Topic: Euro (Currency)

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Recession in America? 10 questions assessing the threat.

Concerns about weak economies in Europe have already rattled global financial markets, and things are hardly rosy at home. Is America heading into a recession? Here are answers to 10 questions about that risk.
Europe's debt crisis: 5 ways it's been put to good use

Europe’s debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here Jacob Funk Kirkegaard, a research fellow at the Peter G. Peterson Institute for International Economics points out five trends that will ultimately strengthen the European Union and the euro currency.
Eurozone crisis: Who wants what
European debt crisis: Seven basics you need to know
Photos of the Day: Photos of the Day 09/29

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To stave off Greek debt crisis, euro zone unveils its own TARP

The US put $700 billion into a bailout of US banks during the financial crisis. Now the nations of the euro zone are proposing a similar bailout fund – €750 billion – to deal with the Greek debt crisis.
As Euro slides, European Central Bank stays the course

As the Greek debt crisis rocks the eurozone, European Central Bank President Jean-Claude Trichet downplayed fears that Portugal and Spain would need to be bailed out.
The Monitor's View: Five lessons from the Greek debt crisis

As the financial market slip on the debt crisis in Greece, Europe must show it is learning some lessons. Some things have already become clear.
Athens riots leave three bank workers dead

Three bank workers, one of them pregnant, were killed in Athens riots when anti-austerity protesters threw Molotov cocktails at an Athens bank Wednesday.
Communists storm Acropolis, angry unionists protest Greek austerity measures

About 100 Communist Party supporters broke through the gates of the Acropolis, the city's chief ancient monument, and hung banners in Greek and English reading 'Peoples of Europe Rise Up.'
The Monitor's View: Debt crisis in Greece: Junk bond rating demands action

With its bonds rated as junk, the debt crisis in Greece must prompt Athens to take far greater austerity measures than originally planned. Political leaders and the public must find the courage for the necessary sacrifice.
Thinking about selling your stock? Think again.

The thing about selling stocks right now is, it forces you to do something else with your money. And that's not necessarily a good thing these days.
If Chinese currency is manipulated, the US dollar is not?

Every government affects the value of its money. So what distinguishes Chinese currency manipulation from US dollar intervention?
The Monitor's View: Greece debt crisis: Can it unite Europe?

Europeans are discussing creating a European monetary fund -- their own version of the IMF -- to handle problems like the Greece debt crisis. Agreeing on this idea would test even those most dedicated to European unity.
In Britain: uncertain election, shaky pound

Britain's big debt and the possibility of a hung Parliament after upcoming elections have hammered the pound in recent months.
The Monitor's View: Why Europe can't let a reckless Greece off the hook

Other countries that use the euro want to see proof that Greece is taking painful austerity measures before they spell out what a rescue might look like. It's a return to concern about 'moral hazard' -- which got trampled in the rescue of the US financial system.
The Monitor's View: Greek deficit crisis holds lessons for US, others

Financial markets are alarmed by the public spending binge in Greece, causing a slide in the euro. The lesson is basic: Countries with high deficits, including the US, must get their fiscal house in order.
Austria bankers fear wave of bad loans tied to Eastern Europe

In another sign of Europe's financial woes, the Austrian government has spent $137 billion to shore up its banks, worried that they're overexposed to Eastern Europe's struggling economies.
Slipping Dow rebounds to close above 10000 on unemployment report

After spending much of Friday below 10000, the market recovered lost ground amid positive news about unemployment. But the government-debt crisis in Greece is prompting investors to worry, again, about the health of the financial system.
The Monitor's View: Europe's future in Irish hands

Ireland votes on a make-or-break treaty to strengthen the European Union. For economic and security reasons, it should vote ‘yes.’
In Pictures: Some of the world's most eye-catching currencies
Euro for Eastern Europe? Not so fast.

The European Central Bank quashed speculation Monday that failing eastern economies might adopt the currency in response to the financial crisis.
After Sarkozy, a Czech takes EU helm

Czech President Vaclav Klaus, an economist and self-proclaimed 'Euro-dissident,' is critical of much of the governing body's efforts.
A global war on inflation

Many nations have begun to tighten their credit reins in an effort to curb rising prices.
The Monitor's View: Europe's unfinished house

Building European unity takes time. An Irish vote to halt it should not discourage.
Financial Q&A: Diversification is required for a windfall

Submit your questions to Steve at money@csmonitor.com
Be wary of complex carbon caps

The global-warming fight can't wait to work out the kinks in a cap-and-trade scheme.