A Look At The 4 Eurozone Countries With Bailouts

Spain

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.

Sections:  news   world   
RELATED ARTICLES
  • 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
ASK NEWS:
  • Whats wrong with negative rates? - Bangladesh Daily Star
    ... eurozone's structure and the ECB's policies have ensured that banks in the underperforming countries, and especially in the crisis countries...
    05/4/2016 - 3:24 pm | View Link
  • Europe to Remove 500-Euro Bill, the ‘Bin Laden’ Bank Note ... - New York Times
    The decision simply means that, beginning at the end of 2018, central banks in the 19 countries of the eurozone will no longer replace €500...
    05/4/2016 - 1:54 pm | View Link
  • Teleperformance Recognized as Top 100 Global Outsourcing Service ... - Morningstar.com
    Number of Employees and Best Leaders in Number of Countries Worldwide. ... They also have been included in the Euronext Vigeo Eurozone 120 index
    05/4/2016 - 12:58 pm | View Link
  • Asian stocks fall 2nd day on global growth concern - Boston Herald
    Global stocks dented by growth concerns ahead of US data - Minneapolis Star Tribune
    05/4/2016 - 11:57 am | View Link
  • Eurozone Recovery Belies Euroskeptic Myths - Morningstar.com
    Growth is certainly disappointingly low in many countries and well below precrisis trends, but that is hardly a problem unique to the eurozone.
    05/4/2016 - 6:01 am | View Link
  • More
BING NEWS:
  • Prepare for disintegration: How new technology and the euro-crisis legacy could break the EU apart
    Essentially, Gillingham’s point is that, to generate a dynamic, innovative, digital economy, countries must fully exploit peer-to-peer, cloud computing, the Internet of Things and crypto-currencies, and that they could make the shift faster outside the EU.
    05/4/2016 - 1:40 pm | View Link
  • Eurozone Recovery Belies Euroskeptic Myths
    Growth is certainly disappointingly low in many countries and well below precrisis trends, but that is hardly a problem unique to the eurozone. Second, the pattern of recovery shows that the euro isn't the sole cause of the eurozone’s woes. Euro ...
    05/4/2016 - 10:34 am | View Link
  • Draghi points to savings glut in some eurozone countries
    Germany and some other eurozone economies are contributing to a global "savings glut", the president of the European Central Bank (ECB) has warned. The low interest rates prevailing in most advanced...
    05/4/2016 - 5:57 am | View Link
  • Economist Paul Craig Roberts: Greece Must Leave the Eurozone to Regain Its Sovereignty
    In this interview, which has been lightly edited, he discusses how countries are indebted and forced to accept austerity, as well as current US economic conditions and the presidential election. Michael Nevradakis: You have written that Greece is under ...
    05/4/2016 - 2:52 am | View Link
  • Eurozone retail sales drop more than expected in March
    On the year, sales in the 19 countries that share the euro were up 2.1%, missing forecasts of a 2.5% increase. Dennis de Jong, managing director at UFX.com, said: “Unpredictable weather and an unsure political outlook are causing uncertainty across the ...
    05/4/2016 - 12:47 am | View Link
  • More
BING SEARCH:
  • 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
    05/1/2016 - 3:31 pm | View Website
  • countries Using The Euro As Their Currency
    Estonia began using the euro on January 1, 2011. Latvia began using the euro as its currency on January 1, 2014. Lithuania is expected to join the Eurozone ...
    05/1/2016 - 1:00 pm | View Website
  • Eurozone
    The eurozone ( pronunciation (help · info)), officially called the euro area, is a monetary union of 19 of the 28 European Union (EU) member states which have ...
    05/1/2016 - 8:35 am | View Website
  • What is Eurozone? definition and meaning
    The collective group of countries which use the Euro as their common currency. The Eurozone came into being in 1999, and originally consisted of 11 countries. Now 17 ...
    05/1/2016 - 8:14 am | View Website
  • Eurozone countries
    The Eurozone. January 1, 2002 was the dawn of a new era, opening a new chapter in European history as twelve of the countries in the European Union issued their new ...
    05/1/2016 - 5:15 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News