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
  • Why the Eurozone Still Backs Its Common Currency
    Yet most citizens of the eurozone—in both the creditor countries of the north and the debtor countries of the south—favor maintaining the euro over returning to their former national currencies. Given the euro's recent difficulties, what explains the ...
    01/13/2017 - 8:04 pm | View Link
  • Eurozone registers surprisingly strong growth
    The surprising burst in economic activity may fire up criticism from economists and politicians in countries such as Germany that the European Central Bank is hanging on too long to its ultra-easy monetary policy, including asset purchasing. The ECB ...
    01/12/2017 - 7:00 pm | View Link
  • Eurozone industrial output surprisingly strong in November
    Output in the 19 countries using the euro surged 1.5 percent in November from the previous month, and was up 3.2 percent year-on-year according to the European Union’s statistics agency. October’s output was also raised to 0.1 percent from a previously ...
    01/12/2017 - 6:34 am | View Link
  • ECB extended stimulus as 'steady hand' in turbulent year
    The bank's governing council thought more stimulus would provide a "steady hand" to support the economy of the 19 countries that share the euro against "shocks emanating from the political environment at the global level and within the euro area."
    01/12/2017 - 12:54 am | View Link
  • Trump Presser May Send Traders Fleeing to Eurozone Bonds
    0722 GMT [Dow Jones] The first press conference of Donald Trump since winning the U.S. presidential election is a major risk event that will likely lure investors to the safety of government bonds from core Eurozone countries, says Commerzbank. However ...
    01/10/2017 - 9:56 pm | View Link
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  • 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 ...
    01/13/2017 - 1:15 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.
    01/13/2017 - 12:15 am | View Website
  • Policies
    Policies. The Council of the EU and the European Council work on a wide range of issues affecting the interests of the EU and its citizens. Follow the latest ...
    01/10/2017 - 4:22 am | View Website
  • European debt crisis
    The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has been taking place ...
    01/10/2017 - 12:25 am | View Website
  • Eurozone economy
    Welcome to the new FT.com. The same global insight. Faster than ever before on all your devices
    01/8/2017 - 6:57 pm | View Website
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