Topic: Euro (Currency)
The Greek bailout package sets the stage for far greater problems down the road.
05/12/2010 12:55 pm
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.
05/10/2010 08:58 pm
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.
05/07/2010 05:38 pm
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.
05/06/2010 06:43 pm
Three bank workers, one of them pregnant, were killed in Athens riots when anti-austerity protesters threw Molotov cocktails at an Athens bank Wednesday.
05/05/2010 04:39 pm
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.'
05/04/2010 05:36 pm
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.
04/28/2010 01:19 pm
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.
04/26/2010 11:33 am
Every government affects the value of its money. So what distinguishes Chinese currency manipulation from US dollar intervention?
04/13/2010 04:10 am
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.
03/24/2010 04:55 pm