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
  • Support for Terrorism in Muslim Majority Countries and Implications for Immigration Policies in the West
    According to the polling data collected by Russell Berman and Arno Tausch, 1) 8.3% of Muslims worldwide support the so-called Islamic State; 2) 18% of Syrian refugees sympathize with the group, while 30% of them want to establish a theocratic state in ...
    05/23/2017 - 8:22 pm | View Link
  • After Brexit, EU Plans to Expand Eurozone by Crafting Offer Countries ‘Can’t Refuse’
    The European Commission aims to make adopting the euro more attractive to European Union members currently outside the currency bloc, the economics commissioner said on Tuesday, in a bid to make the union more tight-knit after Britain’s vote to leave.
    05/23/2017 - 3:38 am | View Link
  • Eurozone Bounces Back as Growth Beats US, Britain – But Is It Sustainable?
    After years of stagnation and high unemployment, the eurozone countries appear to be bouncing back with growth in the shared currency bloc, soaring higher than in the United States and Britain. The eurozone grew at an annual rate of 1.7 percent during the ...
    05/18/2017 - 9:03 pm | View Link
  • Facing Sri Lanka’s Ghosts
    "This is a democratic government, and in the end they can only do what the people are accepting," Perera says. In other countries that have experienced extended conflicts, such as Cambodia and Bangladesh and Argentina, "you have to wait long periods of ...
    05/18/2017 - 3:38 am | View Link
  • These 10 American foods are banned in other countries
    Great news- I’ve worked out an exclusive deal with the publisher to provide our vistors a free copy of this book today! The best part: A pain free life can be yours much sooner than what you may think. You’ll discover the secrets to that ended 30 years ...
    05/17/2017 - 4:04 am | View Link
  • More
    The euro is the most tangible proof of European integration – the common currency in 19 out of 28 EU countries and used by some 338.6 million people every day.
    05/22/2017 - 3:21 am | View Website
  • Eurozone
    Member states. In 1998 eleven member states of the European Union had met the euro convergence criteria, and the eurozone came into existence with the ...
    05/20/2017 - 7:15 pm | View Website
  • List of Eurozone Countries | Eurozone Nations | Eurozone ...
    The eurozone is an Economic and Monetary Union of 17 European Union (EU) member states that have adopted the euro (€) as their common currency and sole legal tender.
    05/20/2017 - 7:08 pm | View Website
  • Choose a language
    Council of the European Union. Choose a language. BG Български; ES Español; CS Čeština; DA Dansk
    05/19/2017 - 5:05 am | View Website
  • Eurozone countries
    The European Union member - countries that participate in the common european currency and are collectively known as the Eurozone
    05/17/2017 - 5:46 pm | View Website
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