A Look At The 4 Eurozone Countries With Bailouts


Europe agreed Saturday to allow Spain to tap a rescue fund of up to (EURO)100 billion ($125 billion) to bail out its troubled banks, which are struggling under the weight of soured real estate loans after a Spanish housing bubble burst. Spanish Economy Minister Luis de Guindos said the country will reveal how much money it needs within coming weeks, after audits of its financial sector are completed.

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  • 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
  • Pope hints at possible changes to scandal-ridden Vatican bank
    Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More
  • ‘We know, with absolute certainty, that the euro will self-destruct and the Eurozone will disintegrate’
    40 “At the time of the end the king of the South shall attack him; and the king of the North shall come against him like a whirlwind, with chariots, horsemen, and with many ships; and he shall enter the countries, overwhelm them, and pass through.
    12/10/2016 - 1:55 pm | View Link
  • Brexiteer Michael Portillo says EU is doomed to fail because of 'catastrophic' eurozone
    He said: “I fear that whether the euro survives or whether it collapses, either one is a catastrophe. “If the euro's maintained, then countries like Greece and Spain and Italy and Portugal and Ireland continue to suffer and in particular it’s the you ...
    12/9/2016 - 12:30 am | View Link
  • Why 2017 will bring the eurozone crisis to a head
    Either Europe knuckles down and reforms both national and EU-wide politics to allow countries to rub along without shattering the eurozone. Or one or more countries crack, and decide to up and quit. And that’s what 2017 is going to be about in Europe.
    12/8/2016 - 9:58 pm | View Link
  • E.C.B. Extends Bond-Buying Program to Protect Eurozone Economy
    As he has for years, Mr. Draghi beseeched leaders of eurozone countries to take steps to help their economies grow faster, warning that the European Central Bank cannot guarantee the health of the common currency area on its own. But when Italian voters ...
    12/8/2016 - 9:27 am | View Link
  • Eurozone QE and bank profitability: Why it is too early to taper
    It is also fair to note that there are important differences between eurozone countries. Banks in countries with persistent issues around bad loans are not able to create credit and generate profits. We also found that bank profitability in Germany has ...
    12/7/2016 - 9:22 pm | View Link
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  • In depth: Austerity Europe
    Trump criticises Beijing in defence of call with Taiwan’s leader Trump’s tax plans favour the rich and will hamper economic growth
    12/7/2016 - 12:54 pm | View Website
  • List of Eurozone Countries | Eurozone Nations | Eurozone ...
    The eurozone is an Economic and Monetary Union (EMU) of 17 European Union (EU) member states that have adopted the euro (€) as their common currency.
    12/6/2016 - 10:14 pm | View Website
    All EU countries - or almost all - have to join the Eurozone. But what are the rules of the common currency? Journey into the inner workings of the euro.
    12/6/2016 - 11:37 am | View Website
  • Eurozone
    The eurozone ( pronunciation (help · info)), officially called the euro area, is a monetary union of 19 of the 28 European Union (EU) member states which have ...
    12/4/2016 - 4:01 am | View Website
  • Eurozone economy
    Trump spreads delight and dismay with phone call to Pakistan China’s brutally pragmatic response to a shifting world order Trump team looks ...
    12/4/2016 - 2:42 am | View Website
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