Italy Eyes Euro Zone Aid To Ease Debt Pain

Euro Zone

BRUSSELS (Reuters) - Italy said on Tuesday it may want to tap euro zone aid to ease its borrowing costs as finance ministers struggled to convince markets they are getting a grip on the bloc's debt crisis, which a top European Central Banker said could escalate.

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:
  • Despite Greece, euro zone is turning the corner
    The heightened risk of a Greek default and/or exit comes just as there are signs that the euro zone is turning the corner after seven ... cut their deficits and debt. Another encouraging sign is that lending to businesses in Italy and Spain is picking ...
    03/1/2015 - 7:02 pm | View Link
  • Euro-Zone GDP — Recap
    The gloom over the euro-zone economy has darkened ... “Two downward surprises in the two biggest eurozone members today, combined with the downward surprise from Italy last weak do not bode well for the eurozone average,” they write in a note.
    08/14/2014 - 12:22 pm | View Link
  • Berlin vs. Rome: A Tale of Two Visions
    For weeks, the eyes ... request aid than the market will turn its attention to other countries including Italy, fueling the sense of crisis in the euro zone. If ECB support for Spain does become necessary, strict conditions will be required to ease the ...
    09/30/2012 - 10:21 pm | View Link
  • The Merkel memorandum
    Greece is a disaster zone. Ireland and Portugal ... of their own within the euro area (see chart 2). Italy, by contrast, has low net external liabilities worth only 21% of GDP (lower than America’s 27%). XXII. External-debt levels are far higher in ...
    08/10/2012 - 1:00 pm | View Link
  • Noyer says low ECB rates not easing bank funding costs
    In the eyes of the markets ... would be in a much more federalised euro zone." Euro zone leaders agreed last month to bend their aid rules to shore up banks and bring down borrowing costs of stricken debtors like Italy and Spain, as well as to form ...
    07/16/2012 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Eurozone
    The eurozone ( pronunciation (help · info)), officially called the euro area is a monetary union of 19 European Union (EU) member states that have adopted the euro ...
    05/28/2015 - 1:09 pm | View Website
  • About.com
    The largest source for Expert content on the Internet that helps users answer questions, solve problems, learn something new or find inspiration.
    05/28/2015 - 8:44 am | View Website
  • Euro Zone | Reuters.com
    Latest news on the euro zone from Reuters.com
    05/28/2015 - 7:04 am | View Website
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has taken place in ...
    05/28/2015 - 6:49 am | View Website
  • Euro crisis latest news, commentary and analysis from the ...
    Euro crisis latest news and analysis on the euro debt crisis and possible financial contagion in eurozone
    05/27/2015 - 6:46 pm | 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