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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 67-77
  • Angela Merkel is sworn in for a third term as German chancellor

    LONDON — She’s once, twice, three times a chancellor: Angela Merkel, Germany’s first female leader, was sworn in Tuesday for her third term, underlining her dominance on the political scene in Europe’s biggest economy. Merkel,...
  • 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...
  • Poll: We're still shying away from investing in stocks

    Poll: We're still  shying away from investing in stocks
    The stock market has rebounded since it plummeted during the Great Recession, yet three fourths of Americans are still shying away from investing in stocks, according to a new poll from Palm Beach County-based Bankrate.com Only 18 percent are more...
  • T. Rowe Price reports $206.8 million profit for second quarter

    T. Rowe Price Group said earnings rose to $206.8 million for the second quarter on record revenue of $736.8 million, results that fell below analysts' expectations and sent the company's shares tumbling Wednesday. On a per-share basis, the Baltimore-...
  • 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...
  • Maryland's unemployment rate for July rises slightly to 7 percent

    Maryland's unemployment rate for July rises slightly to 7 percent
    For yet another month, Maryland's unemployment rate inched upward, reaching 7 percent in July, the U.S. Department of Labor reported Friday. Maryland, however, saw an increase in 800 jobs last month, the first gain since February. "The fact that the...
  • 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...
  • Ouch: Greece's biggest company, Coca-Cola Hellenic, moves out

    Ouch: Greece's biggest company, Coca-Cola Hellenic, moves out
    Maybe it was the soaring unemployment, or possibly the deep debt crisis. But as Greece struggles with its myriad troubles, its largest company, Coca-Cola Hellenic, is jumping ship to more stable ground. The company, one of the world’s largest...
  • 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...
  • Eurozone unemployment hits record high 11.6%

    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...
  • Vatican reports worst deficit in years: $18.4 million

    Vatican reports worst deficit in years: $18.4 million
    The effects of the euro zone debt crisis has reached into some of the holiest of halls, pushing the Vatican into one of its worst budget deficits in years. The Holy See on Thursday reported a shortfall of 14.9 million euros, or $18.4 million. “The...