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European Debt Crisis

A collection of news and information related to European Debt Crisis published by this site and its partners.

Top European Debt Crisis Articles

Displaying items 37-48
  • Joel Brinkley: Poland still coping with dark past

    WARSAW, Poland -- Simcha Rotem was stooped, his head bowed showing tiny wisps of white hair as he stood at a podium between two black menorahs spewing towering gas flames. Behind him a new, 40-foot-tall black stone frieze showed armed guerilla fighters,...
  • Europe bails itself out, for now

    PARIS -- The latest, and 20th, European "summit" meeting, held last week in Brussels, was symbolically a defeat for Germany's Angela Merkel, who agreed that Europe's permanent bailout fund could directly recapitalize certain troubled euro-zone banks after...
  • Half-baked theories continue to direct global history

    PARIS -- The blood runs cold when one fully appreciates how vulnerable official policymakers and the Western policy community is to slogans and to magical thinking. The Reinhart-Rogoff case is the latest, and certainly will not be the last, in which the...
  • Restaurants in China, U.S., Europe reflect global economy

    Restaurants in China, U.S., Europe reflect global economy
    Looking for evidence of China’s economic prowess, Europe’s malaise and consumer ennui in the U.S.? Use the international restaurant industry as a barometer, according to a report this week. China’s economy, coming off a period of...
  • NYSE Euronext profit falls 42%; firm says Sandy shutdown was 'right'

    NYSE Euronext profit falls 42%; firm says Sandy shutdown was 'right'
    Stable markets, subdued trading volume and concerns that the U.S. markets are too complex caused net income at NYSE Euronext, owner of the world’s largest stock exchange, to tumble 42% in the third quarter. The New York-based corporation, which...
  • In France, juice and soda push wine drinking to record low

    In France, juice and soda push wine drinking to record low
    That most Gallic of pursuits – drinking lots and lots of wine – doesn’t seem to have quite the appeal for the French that it used to. The average French adult consumed 57 liters of wine – or about 15 gallons – in 2010,...
  • European Central Bank chief swears to 'preserve the euro,' Dow soars

    European Central Bank chief swears to 'preserve the euro,' Dow soars
    Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...
  • Eurozone unemployment hits record high 11.6%

    Unemployment in the 17 nations that make up the Eurozone monetary union reached a record high in September, hitting 11.6% as 18.5 million people found themselves jobless. That’s 146,000 more workers who lost their jobs last month, according to...
  • Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015

    Swiss bank UBS to cut 10,000 jobs, or 16% of workforce, by 2015
    Swiss bank UBS will cut 10,000 jobs as it exits from its fixed-income trading business and tries to cut costs and concentrate on wealth management. The Zurich, Switzerland-based institution, which stated that it is “significantly reshaping its...
  • Groupon CEO Andrew Mason: 'I'd be the first person to fire myself'

    Groupon CEO Andrew Mason: 'I'd be the first person to fire myself'
    On Thursday, Groupon Inc.’s board members will reportedly debate the fate of Andrew Mason, the chief executive of the struggling daily deals site. But then again, “it would be weird” if they didn’t, he said. “It’s...
  • Apple shares tumble as stocks fall for second day in last three

    Apple shares tumble as stocks fall for second day in last three
    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe. Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...
  • U.S. responsible for 3/4 of global weapons sales, government says

    U.S. responsible for 3/4 of global weapons sales, government says
    Global arms transfer agreements between governments – both developing and developed – nearly doubled last year to $85.3 billion, reaching their highest level since 2004. The U.S. dominated as a supplier, making $66.3 billion from transactions...