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 consumer confidence inches higher in October, in line with expectations
    The index was forecast to rise to -8.0, with 35 economist estimates ranging from -8.6 to -7.0. In the wider European Union of 28 countries, confidence dropped by 0.1 points to -6.5 points, the Commission said in a statement. After dipping lower following ...
    10/23/2016 - 8:07 pm | View Link
  • FX Week Ahead
    Eurozone activity expected to be steady in October Monday will start with the Markit flash PMIs for key Eurozone countries as well as for the euro area as a whole. According to Reuters poll, a slight improvement is expected in the services and composite ...
    10/21/2016 - 2:07 am | View Link
  • Negative Eurozone Interest Rates May Hamper U.S. Bank ETFs
    Negative interest rates in the Eurozone and in other European countries are another problem for EUFN’s holdings. Financial shares pushed higher Friday after J.P. Morgan (NYSE: JPM), Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) revealed earnings that ...
    10/20/2016 - 3:58 am | View Link
  • European Central Bank keeps stimulus program steady
    The chief monetary authority for the 19 countries that use the euro currency left its refinancing rate for lending to banks at zero and the rate on bank deposits at minus 0.4 percent. It also maintained the scale and breadth of its bond-buying program.
    10/20/2016 - 2:03 am | View Link
  • Duration of eurozone stimulus in focus as central bank meets
    That's the level considered most consistent with a healthy economy. The 19 countries that use the euro as their currency are enjoying a moderate recovery, with growth at 0.3 percent in the second quarter. But unemployment remains high at 10.1 percent and ...
    10/19/2016 - 10:20 pm | View Link
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  • Eurozone economy
    Airbnb faces fight for survival in New York City DiCaprio breaks silence over Malaysian fund Kodak appeals to hipsters with new smartphone
    10/22/2016 - 12:08 am | 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.
    10/21/2016 - 11:58 am | View Website
  • Eurozone crisis | Business | The Guardian
    From abandoned municipal offices to theatres and car parks, informal local movements are reclaiming public space in the Greek capital. With the city’s progressive ...
    10/21/2016 - 9:35 am | View Website
  • Stemtech Corp • Innovation
    WELLNESS Stemtech continues empowering people to enhance their quality of lifestyle and help other people through sharing the innovative Stemtech products.
    10/20/2016 - 10:08 pm | View Website
    All EU countries - or almost all - have to join the Eurozone. But what are the rules of the common currency? Journey into the inner workings of the euro.
    10/19/2016 - 11:06 pm | View Website
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