Topic: Hans-Peter Burghof
As the global economy founders, refinancing Europe's banks to deal with the debt crisis might be preferable to bailing out countries, experts say – and politicians are starting to agree.
10/07/2011 11:44 am
German Chancellor Angela Merkel meets with French President Nicolas Sarkozy today to coordinate a strategy for coping with Europe's expanding debt crisis.
08/16/2011 11:59 am
Despite the European Central Bank’s intervention today, last week's losses in the Asian and European exchanges continued, prompted by worries that Europe's debt crisis will spread.
08/08/2011 05:20 pm
Eight European banks flunked a financial health check meant to reassure investors. But critics argue for tougher tests to weigh the impact of a sovereign default.
07/15/2011 02:57 pm