Germany Saves Euro Zone From Recession, Split Deepens

BRUSSELS/BERLIN (Reuters) - Germany pulled the euro zone's economy back from the brink of recession at the start of 2012 but stagnation in France and contraction in southern Europe underlined sharply differing fortunes in a bloc laboring under the effects of austerity.

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  • Euro zone, IMF split over how much Greece needs to reform
    because we are at the end of a recession ... the euro zone would very much like it to be. But the Fund will not join unless their views align. The approval of the IMF is also a must for northern European countries like Germany, Austria or Finland, which ...
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    ATHENS, July 5 (Reuters) – Greeks voted on Sunday in a referendum that could determine their future in Europe’s common currency, with banks shuttered, the treasury empty and a population desperate, angry and so deeply split ... of his euro zone ...
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  • The euro still has a long way to fall
    The split ... in the euro zone, cut its main rate to 0.25%, just a whisper above zero. Katie Martin assesses the ECB’s move and whether it will have the desired effect. Countering this, a growing body of industrial and financial opinion in Germany ...
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  • Czechs Split Deeply Over Joining the Euro
    Indeed, the country has slumped into a modest recession since 2011 ... potential liabilities the Czech National Bank estimates it saves over a three-year period from being outside the euro zone. It is 280 billion korunas, or $14 billion, not ¤280 billion ...
    02/28/2013 - 7:16 pm | View Link
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