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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 34-44
  • 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'

    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...
  • 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...
  • Fed communication, timing key to reduce risk of stimulus exit: IMF

    Fed communication, timing key to reduce risk of stimulus exit: IMF
    WASHINGTON -- Clear communication and proper timing are key to the Federal Reserve ending its unprecedented stimulus efforts without damaging the improving U.S. economic recovery, the International Monetary Fund said Friday. With Fed policymakers set 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'

    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

    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...
  • Some Chryslers, Jeeps Could Come From Italy

     
    Europe's financial doldrums could mean more Italian cars in the U.S. ??? but not necessarily Ferraris and Lamborghinis. With a debt crisis a few years old, the European Automobile Manufacturer's Association predicts 2012 will mark a 17-year low for new-...
  • After six quarters of decline, Eurozone economy expands

    After six quarters of decline, Eurozone economy expands
    The Eurozone, which has struggled with a debt crisis and a prolonged recession, saw its economy expand for the first time in 18 months, according to figures released Wednesday. Eurostat, the European Union’s statistical agency, said the...
  • German leader Angela Merkel enters the lion's den: Greece

     
    With Europe's debt crisis deepening, German Chancellor Angela Merkel arrived in Greece o signal her support for a country where many blame her personally for driving their economy into the ground....