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
  • Eurozone deficit down at lowest level since early 2008
    In the eurozone, the crisis exposed the underlying financial problems of certain countries, such as Greece, which led the eurozone deficit figure to rise as high as 7% in the third quarter of 2010.
    04/24/2017 - 11:20 pm | View Link
  • LIVE! We will continue to wail over coffins without CRPF reform: Lt Gen Panag
    The (UN Security) Council must be prepared to impose additional sanctions on North Korean nuclear and ballistic missile programme," Trump told ambassadors of countries on the UN Security Council during a working luncheon in the White House. North Korea ...
    04/24/2017 - 11:01 pm | View Link
  • Why scientists are listening to insects' wings flapping
    At a time when pests destroy enough food to sustain entire countries – and when insect-borne diseases kill hundreds of thousands of people every year – this arrangement of beams and lenses could, just maybe, improve millions of lives. But without a ...
    04/24/2017 - 11:00 pm | View Link
  • Social Democracy and Capitalism: A Critique
    7) Nation States also pursue their economic interests attempting to extend their economic sphere of influence through control of – and access to -markets in other countries (including key strategic resources) ; or in the past through more direct ...
    04/24/2017 - 10:41 pm | View Link
  • Trump's 100-days promises: Fewer than half carried out
    Trump's effort to bar immigration temporarily from some Muslim-majority countries has been stymied by courts. - Implement "extreme" immigration vetting techniques. In progress. The Homeland Security Department is considering a number of measures ...
    04/24/2017 - 8:49 pm | View Link
  • More
  • Choose a language
    Council of the European Union. Choose a language. BG Български; ES Español; CS Čeština; DA Dansk
    04/22/2017 - 12:03 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...
    04/22/2017 - 11:06 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 ...
    04/22/2017 - 5:37 am | View Website
  • Eurozone Economy
    Eurozone Economic Outlook. March 28, 2017. Momentum is clearly firming in the Eurozone’s economy. Robust domestic demand kicked the recovery up a notch in H2 2016 ...
    04/21/2017 - 11:31 pm | View Website
  • Eurozone countries set to breach debt and deficit targets ...
    Set to breach targets again? Debt and deficit outlooks for Southern European Eurozone countries in 2016 & 2017. After dragging Greece kicking and screaming through a ...
    04/21/2017 - 7:35 pm | View Website
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