuters) - Global investors are more bullish on euro zone equities than they have been since mid-2011, with new crisis-fighting plans soothing worries over the region's sovereigndebt, a fund managers' survey showed on Tuesday ...
More ECB cash might not unlock lending
LONDON (Reuters) - Any further offer of cheap cash to banks by the European Central Bank might increase liquidity in the euro zone's banking system but is likely to have little impact on lending to the wider economy. ECB Governing Council member Luc ...
Economics of Everyday Greek Life Is Eroding, Euro or No
New York Times
That was after the elevator parts and service business he had owned and run in Athens for a decade began slumping along with the economy, after the extent of Greece's debt crisis became evident. He and his son, Tassos, 24, looked for ways to make a ...
New York Times
Global stocks edge lower, oil drops again
Doubts grew over Spain's willingness to ask for an aid package, raising new concerns about Europe'sdebt crisis and the euro, while bellwether FedEx cut its profit forecast, darkening the corporate earnings outlook. In addition, the Swiss government ...
German Investor Confidence Rises First Time Since April
German investor confidence rose for the first time in five months in September after the European Central Bank unveiled a plan to buy government bonds to stem the sovereign debt crisis. The ZEW Center for European Economic ... an economist at ABN Amro ...
METALS-Copper flat as stimulus rally evaporates, economy eyed
Euro falls vs dollar, hurts metals * Focus on economy, euro zone debt crisis * Japan 4Q aluminium premiums set at record $254-$255 By Susan Thomas and Harpreet Bhal LONDON, Sept 18 (Reuters) - Copper steadied on Tuesday, pausing for breath as last week ...
EU Zone Debt Crisis Battle Hits a Stumbling Block | The Big Picture
By Barry Ritholtz
EU Zone Debt Crisis Battle Hits a Stumbling Block By Barry Ritholtz - September 18th, 2012, 6:25AM.
The Big Picture
The Fiscal Cliff Is A Bigger Threat Than The European Debt Crisis ...
By Mamta Badkar
On the U.S.. The U.S. fiscal cliff is seen as more of a risk than the European debt crisis for the first time since April 2011. 38 percent think a fiscal cliff is more likely under president Obama, compared with 26 percent under a Romney presidency.
Euro zone steers debt crisis obstacles - Bing Videos
The Dutch election ended favourably for the euro zone chiefs who needed to keep their pro ...
No plain sailing for Eurozone banking union
Over the past weekend, EU Finance Ministers met in Cyprus to agree on a common supervisory structure for the banking union. The European executive body, the European Commission has proposed putting the European Central Bank (ECB) as the primary ...