According to new forecasts from the International Monetary Fund (IMF), America’s debt—which recently surpassed $38 ...
In addition to concerns about their own nation's financial situation, many Americans are worried that Europe's debt woes will spill onto U.S. shores. Fortunately, U.S. financial institutions' direct ...
While France has a long history of hefty overspending, economists say political turmoil – which has stalled policymaking – is bringing the country’s debt problem to a head.
Over the last few months, Europe seemed to be proving its doubters wrong. Thanks to a timely intervention by European Central Bank President Mario Draghi in mid-2012, yields on Spanish and Italian ...
Brother can you spare a Euro (Photo: Cathal McNaughton/REUTERS) Let’s just be blunt: The Eurozone’s bailout program has failed. It’s not solving the underlying causes of the European debt crisis; it ...
The euro is at the core of the European project, but its future is far from assured. Introduced more than 25 years ago, it has survived one crisis after another, and its rules and institutions have ...
LONDON (Reuters) -The premium investors demand to hold Greek bonds over Germany has fallen to its lowest since 2008, and Italy's isn't far off levels seen in 2010, a sign of improved fiscal dynamics ...
The euro suffered but failed to break significantly lower as the eurozone sovereign debt crisis took a fresh turn for the worse this week. EURUSD , which traded as high as $1.3721 on Monday, sold off ...
General government gross debt will rise by more than 20 percentage points from now to reach 143.4 per cent of the country’s ...
BRUSSELS, Nov 7 (Reuters) - Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU's statistics office said on ...
The European Union has already bailed out Greece and Ireland. Now, after Portuguese Prime Minister Jose Socrates offered his resignation on Wednesday following parliament's rejection of his deficit- ...
Alexander Abad-Santos is a former writer for The Wire.
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