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
  • Eurozone inflation falls to 0.3%, as deflation knocks - Yahoo! News
    In July, there were 18.4 million people unemployed in the 18-member countries of the eurozone.
    08/29/2014 - 6:59 am | View Link
  • Auchan reports profit drop on French price war, ruble fall - Yahoo! News
    ... in emerging countries which offset the negative trends in the eurozone." But Auchan said that crisis over Ukraine and Russia, countries in...
    08/29/2014 - 6:03 am | View Link
  • Worrying eurozone inflation sags again to 0.3 pct - Belleville News Democrat
    Worrying eurozone inflation sags again to 0.3 pct - Sun Herald
    08/29/2014 - 5:20 am | View Link
  • Eurozone bond rates hit new low - Bangkok Post
    Eurozone bond rates fall to record low levels - Yahoo! Singapore
    08/27/2014 - 10:18 am | View Link
  • Eurozone bond rates fall to record low levels - Yahoo! News
    Eurozone borrowing costs fall to record lows - MENAFN
    08/27/2014 - 9:48 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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  • Eurozone unemployment rate at 11.5 percent in July
    Eurostat estimated that 24.850 million men and women in EU countries were unemployed in July, among whom 18.409 million were in the eurozone. For young people aged under 25, 5.062 million were unemployed in the EU in July, of whom 3.327 million were in the ...
    08/29/2014 - 12:57 am | View Link
  • Worrying eurozone inflation sags again to 0.3 pct
    FRANKFURT, Germany (AP) — Inflation in the 18 countries that use the euro sank to 0.3 percent in August, a worrying sign of economic weakness that is putting pressure on the European Central Bank to take drastic steps to save a stalling recovery.
    08/29/2014 - 12:14 am | View Link
  • Eurozone inflation 0.3%, Eurostat says, as deflation knocks
    But the rate is high, and exceptionally high in some countries such as Spain, Greece and Italy, and is also running at a new record high level in France, which has just been hit by a major political crisis over slow growth, high unemployment and the need ...
    08/29/2014 - 12:02 am | View Link
  • Eurozone unemployment unchanged in July
    This was 725,000 people less than in July 2013. Greece (27.2%) and Spain (24.5%) have the highest jobless rates in the Eurozone, while Germany and Austria share the lowest levels of unemployment with both countries at 4.9%.
    08/29/2014 - 12:01 am | View Link
  • Will the drop in Eurozone inflation to five year low be enough for ECB to intervene with stimulus?
    Consumer prices in the 18 countries using the euro rose by just 0.3 percent year-on-year in August, the smallest increase since October 2009, the European Union's statistics office Eurostat reported. Inflation, which dropped unexpectedly to 0.4 percent in ...
    08/28/2014 - 11:15 pm | View Link
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  • 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
    08/28/2014 - 9:31 pm | View Website
  • Eurozone crisis
    The eurozone crisis (often referred to as the euro crisis) is an ongoing crisis that has been affecting the countries of the eurozone since early 2009, when a group ...
    08/28/2014 - 9:24 pm | View Website
  • Countries Using the Euro as Their Currency
    A listing of the countries that utilize the euro as their official currency. This euro country list is from your About.om Expert to Geography.
    08/28/2014 - 8:34 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 ...
    08/28/2014 - 2:29 pm | View Website
  • Home
    Growth and jobs. Efforts to ensure stability in the euro area and to deepen economic and monetary union are not an end in themselves, but rather a means to revive ...
    08/28/2014 - 1:03 pm | View Website
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