Topic: Euro Zone
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
France, Italy, and Germany are at loggerheads over a possible Greece bailout ahead of what was to be a routine EU summit this Thursday. Greece has threatened to go to the IMF if the EU can't help with the crisis.
03/23/2010 07:31 pm
The sandwich in China costs half of what it does in the US, according to The Economist's Big Mac index.
03/21/2010 12:30 am
Many in Ireland are stunned that the once high-flying 'Celtic Tiger' is now just another battered economy – and by fresh revelations of coverups of sexual abuse of children in the Roman Catholic church as Pope Benedict XVI apologized directly to Irish abuse victims.
03/20/2010 09:40 am
The debate around exchange rates and trade balances is new again, thanks to the current economic environment.
03/19/2010 01:19 am
Protesters took to the streets of Athens on Thursday over government austerity measures. But anger is also growing in Germany at being asked to finance the Greece debt bailout.
03/11/2010 06:18 pm
US banks are losing the opportunity to earn fees on the roughly $500 billion in planned European debt offerings this year.
03/11/2010 03:07 pm
Despite the arguments of some analysts, there are also reasons it may retain its value.
03/10/2010 10:46 am
The Circle Bastiat Global Debt: A country-by-country look at spending for growth vs. deficit cutting
A look at the wave of debt crises spreading around the globe.
03/09/2010 01:05 pm
Some 73 percent of traders believe worries over sovereign debt default may boost the price of gold, a new survey says.
03/07/2010 02:05 am