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
  • [Ticker] Hollande and Merkel call for Eurozone summit: Reports - EUobserver
    French president Hollande and German chancellor Merkel have called for an emergency summit of Eurozone countries on Tuesday in the wake of a Greek
    07/5/2015 - 5:09 am | View Link
  • While Greece Roils, U.S. Settles Into a Rut - Morningstar.com
    ... of the eurozone. The short-term drama should settle down soon, but the longer-term structure of the European Union, with disparate countries...
    07/4/2015 - 8:21 am | View Link
  • Safe Levels of Government Debt Are Lower in Eurozone, Says OECD - Morningstar.com
    But in an influential analysis, Belgian economist Paul de Grauwe argued that by joining the eurozone, countries were "downgraded to the status...
    07/3/2015 - 9:39 am | View Link
  • Bulls and Bears Make Money, But Do PIIGS or PIIS Get Slaughtered? - Yahoo! Finance
    ... an acronym used for the troubled Eurozone economies: Portugal, Italy, Ireland, Greece, and Spain. The common element among these countries is...
    07/2/2015 - 12:57 pm | View Link
  • Eurozone Investors Fear Repercussions: Will Other Countries Follow? - Yahoo! Finance
    ... bordering countries. Macedonia, Romania, and Bulgaria could be impacted by repercussions from the Greek default. The rest of the Eurozone (VGK...
    07/1/2015 - 3:06 pm | View Link
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  • Updated: Unwanted by eurozone ministers, Greek Finance Minister resigns after bailout vote
    There was no immediate announcement of his replacement. Tsipras was elected on promises to repeal the austerity demanded in return for a bailout from other eurozone countries and the International Monetary Fund, and negotiations broke down late last month ...
    07/6/2015 - 12:20 am | View Link
  • The Morning Ledger: Eurozone Faces Uncertain Future After Greeks Reject Bailout Terms
    With merger deal, Aetna, Humana get ahead of the pack. In the game of merger musical chairs the nation’s five biggest health insurers have been playing lately, Aetna Inc. and Humana Inc. hustled to grab the first seats. The two insurers disclosed their $ ...
    07/6/2015 - 12:20 am | View Link
  • Simon Heffer: The eurozone project has failed no matter what happens next for Greece
    It will no longer be sustainable to argue that one size fits all, and that there is an economic culture in Europe common to all countries in the eurozone. This has been one of the fundamentals of the whole project, and for it to be proved utterly false ...
    07/5/2015 - 11:14 pm | View Link
  • Grexit: as Greece says No, what next for the eurozone?
    All eyes will be on the European Central Bank (ECB), to see if it cuts off support for Greek banks, and whether it is prepared to intervene to protect the bonds of eurozone countries and help prevent financial contagion. But Bloomberg warns readers not to ...
    07/5/2015 - 10:56 pm | View Link
  • Fears of Greece Exit From Eurozone Hits Sensex: 10 Developments
    3) The "no" vote raised the risk of a full-blown crisis in the eurozone as there are fears that "Grexit" could encourage anti-euro sentiment in other countries. 4) Two key meetings are now being keenly tracked - the first will be held between German ...
    07/5/2015 - 8:36 pm | View Link
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  • The eurozone crisis by the numbers | Business | DW.COM ...
    Economic data The eurozone crisis by the numbers. The financial crisis in Greece and other eurozone countries has been dragging on for years. We take a closer look at ...
    07/6/2015 - 2:07 am | View Website
  • Eurozone Definition | Investopedia
    DEFINITION of 'Eurozone' A geographic and economic region that consists of all the European Union countries that have fully incorporated the euro as their national ...
    07/6/2015 - 1:38 am | View Website
  • Eurozone
    The eurozone , officially called the euro area, is a monetary union of 19 European Union (EU) member states that have adopted the euro (€) as their common currency ...
    07/6/2015 - 12:05 am | View Website
  • Euro Zone | Reuters.com
    Exclusive: Europeans tried to block IMF debt report on Greece: sources. BRUSSELS - Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of ...
    07/5/2015 - 5:53 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.
    07/5/2015 - 3:30 pm | View Website
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