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 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 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
  • German factory orders rose for a second consecutive month in September, powered by a large increase in demand from other eurozone countries
    BERLIN (AP) -- German factory orders rose for a second consecutive month in September, powered by a large increase in demand from other eurozone countries. The Economy Ministry said Monday that orders were 1 percent higher than the previous month ...
    11/5/2017 - 6:47 pm | View Link
  • Eurozone economy steams on, unemployment near 9-year low
    Official figures released Tuesday showed that the single currency bloc, which is made up of 19 countries, was 2.5 percent bigger in the third quarter of 2017 than it was the year before. That's the highest annual growth rate since the first quarter of 2011 ...
    10/30/2017 - 10:23 pm | View Link
  • More
  • 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.
    11/9/2017 - 5:56 pm | View Website
  • What is the outlook for European equities?
    Fading political risk has supported eurozone equities, but what can drive further gains from here?
    11/9/2017 - 8:23 am | View Website
  • The World Economy | Economy Watch
    The World Economy In 2013: The Calm Before The Storm? After nearly four years of economic turmoil, the global economy in 2013, comparatively at least, appears to be ...
    11/9/2017 - 3:59 am | View Website
  • Long-Term Refinancing Operation
    The European Central Bank's long-term refinancing operation is a process by which the ECB provides financing to eurozone banks. The stated aim of the LTRO is to ...
    11/8/2017 - 5:36 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.
    11/8/2017 - 6:30 am | View Website
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