Tag: Eurozone

US President Barack Obama and British Prime Minister David Cameron called on Europe to come up with an “immediate plan” to resolve the eurozone...

Perceiving global economic crisis of 2008 and recent debt crisis of Eurozone, the economic leaders of South Asia and China on Tuesday vowed for...

 Oil prices were mixed in Asian trade Tuesday as investors weighed the eurozone's mounting debt woes with the prospect of a disruption to Middle East...

Oil extended losses in Asian trade Friday on growing concerns that the eurozone's debt woes could worsen, causing a global crisis that would ravage...

Global stocks slid and the euro hit a four-month low on Monday on worries about a potential exit by Greece from the euro zone,...

Greece remained mired in political stalemate Friday as talks on forming a coalition government stalled after inconclusive weekend polls boosted anti-austerity parties and rattled...

Spain and faced growing market pressure on Monday, stoking fears of a new phase in the euro zone debt crisis as Madrid’s budget...

Saving the euro, say the sages of the global economy, requires radical steps. The OECD recently called for a large European firewall – a...

Great empires rarely succumb to outside attacks. But they often crumble under the weight of internal dissent. This vulnerability seems to apply to the...

European policymakers like to extol the strength of the eurozone: relative to the United States, it has a much lower fiscal deficit (4% of...

French President Nicolas Sarkozy warned Thursday that Europe was facing an unprecedented risk from its debt woes and said a crucial EU summit was...

Commodity prices rallied this week as the US dollar weakened against the euro in reaction to global efforts to tackle an escalating eurozone debt...

Italian Prime Minister Silvio Berlusconi quit power Saturday to cheering from a crowd of thousands in Rome after a wave of market panic that...

Global Economic Outlook Europe’s problems are not all over yet Europe has been thrust into a debilitating credit crunch debacle. Tough times lie ahead for...

The IMF lowered its forecasts for Asian growth and warned in a report Thursday that the region faces downside risks due to worries over...

As many commentators have rightly observed, the euro experiment is at a crossroads. Either the eurozone will deepen into a fiscal union, or the...

BRUSSELS: A dispute over creating joint eurozone bonds to help weak European nations threatened Wednesday to creep into an EU summit aimed at preventing future debt crises amid fresh fears over Spain's economy.
The head of eurozone finance ministers, Luxembourg Prime Minister Jean-Claude Juncker, said he may raise the issue when European Union leaders hold talks in Brussels on Thursday and Friday. Concerns about the eurozone's health deepened after Moody's ratings agency warned