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France, Italy Unite In Eurozone Debt Crisis
Comments (0) | debt crisis, E.U., Enrico Letta, eu, Euro, european union, eurozone, France, francois hollande, International, Italy, paris
Eurozone (Stephanie Jones/Creative Commons).
Leaders pledged to push for measures aimed to revive economic growth.
Read more...Cyprus Banks Set To Reopen With Strict Capital Controls
Comments (1) | Bank of Cyprus, Capital controls, Cyprus, Euro, eurozone, International, Laiki, uninsured deposits
Banks in Cyprus will open after 11 days off. (Petros3/Wikimedia Commons)
Transactions will be limited to €5,000 per month.
Read more...Cypriot Leaders Reach Agreement To Avoid Bankruptcy
Cypriot leaders reach agreement to avoid bankruptcy. (Creative Commons)
The country needs a 10 billion euro bailout to keep the government running.
Read more...Cyprus Bailout Pits Germany Against Russia
Comments (0) | Cyprus, ECB, Euro, european central bank, eurozone, Gazprom, Germany, International, russia
Banks in Cyprus remain closed after a run on ATMs. (Leonid Mamchenkov/Flickr)
The proposed Cyprus bailout plan hits ordinary depositors, many of whom are Russian.
Read more...Eurozone Unemployment Hits Record High
Comments (0) | economy, Euro, european recession, eurozone, Germany, Greece, Greece bailout, jobs, Nation and World, Spain, unemployment
(Creative Commons)
Which countries are suffering the most.
Read more...Euro Zone Faces Second Recession In Three Years
Comments (0) | economic recession, Euro, Europe, european union, eurostat, eurozone, International, recession
Citizens of Granada, Spain took to the streets to protest the nation's austerity measures (Karan Jain/Creative Commons).
Despite growth in its leading economies, the Euro Zone's recent economic struggles have plunged it into its second recession since 2009.
Read more...Unemployment Numbers, Budget Cuts Highlight Struggling French Economy
Comments (0) | Euro, european union, eurozone, France, francois hollande, Greece, International, Jean-Paul Argon, Michel Sapin, socialist party, Spain
President Hollande aims to decrease deficit through series of tax hikes and budget cuts.
Read more...U.S. Stocks Up After Germany Approves Bailout
Comments (0) | angela merkel, bailout, ECB, European debt crisis, eurozone, Nation and World, rescue fund, Stocks, u.s. stock market
(Creative Commons)
But Europe's not out the woods yet.
Read more...Markets Surge As ECB Announces Bond-Buying Plan
The European Central Bank announced a potentially unlimited bond-buying plan. (DaveOinSF/Wikimedia Commons)
Draghi makes another move to save the euro.
Read more...ECB Pledges To Protect Eurozone
Comments (0) | ECB, european central bank, eurozone, Facebook, Greece, International, Italy, Mario Draghi, Spain, Zynga
Mario Draghi wants to save the eurozone. (World Economic Forum/Wikimedia Commons)
The European Central Bank may move on bond yields.
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