Surprise: Europe's Richer Regions Want Out
• http://www.dailypaul.com, P.Au.LCATALONIA may be the catalyst for a renewed wave of separatism in the European Union, with Scotland and Flanders not far behind.
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CATALONIA may be the catalyst for a renewed wave of separatism in the European Union, with Scotland and Flanders not far behind.
The euro crisis is not over and is about to get interesting ... Supposedly the euro crisis is all over.
The leaders of the three parties in Greece's coalition government have failed to agree on a package of spending cuts worth 11.5 billion euro, which the Prime Minister says are crucial to restoring the country’s financial credibility.
NYU economist Nouriel Roubini was on Bloomberg TV this morning giving his thoughts on the ECB's new bond-buying plan announced yesterday.
So bad it is universally known as the "pigsty", Italy's electoral law is at the center of political instability that is stoking fears the euro zone's third-largest economy could topple into a Greek-style debt crisis.
Measuring the 'contentedness' during this summer of total comfort is tricky.
Hundreds of protesters have converged on Madrid to raise their voices against record unemployment and deeper social spending cuts as Brussels continues to push more austerity on Spain in return for bailing out its banking sector.
The European Union is at risk of being destroyed by the euro.
What can Europe learn from the United States?
Please watch this, and watch the end as they yell at each other 0_0!
Forget Ali - Frazier; ignore Santelli - Liesman; dismiss Yankees - Red Sox; never mind Silva - Sonnen; the new undisputed standard by which all showdowns will be judged happened in Spain over the weekend.
France enjoyed a boost in investor confidence with a successful bond auction Monday - but also got a warning from the president that growth so far this year is "nil" and that the country needs to rethink its social model.
Stock index futures slipped on Monday, putting the S&P on pace for its third consecutive decline, after economic data in Asia pointed to a slowing of global economic growth.
A hearing at Germany's version of the Supreme Court, to be held on July 10, could destroy all the optimism from the last EU summit.
On Friday, June 29th, German Chancellor Angela Merkel acquiesced to changes to a permanent Eurozone bailout fund—“before the ink was dry,” as critics complained.
In the five sessions through Tuesday, the Greek stock market has rallied 25%.
MNI News has an interesting flash headline this morning: GREECE FISCAL CONSOLIDATION "COMPLETELY DERAILED": EU SOURCE
The European Union is expected to hit the capital markets in the next few weeks with a plan to raise EUR2-2.5bn by the end of July, banking sources close to Triple A rated issuer said on Monday.
Angela Merkel will have to “invent a way” to kick Greece out of the eurozone, a leading Greek politician has claimed, as all political parties promise to renegotiate the country’s €130bn (£105bn) bail-out agreement after tomorrow’s pivotal elections.
Germany signals shift on €2.3 trillion redemption fund for Europe ...
Germany warned it could not save the eurozone alone and borrowing costs left Spain on the ropes as Italy and France held crisis talks aimed at tackling the debt crisis on Thursday.
I've been on the ground here in Athens for about 24 hours, and at this point I have two surprise observations related to the situation Greece finds itself in.
It's no exaggeration to say that Alexis Tsipras, the head of the left-wing SYRIZA party in Greece, is the most feared man right now in all of Europe.
After about 20 hours of door-to-door traveling from New York, I've finally arrived at my hotel in Athens, which is about two blocks away from Syntagma Square, the square in the center of the city where you see all the protesting.
There are consequences to investing any level of confidence in a financial system underpinned by debt and the creation of paper currency.
Last week we reported that European hedge fund managers were liquidating their European assets to reduce exposure. Now it appears that the lend-happy Chinese will be doing the same.
Greeks pulled their cash out of the banks and stocked up with food ahead of a cliffhanger election on Sunday that many citizens fear will result in the country being forced out of the euro.
While France is preoccupied with the legislative elections next weekend, Germany and Austria plunge into intense public soul searching about the euro, its meaning, its relevancy, the sheer and endlessly growing expense of maintaining it.
European finance officials have discussed as a worst-case scenario limiting the size of withdrawals from ATM machines, imposing border checks and introducing capital controls in at least Greece should Athens decide to leave the euro.
Italy closed down 2.8 percent, Spain fell 0.5 percent, and yields soared in Spain and Italy as any enthusiasm vanished about a Spanish bank bailout.