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
  • EUROPE OUT OF STEP WITH THE ZEITGEIST The New Silk Road Shows the ... - Executive Intelligence Review
    ... about a perspective for development embracing 64 countries and 4.4 ... led to neither the prosperity nor integration of the Eurozone, and that ...
    08/20/2016 - 2:31 pm | View Link
  • The 'Neutral Rate' - Safe Haven
    Despite the eurozone's serious deficiencies, the euro ended the week ... single currency, which stretches across 19 different countries, each with
    08/20/2016 - 10:41 am | View Link
  • Gold glistens as scared property investors switch exposures - The News International
    ... but according to the World Bank, in most countries, real estate ... 000/ounce mark.” Amid weakening greenback and fears of Eurozone crisis, ...
    08/20/2016 - 4:07 am | View Link
  • Selling masala bonds in London - Mumbai Mirror
    ... yields' (MM, July 9) had described how in some countries they have ... By contrast Eurozone and Japan are facing zero or negative inflation.
    08/19/2016 - 12:32 pm | View Link
  • Brexit road map becomes clearer two months on - Gulf News
    ... but is not part of the Eurozone; it has retained a budgetary rebate and ensured it cannot be outvoted by Eurozone countries against UK...
    08/19/2016 - 8:39 am | View Link
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  • Financial union: Resilience in the Eurozone
    However, when large shocks occur, market pressure can deprive individual countries of their fiscal stabilisers, as was the case during the recent debt crisis, which in turn affects the Eurozone as a whole. This is the reason all mature monetary unions also ...
    08/24/2016 - 8:14 pm | View Link
  • Can Anything Save The Eurozone?
    Ever since I started covering the plight of Greece in 2010, I have believed that the ultimate resolution for Greece and other "weak sister" countries would be to go back to their own currencies. Why? The short answer: depreciation of their own currencies ...
    08/24/2016 - 11:15 am | View Link
  • Eurozone faces a choice between reform or divorce
    To say that the eurozone has not been performing well since the 2008 crisis is an understatement. Its member countries have done more poorly than the European Union countries outside the eurozone, and much more poorly than the United States, which was the ...
    08/24/2016 - 9:48 am | View Link
  • Continent barely notices UK vote as Eurozone sees growth in activity
    The data suggests that any immediate economic fallout from the Brexit vote on June 23 may be confined to the UK, and, to a lesser extent, Ireland, and has left other EU countries broadly unaffected.
    08/23/2016 - 3:30 pm | View Link
  • DAILY BRIEFING: Eurozone firms' slow growth continues
    But Goldman analysts expect rising supply from politically volatile countries such as Nigeria to prevent a sustained rally. CHIEF QUITS City of London Group has lost its second boss in a year as the struggling finance business seeks to transform its fortunes.
    08/23/2016 - 12:47 pm | View Link
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  • Eurozone economy: In depth news, commentary and analysis ...
    Eurozone economy: Europe's fragile economic recovery after the sovereign debt crisis and its struggles with austerity
    08/22/2016 - 1:42 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 ...
    08/21/2016 - 3:59 am | View Website
  • Eurozone crisis | Business | The Guardian
    A year after the crisis was declared over, Greece is still spiralling down
    08/20/2016 - 11:20 pm | 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 been taking place ...
    08/20/2016 - 9:19 pm | View Website
  • Innovation
    WELLNESS Stemtech continues empowering people to enhance their quality of lifestyle and help other people through sharing the innovative Stemtech products.
    08/20/2016 - 12:00 pm | View Website
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