Tag Archives: European debt crisis

Euro falls in the wake of Italian Prime Minister Monti’s resignation announcement

As fiscal cliff talks continue in the U.S., the announcement this week that Italian Prime Minister Mario Monti will resign in the next few days forced the euro into a two-week low and further plunged the world’s economy into uncertainty. … Continue reading

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Spain bank bailout only small fix in the European debt crisis — Eurozone policies the root of the problem?

On Saturday, June 9, 2012, Spain became the fourth country in the 17-nation Eurozone to receive bailout funds to save its ailing banks from meltdown. Unlike bailouts to other Eurozone countries, Spain will use its funds only to help stabilize … Continue reading

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After year of austerity measures in Europe, euro zone marks anniversary of euro

January 1, 2012 marked the 10-year anniversary of the euro but you may not see much of a celebration. After a year of austerity measures aimed at controlling the European debt crisis, many Europeans are having second thoughts about the … Continue reading

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European debt crisis: Rating agency eyes eurozone countries list

Rating agency Standard & Poor’s has placed several eurozone countries on a credit watch list for a possible ratings review. The announcement comes after last week’s summit where eurozone leaders forged a new agreement on how to cope with the … Continue reading

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Focus turns to U.S. economy in European debt crisis aftermath

Optimism at news of a settlement in the European Union debt crises has ebbed as investors return to business as usual. The focus this week will turn to the U.S. economy and new data that will be released.

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