After Downgrades, European Leaders Argue For Both Austerity And Stimulus

Europe

In Spain, the prime minister pledged spending cuts and a banking-system cleanup, while in Italy, the prime minister called for “efforts in favor of growth.”

Sections:  news   world   
RELATED ARTICLES
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailoutCyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demandBaby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Swedish police find drugs on Bieber tour busSwedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
BING NEWS:
  • A.M. Links: Taliban Storms Hotel North of Kabul, Moody’s Downgrades Big Banks, Obesity Threatening Planet
    The Taliban stormed a hotel north of Kabul, taking hostages, and fought with local security forces, who received NATO aerial support, for hours. Moody’s downgraded the credit ratings of Goldman Sachs, JP Mogran Chase, Bank of America, Barclay’s ...
    06/21/2012 - 1:00 pm | View Link
  • Fitch Downgrades Five Greek Banks Including National Bank Of Greece
    Many argue that this would cause such widespread ... So in coming weeks all eyes will be on Germany and other European leaders for signs that they will prove flexible in their demands for new austerity measures next month and, more broadly, in Greece's ...
    05/18/2012 - 10:01 am | View Link
  • European Leaders Use Debt Downgrades to Argue for Austerity, and for Stimulus
    FRANKFURT — European leaders sought to limit damage from a ratings agency’s downgrade of nine countries on Friday, or even turn the news to their advantage, saying that it showed the need to impose more austerity or else do more to stimulate growth.
    01/14/2012 - 3:58 pm | View Link
  • Now credit agency S&P downgrades EU bailout fund in blow to mooted rescue package
    Leaders have so far failed to increase the size of the bailout fund from €440billion to €1trillion and it is feared that a downgrade could effectively kill it off. Jonathan Loynes, chief European economist ... debated the 2012 austerity budget, due ...
    12/6/2011 - 7:06 pm | View Link
  • Stocks waver amid threat of EU downgrades
    The rating agency's warning comes as eurozone leaders appear to be gaining some ground on implementing changes to the European Union treaty. German Chancellor Angela Merkel and French President Nicolas Sarkozy said Monday that their proposal includes ...
    12/6/2011 - 5:02 am | View Link
  • More
BING SEARCH:
  • India
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
    04/17/2014 - 8:06 pm | View Website
  • International News | World News
    Get the latest international news and events from Asia, Europe, the Middle East, and more. See world news photos and videos at ABCNews
    04/17/2014 - 2:22 pm | View Website
  • Greek government-debt crisis
    The Greek government-debt crisis is one of a number of current European sovereign-debt crises, which was triggered by the arrival of the global economic recession in ...
    04/17/2014 - 2:08 pm | View Website
  • Euro crisis latest news, commentary and analysis from the ...
    Key moments in the eurozone crisis and a breakdown of bailout spending so far
    04/17/2014 - 11:30 am | View Website
  • The European Debt Crisis: A Beginner's Guide
    The European sovereign debt crisis! It -- wait, come back. This is interesting, we promise. The debt crisis is one of the biggest stories of the year ...
    04/17/2014 - 11:09 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News