Eurozone finance ministers will make another attempt on Monday … to settle differences over debt relief measures for Athens and give a green light to disburse up to €44bn of aid. more funds to Gree
Ministers from the 17-nation euro area yesterday declared the 500 billion-euro ($649 billion) European Stability Mechanism operational. They also said Spain, the permanent rescue fund’s biggest pot…
European officials will move to prevent Spain from dragging the single currency into a new round of convulsions this week as a series of high-level meetings aim to ease the three-year-old European …
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Europe Update: Service Sector Slows, Stocks Fall, Bond Yields move higher
Posted in Fundamental Updates Tagged Crisis, Debt, Debt Ceiling, Economy, Eurozone, Expert Commentaries, Forex News, Macroeconomic Trends
It is unlikely the court will rule against the bailout, but Merkel is losing political support. It appears the changes to the bailout mechanism will pass the German parliament, but the vote might b…