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European Debt Crisis

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    Apr 25, 2013 |Story| Reuters
  1. REFILE-WRAPUP 1-Spain joblessness hits new high, fuelling austerity debate

    Reuters
    * Unemployment hits 27.2 percent in Q1, tops 6 million * Worse than expected figure highlights market decoupling * Bank earnings also give grim reading of Spain's economy * Reforms aimed at boosting economy due on Friday By Paul Day and Sarah White...

    Tags: Money and Monetary Policy, Immigration, Vodafone Group Plc, Market and Exchange, Business

  2. Apr 24, 2013 |Story| Reuters
  3. Investors warm to Slovenia debt despite bailout risks

    Reuters
    * Rise in Slovenian bond yields lures investors * Bill auction buys Slovenia time, bailout still on cards * Reform plans, bond issuance next crunch point for Slovenia By Ana Nicolaci da Costa and Marius Zaharia LONDON, April 24 (Reuters) - The risk...

    Tags: International Monetary Fund, Market and Exchange, Government Debt, Auction Service, Credit Ratings

  4. Apr 24, 2013 |Column| Orlando Sentinel
  5. The Reinhart/Rogoff brawl

    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how explosive the issue is. They suggested that debt exceeding 90 percent of a country's economy (gross domestic product, or GDP) corresponds to a sharp drop in economic growth. But their work is being challenged by three other economists, who say that Reinhart and Rogoff made basic errors that invalidate their results.
    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how...

    Tags: Money and Monetary Policy, The New York Times, David Cameron, Budgets and Budgeting, United Kingdom

  6. Apr 24, 2013 |Story| Reuters
  7. Rally in Italy's debt to continue if new govt revives reforms

    Reuters
    * Center-left's Enrico Letta asked to form govt * Italian 10-yr bond yields stay around 2-1/2 years lows * Debt costs could fall to 3.50 pct if reform agenda revived By Francesca Landini MILAN, April 24 (Reuters) - A rally that has pushed Italy's...

    Tags: Money and Monetary Policy, Japan, Elections, Central Bank, Credit Ratings

  8. Apr 24, 2013 |Story| Reuters
  9. German insurers vow to keep classic life policies

    Reuters
    BERLIN (Reuters) - Germany's insurers pledged to continue offering traditional guaranteed life insurance savings policies, though possibly in altered form, in the face of debilitating low interest rates and euro debt crisis aftershocks. "Life insurance...

    Tags: Money and Monetary Policy, Allianz AG Holding, Consumers, Germany, Consumer Confidence

  10. Apr 23, 2013 |Column| Tribune Media Services
  11. Half-baked theories continue to direct global history

    William Pfaff
    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...

    Tags: International Monetary Fund, Teaching and Learning, Republican Party, William Pfaff, Boston Marathon Bombing (2013)

  12. Apr 24, 2013 |Story| Reuters
  13. INSIGHT-What ever happened to France's voice in Europe?

    Reuters
    * Loss of French voice mirrors economic decline * Hollande avoids being flag-bearer for the south * Weakened rapport with Germany not good for Berlin By Luke Baker and Mark John BRUSSELS/PARIS, April 24 (Reuters) - A few hours after midnight one...

    Tags: International Monetary Fund, Paris (France), Jean-Marc Ayrault, Francois Hollande, Car Safety Tips and Advice

  14. Apr 24, 2013 |Story| McClatchy-Tribune
  15. Chattanooga-based Astec's first quarter earnings up on lower sales

    Chattanooga Times Free Press, Tenn.
    Astec Industries beat Wall Street expectations by 3 pennies per share in the first quarter, boosting earnings by 10 percent in spite of flat overall revenue. "During the quarter we continued to see flat revenues and our domestic customers tend to remain...

    Tags: Companies and Corporations, Quarterly or Semiannual Financial Statements, Elections, Marketing, Astec Industries Incorporated

  16. Apr 23, 2013 |Column| Tribune Media Services
  17. Joel Brinkley: Poland still coping with dark past

    American Voices
    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,...

    Tags: Roman Catholicism, Religious Conflicts, The New York Times, Pulitzer Prize Awards, Nazi Party

  18. Apr 23, 2013 |Story| Los Angeles Times
  19. Scams blocking Chinese investors' path to U.S. green cards

    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno.
    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno. The project had an alluring...

    Tags: Immigration, Heart Attack, Justice System, Banking, Chinese Restaurants

  20. Apr 23, 2013 |Story| McClatchy-Tribune
  21. Italy: Tax evasion burdening the honest and crimping growth says central bank

    Adnkronos International, Rome
    Rampant tax evasion is weighing heavily on honest citizens who are paying record sums to the state, and is stunting economic growth, a top Italian central bank official said on Tuesday. "The high level of tax evasion makes the burden on honest tax...

    Tags: Financial Planning, Central Bank, Budgets and Budgeting, Rome (Italy), European Union

  22. Apr 23, 2013 |Story| Reuters
  23. Portugal plans gradual company tax cuts to revive economy

    Reuters
    LISBON (Reuters) - Portugal's government plans to lower company tax rates "significantly" as part of a wider plan of incentives to drag the economy out of its worst recession since the 1970s, Economy Minister Alvaro Santos Pereira said on Tuesday. He...

    Tags: International Monetary Fund, Portugal, Lisbon (Portugal), Government, Budgets and Budgeting

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European Debt Crisis Photos
Cypriot security guards stand outside the parliament bu...
(March 18, 2013)
Cyprus Bailout Deal Raises Fears For Eurozone
The sovereign debt crisis worsened as economic pain spr...
(July 19, 2012)
European debt crisis
delivers a speech at a special forum preceding the 2012...
(July 6, 2012)
Making a point