Stories Tagged as
Europe debt crisis
European Central Bank cuts interest rate to record low
May 2, 2013
The European Central Bank (ECB) has cut interest rates to a record low of 0.5 percent. But how much stimulus can the ECB really provide?
Is anti-austerity fever cooling off in Greece?
by
Mark Lowen
May 1, 2013
Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.
Greece keeps cutting while France looks for growth
Apr 29, 2013
Two European countries have come out with very different ways to tackle their economic problems.
As Germany stumbles, will the rest of Europe fall down with it?
Apr 23, 2013
Linked by a common currency, the countries in the euro zone are roped together like climbers scaling a cliff face. If one or more loses their footing, the rest could come crashing down.
France's Finance Minister on the euro, debt and austerity
Apr 19, 2013
French Finance Minister Pierre Moscovici discusses the state of the French economy and where it is headed in the future.
Germany approves $13 billion Cyprus bailout to stem contagion
Apr 18, 2013
The overwhelming yes vote came after a warning from Germany's finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.
Japan stimulus has investors eyeing Europe
Apr 9, 2013
The value of the Japanese yen fell to its lowest level in four years after a huge monetary stimulus package was unveiled last week, and the effects of the stimulus are starting to be felt far away from Japan.
For public good, not for profit.
Portugal court throws austerity cuts for a loop
Apr 8, 2013
Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Euro unemployment rises to record high 12 percent
Apr 2, 2013
The jobless rate across the 17 counties that use the euro currency rose to 12 percent in January and February of 2013, adding to signs that the region's economic slump may not be over.
Cyprus calm but crisis effects ripple
Mar 29, 2013
Banks are open for the second day in Cyprus after two weeks of closure. From the outside, things appear to be calm. The President of Cyprus said this morning that the country will not leave the euro.