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
  • One of the Best REIT ETFs You Haven’t Heard Of - Yahoo! Finance
    ... a substantial portion of its geographic weight to countries that appear ... Rates in Japan and the Eurozone are low and expected to remain that ...
    12/19/2014 - 9:38 am | View Link
  • Turbulent period for bank capital raises questions for 2015 - Reuters UK
    This is particularly important as new countries such as the Netherlands ... next year as it attempts to revive growth in the ailing eurozone.
    12/19/2014 - 8:39 am | View Link
  • Counterfeit euros: Fake it 'til you make it - Al Jazeera
    The Italian and German central banks confirmed that the ECB and the central banks of eurozone countries share a database to exchange...
    12/19/2014 - 8:29 am | View Link
  • Currency Analyst Koester: Threat of Currency War 'Very Real' - NewsMax.com
    Structural weaknesses in the eurozone, for instance, portend further ... war already has begun, thanks to central bank easing in many countries.
    12/19/2014 - 7:46 am | View Link
  • The state of global poverty - Gulf News
    The Eurozone faces the spectre of another round of stagnation; ... progress, a large proportion of people in developing countries remain ...
    12/19/2014 - 7:43 am | View Link
  • More
  • Consensus Builds Against Eurozone’s ‘Hardball’ Strategy
    Call it the Washington/Paris consensus. The Peterson Institute for International Economics this week urged a fundamental rethink of the eurozone's strategy for confronting its mounting economic woes, adding its voice to those of the IMF and OECD.
    12/19/2014 - 7:27 am | View Link
  • Eurozone business activity lifts slightly in December: survey
    Business activity in the eurozone accelerated slightly in December, a key survey showed Tuesday, but not enough to lift wider economic worries with powerhouse Germany sluggish and France in a slowdown. Markit Economics said its Composite Purchasing Managers Output Index (PMI) for the 18-country zone that uses the single currency rose marginally to 51.7 points in December from 51.1 points in ...
    12/16/2014 - 6:58 am | View Link
  • Big 3 advertising firms cut 2015 ad spending forecast
    Three big advertising  companies made slight downwards revisions to their 2015 forecasts for global ad spending, as markets in Eastern Europe and the core Eurozone countries remain weak and as ad revenues in the US grow slower than previously expected.In revised forecasts, WPP's media-buying agency GroupM, Publicis Groupe SA's ZenithOptimedia and Interpublic's MagnaGlobal each projected that the ...
    12/13/2014 - 3:34 pm | View Link
  • Greek Crisis 2.0? Not quite yet
    ATHENS, Greece (AP) — Greek stocks and bonds have been hammered this week, a reminder of the bad old days of Europe's debt crisis when the very future of the euro currency was called into question.
    12/12/2014 - 12:01 pm | View Link
  • Eurozone to reject finance tax deadline
    (MENAFN) A number of Eurozone countries disagreed broad outlines for a tax on financial transactions by a self-imposed deadline, casting doubt on whether the disputed levy can be i...
    12/8/2014 - 9:37 am | View Link
  • More
  • Eurozone: The situation stabilised in the fourth quarter
    By countries, Germany and France are doing rather better than Italy (which does not appear to be coming out of recession), whereas the periphery countries are accelerating according to the Markit indicators (in the case of the Spanish economy this is ...
    12/18/2014 - 11:22 pm | View Link
  • Consensus Builds Against Eurozone’s ‘Hardball’ Strategy
    Employing that logic, growth is bad for reforms. In defense of that strategy, policy makers can point to Greece and other eurozone countries that have undertaken deep economic overhauls, but only after they had lost their financial independence and there ...
    12/18/2014 - 11:01 pm | View Link
  • The ECB Is Considering Making Weaker Eurozone States Bear More Quantitative Easing Risk
    A euro logo sculpture stands in front the headquarters of the European Central Bank in Frankfurt FRANKFURT (Reuters) – European Central Bank officials are considering ways to ensure weak countries that stand to gain most from a fresh round of money ...
    12/18/2014 - 10:06 pm | View Link
  • Eurozone lift in construction
    according to the figures released yesterday by official European data office Eurostat.The sector typically makes up between five and 10 per cent of GDP across Eurozone countries.
    12/18/2014 - 1:14 pm | View Link
  • Eurozone Construction Activity Sped Up in October
    2px 3px;" class="fb-like" data-href="http://www.facebook.com/wsj" data-send="false" data-layout="button_count" data-width="250" data-show-faces="false" data-action="recommend">
    12/18/2014 - 2:00 am | View Link
  • More
  • Deflation has arrived in at least five Eurozone countries ...
    Mario Draghi will have to push for wage increases as disinflation continues, in the Eurozone and as quite some countries are already experiencing deflation.
    12/19/2014 - 2:18 am | View Website
  • Euro crisis latest news, commentary and analysis from the ...
    Euro crisis latest news and analysis on the euro debt crisis and possible financial contagion in eurozone
    12/18/2014 - 8:20 pm | View Website
  • Euro area member states
    Introduced in 1999, the euro is the single currency shared by 18 of the European Union's member states. These countries make up the euro area, also known as the eurozone.
    12/18/2014 - 7:30 pm | View Website
  • Home
    The euro area (also known as the eurozone) consists of those European Union countries which have adopted the euro as their currency.
    12/18/2014 - 4:10 pm | View Website
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is an ongoing multi-year long debt crisis taking place ...
    12/18/2014 - 12:06 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