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.

Sections:  news   world   
  • 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
  • Italy has ‘no problem with its banks’, says finance minister - Gulf Times
    Fears of a renewed eurozone debt crisis are rife on the financial ... “All the countries should relax: there is no Italian banking problem,” he
    07/24/2016 - 2:01 pm | View Link
  • The bond market is 'broken' - Business Insider
    ECB President Draghi waits for the start of a eurozone finance ministers ... levels), there is a falling supply of new bonds to buy in some ...
    07/24/2016 - 1:20 pm | View Link
  • Italy has 'no banking problem': finance minister - China Post
    Fears of a renewed eurozone debt crisis are rife on the financial ... “All the countries should relax: there is no Italian banking problem,” he
    07/24/2016 - 12:28 pm | View Link
  • How once-secretive Luxembourg is vying for a slice of London - MSN UK
    ... of countries that still enjoys a AAA rating. Growth was more than 4pc last year, while unemployment, at 6.2pc, is well below the eurozone...
    07/24/2016 - 11:11 am | View Link
  • Italy has ‘no banking problem’: finance minister - Gulf News
    Fears of a renewed Eurozone debt crisis are rife on the financial markets if ... “All the countries should relax: there is no Italian banking ...
    07/24/2016 - 10:16 am | View Link
  • More
  • ECB ready to help eurozone further if Brexit hurts economy
    Such a measure could prove highly unpopular, with citizens in many countries still angry at having to “bail out” banks following the global financial crisis of 2007-08. Following today’s announcement, the ECB’s headline rate remains at zero per ...
    07/23/2016 - 11:41 pm | View Link
  • Eurozone business growing at weakest rate since 2015
    Eurozone business growth was at its slowest since the start of 2015 this month as a stronger performance in the two big economies of Germany and France was offset by weakness in smaller countries, a survey showed yesterday. While the survey result was not ...
    07/22/2016 - 8:52 pm | View Link
  • Eurozone – first flash estimate of Q216 GDP
    The trade ties between Turkey and major countries of the Eurozone are, however, quite limited. For example, just 1.8% of German exports are destined for Turkey. The ties between the Eurozone and Turkish banks are also quite limited, based on data from the BIS.
    07/22/2016 - 1:56 am | View Link
  • Stocks up on hope of UK stimulus, eurozone Brexit resilience
    The more than two-year-long hunt for Malaysia Airlines Flight 370 will be suspended once the current search area in the Indian Ocean has been completely scoured, the three countries conducting the operation announced... A large crowd blocked access ...
    07/22/2016 - 1:23 am | View Link
  • Brexit casts shadow over eurozone growth outlook: ECB survey
    Turning to the inflation outlook for the 19 countries that share the euro, the survey saw a slight downward reduction in experts' inflation forecasts. Consumer prices in the euro area were projected to increase by an annual average 0.3 percent this year ...
    07/21/2016 - 9:57 pm | View Link
  • More
  • Eurozone Economy News and Insights
    The Eurozone is in a huge mess right now. But should that even matter to Australians? What would happen in the event of a controlled break up of Eurozone member states?
    07/19/2016 - 4:20 pm | View Website
  • Eurozone economy: In depth news, commentary and analysis ...
    Eurozone economy: Europe's fragile economic recovery after the sovereign debt crisis and its struggles with austerity
    07/19/2016 - 9:25 am | View Website
  • Eurozone countries
    The European Union member - countries that participate in the common european currency and are collectively known as the Eurozone
    07/18/2016 - 11:31 pm | 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.
    07/18/2016 - 10:05 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 ...
    07/18/2016 - 4:00 pm | 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