Showing Archived Posts

Investors Jolt Spanish, Italian Debt Costs

Posted June 12th, 2012 at 11:20 am (UTC-5)
Leave a comment

Europe’s governmental debt crisis is deepening, with Spain’s borrowing costs reaching their highest point since the launch of the euro currency 13 years ago. European governments agreed to a $125 billion bailout for Spanish banks over the weekend, but investors have shown little regard for the rescue package. The Fitch financial services firm downgraded the […]

Tags: , , , , Posted in Economy

Investors Jolt Spanish, Italian Debt Costs

Posted June 12th, 2012 at 10:10 am (UTC-5)
Leave a comment

Europe’s governmental debt crisis is deepening, with borrowing costs for both Spain and Italy increasing again on Tuesday. European governments agreed to a $125 billion bailout for Spanish banks over the weekend, but investors have shown little regard for the rescue package. The interest rates for Spanish and Italian government bonds both topped 6 percent, […]

Tags: , , Posted in Economy

European Officials Say Spain Nearing Bailout Request

Posted June 8th, 2012 at 1:30 pm (UTC-5)
Leave a comment

European officials say Spain is poised to seek billions of dollars in bailout money from other countries in the euro currency bloc to rescue its distressed banks. Spain has yet to ask for help from its European neighbors, but several officials said Friday they expect Madrid will seek a bailout when key political and financial […]

Tags: , , , , Posted in Economy

European Officials Say Spain Nearing Bailout Request

Posted June 8th, 2012 at 11:50 am (UTC-5)
Leave a comment

European officials say Spain is poised to seek billions of dollars in bailout money from other countries in the euro currency bloc to rescue its distressed banks. Spain has yet to ask for help from its European neighbors, but several officials said Friday they expect Madrid will seek a bailout when key political and financial […]

Tags: , , , , Posted in Economy

European Officials Say Spain Nearing Bailout Request

Posted June 8th, 2012 at 10:35 am (UTC-5)
Leave a comment

European officials say Spain is poised to seek billions of dollars in bailout money from other countries in the euro currency bloc to rescue its distressed banks. Spain has yet to ask for help from its European neighbors, but several officials said Friday they expect Madrid will seek a bailout when key political and financial […]

Tags: , , Posted in Economy

Germany’s Merkel Calls for European ‘Political Union’

Posted June 7th, 2012 at 3:25 pm (UTC-5)
Leave a comment

German Chancellor Angela Merkel says Europe needs to move beyond its common euro currency to create a “political union” in order to resolve the continent’s governmental debt crisis. The German leader says individual governments in the 17-nation eurozone gradually need to cede powers to European control, a contentious proposition on the continent. She told German […]

Tags: , , , , Posted in Economy

Germany’s Merkel Calls for European ‘Political Union’

Posted June 7th, 2012 at 2:00 pm (UTC-5)
Leave a comment

German Chancellor Angela Merkel says Europe needs to move beyond its common euro currency to create a “political union” in order to resolve the continent’s governmental debt crisis. The German leader says individual governments in the 17-nation eurozone gradually need to cede powers to European control, a contentious proposition on the continent. She told German […]

Tags: , , , , Posted in Economy

Europe Keeps Interest Rate Steady Amid Economic Turmoil

Posted June 6th, 2012 at 12:25 pm (UTC-5)
Leave a comment

The European Central Bank is keeping its key interest rate unchanged, even as its leader says there is “increased downside risk” for economic growth in the euro currency bloc. The bank kept its key lending rate at a record low 1 percent Wednesday, despite some calls from European bankers and financial analysts for cutting it […]

Tags: , , , , Posted in Economy

Europe Keeps Interest Rate Steady Amid Economic Turmoil

Posted June 6th, 2012 at 10:35 am (UTC-5)
Leave a comment

The European Central Bank is keeping its key interest rate unchanged, even as its leader says there is “increased downside risk” for economic growth in the euro currency bloc. The bank kept its key lending rate at a record low 1 percent Wednesday, despite some calls from European bankers and financial analysts for cutting it […]

Tags: , Posted in Economy

Japan Finance Chief: Europe Pledges ‘Speedy’ Debt Action

Posted June 5th, 2012 at 1:35 pm (UTC-5)
Leave a comment

Japan’s finance chief says his European counterparts have pledged to take quick action to quell the deepening debt crisis in the 17-nation euro currency union. Financial officials from the Group of Seven world-leading economies conferred in a special conference call Tuesday about the plight of debt-ridden eurozone nations. Afterwards, Japanese Finance Minister Jun Azumi told […]

Tags: , , , , Posted in Economy

Calendar

December 2024
M T W T F S S
« Jan    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Archives

Categories