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
  • UPDATE: Here's your second-half playbook for stocks - TD Ameritrade
    ... is likely to keep short-term interest rates low through early 2015, given that the Eurozone, Japan and many other countries are still in an...
    07/19/2014 - 12:29 pm | View Link
  • High cost to new neutrality - Frontier Post
    Germany and South Korea readjust their relationships with Russia and ... - Washington Post
    07/19/2014 - 12:02 pm | View Link
  • Global Industrial Production Shakes Off 2007 Doldrums - NDTV
    ... the other major eurozone countries. Overall, production in the eurozone is 11 percent lower than in 2007. Among the three largest countries in...
    07/19/2014 - 9:38 am | View Link
  • Low inflation can hit European growth: IMF - Bangladesh Daily Star
    ... help the region's stalling economy emerge from the eurozone debt crisis. ... stands at an average of 24 percent in the EU countries is simply ...
    07/19/2014 - 4:40 am | View Link
  • Eurozone Traded Less with Russia in Q1, 2014 - Sofia News Agency
    ... the Eurozone and Russia. In addition, the European countries import fewer Russian goods (9% less). Among all trade partners of the Eurozone...
    07/18/2014 - 8:06 am | View Link
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  • Eurozone price inflation hits trough in May
    A further slowdown in eurozone inflation in May was confirmed on Monday, as the cost of telecommunication and food kept prices low, confirming a problem that the European Central Bank recently sought to stem.
    06/16/2014 - 6:51 am | View Link
  • Eurozone Posts Encouraging Industrial Output Data
    The euro was steady at $1.3569 at 7:45 GMT on Friday morning after stronger than expected economic data helped lift expectations about the region’s GDP growth in the second quarter. The common currency ...
    06/13/2014 - 9:05 am | View Link
  • World Bank sees 'flat' growth for developing countries
    The World Bank lowered its 2014 growth forecasts for the global economy Tuesday, but said advanced economies' rebound from a rough start would help offset stagnation in developing countries. Most of the pick-up in growth this year will come from high-income countries, particularly the United States and the 18-nation eurozone, the World Bank said in its twice-yearly Global Economic Prospects ...
    06/10/2014 - 7:42 pm | View Link
  • Eurozone ‘could get more time to meet targets’
    Eurozone countries could get more time to meet budget targets as part of a "contract" to carry out reforms, said Jeroen Dijsselbloem, head of the Eurogroup of finance ministers.
    06/5/2014 - 7:31 pm | View Link
  • Finland once eurozone 'model pupil' stuck in recession
    Finland is in its longest recession for two decades, official data showed on Thursday, the same day as the ECB announced interest rate cuts to stimulate the European economy. Finland's output contracted by 0.4 percent in the first quarter, which was the eighth in a row without growth. Once considered among eurozone's examples to follow, the Finnish economy has continuously shrunk over the last ...
    06/5/2014 - 9:18 am | View Link
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  • Lanka will qualify for Eurozone
    Smits was in Sri Lanka with a Dutch trade delegation of five high level business representatives as part of an effort to boost trade relations between the two countries. The Vice Minister had emphasised, 'after a 40- year focus on development cooperation ...
    07/19/2014 - 8:44 am | View Link
  • The current state of the Eurozone economy and its perspectives
    The lack of price competitiveness relative to the North led to rising debt with many European countries unable to compete in a global market.The long-term health of Eurozone depends on Germany raising its unit labour costs and other European member states ...
    07/17/2014 - 10:54 pm | View Link
  • Eurozone economy: Health check and implications
    Cook: And so within the Eurozone, obviously it’s not a homogenous region, do we continue to see quite a high level of differentiation between specific countries? Garcia Zarate: The gap between the core economies – and in particular Germany, which ...
    07/17/2014 - 9:00 pm | View Link
  • E.C.B. Sets Tight Deadline for Troubled Eurozone Banks
    Banks have grumbled about the immense task of compiling information for the central bank, but analysts see the review as essential to restoring the flow of credit to countries like Italy and Spain. As publication of the results approaches, however ...
    07/17/2014 - 2:08 am | View Link
  • The Eurozone's Inflation Rate Remains In The 'Danger Zone'
    Consumer prices in the 18 countries using the euro rose 0.1 percent on the month in June for a 0.5 percent year-on-year gain -- the same annual inflation rate as in May, data from the European Union's statistics office Eurostat showed. The annual rate is ...
    07/16/2014 - 10:39 pm | View Link
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  • Eurozone countries
    The European Union member - countries that participate in the common european currency and are collectively known as the Eurozone
    07/19/2014 - 9:50 pm | View Website
  • Eurozone
    The Eurozone , officially called the euro area, is an economic and monetary union (EMU) of 18 European Union (EU) member states that have adopted the euro (€) as ...
    07/19/2014 - 8:10 pm | View Website
  • Enlargement of the eurozone
    The enlargement of the eurozone is an ongoing process within the European Union (EU). All Member states of the European Union, except for Denmark and the United ...
    07/19/2014 - 5:18 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.
    07/19/2014 - 3:52 pm | 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
    07/19/2014 - 1:50 pm | View Website
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