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
  • Senior MEP fears Brexit will INTENSIFY EU pressure on countries who have REFUSED the euro
    The European Union could try to exploit Brexit and impose the euro currency onto the remaining eight countries inside the bloc who do not use the euro, according to a Polish MEP. Speaking to the Institute of Government yesterday, the Polish MEP Danuta ...
    01/19/2018 - 8:13 pm | View Link
  • Ireland sees biggest fall in unemployment for eurozone OECD countries
    Ireland recorded the largest decrease in unemployment among eurozone OECD countries in November. Ireland's unemployment rate dropped by 0.2% to 6.1%, while Portugal's also dropped by 0.2% to 8.2%. The overall OECD unemployment rate was stable at 5.6% in ...
    01/15/2018 - 10:11 pm | View Link
  • 18 amazing countries where you can stay, eat, and tour for less than you live at home
    When you ask Americans why they don't travel abroad, the top reason they cite is cost. But once you get on that plane to a cheaper part of the world — Southeast Asia, say, or Central America, or even, yes, Northern Europe — man do the prices drop.
    12/12/2017 - 9:05 am | View Link
  • In shift away from austerity, euro countries pick new leader
    Centeno, the overwhelming favorite, came out on top after two rounds of voting among his peers and will officially succeed Dutchman Jeroen Dijsselbloem on Jan. 13. His term as eurogroup president will last for two and a half years. Following his victory ...
    12/3/2017 - 2:35 pm | View Link
  • Germany Is Screwing All of Europe Because It’s Too Big
    Germany is at odds with other eurozone countries that want more stimulus. The tension is partly to blame for the region’s near-zero growth and inflation. Photo by John Macdougall/AFP/Getty Images This article originally appeared in Business Insider.
    12/3/2014 - 3:52 am | View Link
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  • What is the outlook for European equities?
    Fading political risk has supported eurozone equities, but what can drive further gains from here?
    01/17/2018 - 1:40 am | 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 ...
    01/16/2018 - 7:27 pm | View Website
  • What is Eurozone? definition and meaning
    Definition of Eurozone: The collective group of countries which use the Euro as their common currency. The Eurozone came into being in 1999, and...
    01/16/2018 - 3:45 pm | View Website
  • The World Economy | Economy Watch
    The World Economy In 2013: The Calm Before The Storm? After nearly four years of economic turmoil, the global economy in 2013, comparatively at least, appears to be ...
    01/16/2018 - 2:48 pm | View Website
  • Eurozone economy
    Race to build a million-mile car becomes a reality Shake-up for UK bank accounts comes into force Facebook’s Sandberg and Twitter’s Dorsey ...
    01/16/2018 - 2:24 am | View Website
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