As readers of this blog will probably know, I think Europe should stop bailing out bondholders of Greek and other debt . (See the Euro collection and Euro tags to the right.) “What about Alexander Hamilton?” has always been a ..
BEIJING – As Europe grapples with its debt crisis, German Chancellor Angela Merkel is in China for her fifth visit in six years, signifying China's ever growing importance and a new opportunity for Chinese diplomacy. As the …
Feb. 2 (Bloomberg) — Hans Humes, president of Greylock Capital Management, talks about Europe’s sovereign-debt crisis. Humes also discusses Greylock’s investment strategy and emerging-market debt.
Bill Bonner discusses the ongoing Great Correction in the US and Europe and how governments are creating more debt and bank bailouts in order to solve the crisis.
www.euronews.net European leaders arrived in Brussels on Monday for a key summit which they said would help bring about a return to growth but which economists predicted would mean more austerity. Leaders were due to sign off on a 500 billion euro permanent rescue fund for the eurozone while agreeing to strict new rules to ensure EU nations managed balanced budgets. Arriving for the meeting, German Chancellor Angela Merkel called on the EU to help Greece to achieve the budget targets they have been set.
Euro zone governments aren't the only entities seriously needing to get their debt levels down these days. Information revealed this past week showed Europe's leading soccer clubs are similarly spending their way into a …
The major stock indexes are finally starting to get a little jittery as Portuguese credit default swaps (CDS) surge to to a record 40.0 percent. The major stock indexes around the world have rallied higher since December 19, 2012 as the problems in Europe have been swept under the rug. Over the weekend, Germany told Greece that they must hand over control of its finances to the European Union
www.euronews.net European leaders are holding their 17th summit in two years as the bloc battles to resolve its sovereign debt problems. In Brussels 26 of the 27 members are expected to sign up to a fiscal treaty including a balanced budget rule written into constitutions. However Britain will not be included as its government has rejected the move.