Eurozone policymakers are struggling simultaneously ... a turning point in the financial crisis—owing to the market perception that they were tough and credible. The supervisors could ...
A surge in borrowing and “sluggish” growth have pushed the eurozone to the brink ... laden countries had little financial firepower to deal with another crisis. The ECB said: “The longer ...
I cover the economic and financial world outside the USA, for the USA. Many Europeans will still be aware of the euro-zone debt crisis, and perhaps nervous when they hear that world debt to GDP is ...
The divergence marks something of a reversal of post-Great Financial Crisis trend, where the eurozone core was more resilient to the shock, while smaller peripheral countries were trapped in rolling ...
The British and Irish governments separately announced on Tuesday they were trimming stakes in banks they’ve owned since the financial crisis.
By 2011 the financial crisis in the Eurozone had pushed smaller economies such as Greece to the brink of bankruptcy. European finance ministers agreed to provide a €110 billion rescue package for ...
LONDON, Jan 24 (Reuters) - Euro zone business began the new year with a modest return ... the Bank of Japan raised interest ...
Like other European countries at the epicentre of the financial crisis Iceland was gripped ... surpassing that of the euro-zone. Whilst it is a small, idiosyncratic economy, there are some clear ...
Contagion Effect Leading to Global Financial Crisis The financial markets’ collapse in the U.S. had a contagion effect that spread to other countries, with many economists dubbing it a global ...
Banks across the globe were partly nationalized in the wake of the 2008-09 global financial crisis, as well as the ensuing eurozone debt turmoil. The biggest U.S. banks that have received rescues ...