Asian stock markets slip on Europe debt fears
Posted on June 27, 2011 by
Asian markets dropped Monday amid fears of a spreading European debt crisis after a ratings agency placed Italian banks on a review for a possible downgrade.
Continue ReadingPosts Tagged Debt Crisis
CBO: Debt crisis looms absent major policy changes
Posted on June 23, 2011 by
The rapidly growing national debt could soon spark a European-style crisis unless Congress moves forcefully, the Congressional Budget Office warned Wednesday in a study that underscored the stakes for Vice President Joe Biden and negotiators working on a sweeping plan to reduce red ink.
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Young Adults Sometimes See Debt as a Positive
Posted on June 9, 2011 by
THURSDAY, June 9 — Debt may actually give some young adults a self-esteem boost, a new study suggests.
Continue ReadingMarkets applaud European debt crisis package
Posted on March 14, 2011 by
Markets have cheered a surprisingly broad European package of measures to tackle the government debt crisis that has over the past year threatened the existence of the euro currency.
Continue ReadingDebt Crisis Is Changing Europe’s Currency Union
Posted on December 3, 2010 by
Amid debt crisis trauma, 16-nation eurozone is changing the very nature of the currency union
Continue ReadingTime for a Debt Haircut
Posted on October 1, 2010 by
There is no end in sight to Ireland’s debt crisis, but here’s one thing we know: The Irish will not get kicked out of their own country. No matter how many multiples of the nation’s gross domestic product are owed to German and U.K
Continue ReadingDebt crisis shuts down Athens shops
Posted on August 9, 2010 by
The debt crisis and ensuing recession plaguing Greece has forced the closure of some 15% of businesses in Athens.
Continue ReadingRisk-Averse Investors Send Stocks Sliding on Debt Fears
Posted on May 25, 2010 by
If there was a doubt about it, there isnt any more, one analyst said. The European debt crisis is not simply a Greek phenomenon.
Continue ReadingGermany steps up demands for debt cutting campaign
Posted on May 17, 2010 by
The euro, stocks and oil endured another rough ride Monday as German demands that Europe confront its debt crisis with tougher rules rattled markets.
Continue ReadingPortugal’s fiscal ‘shock’ to counter debt crisis
Posted on May 13, 2010 by
After Spain cut public salaries, Portuguese ministers on Thursday took their turn to enforce a fiscal “shock” to stop the country becoming the next battleground in Europe’s debt crisis.
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