positive feedback loop between banks and weak sovereigns is emerging, with a potentially calamitous effect on the euro zone and the global economy: the euro zone is no...
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Credit rating agency Standard & Poor's is set to downgrade several euro zone countries, not including Germany, on Friday, a senior euro zone government source...
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Bonds issued jointly by all members of the euro zone are "in no case" a solution to the euro zone's crisis, French President Nicolas Sarkozy...
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times for the euro zone Stocks have ripped higher on hints that the leaders of France and Germany will ram a political solution down the throats of the euro zone.While...
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Euro zone concerns keep markets guessingEuro zone concerns keep markets guessing...
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bailout, with the bulk of the payment going to repay bonds held by the euro zone's central banks, government officials said on Tuesday.and Greece's euro zone partners last week approved a second 130 billion euro ($172.15 billion) rescue to keep the debt-choked country afloat through 2014."We received 5.9 billion euros from the euro zone and 1.6 billion euros from theand other euro zone national central...
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Euro zone leaders seeking to protect the stability of the euro zone have struck a deal which would cut debt owed by Greece but leaves a risk it will default, a European diplomat said on Thursday. -- PHOTO: REUTERSBRUSSELS - EURO zone leaders seeking to protect the stability of the euro zone have struck a deal which would cut debt owed by Greece but leaves a risk it will default, a European diplomat...
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British Prime Minister David Cameron called on euro-zone leaders Sunday to agree on a "comprehensive and credible" package of measures to tackle the euro-zone sovereign debt crisis."The crisis in the euro zone is having a chilling effect, not just on euro-zone economies, not just on market confidence, but on the British ecoThe...
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BRUSSELS (Reuters) - A decision to boost the euro zone's bailout capacity could be taken by euro zone finance ministers at an informal meeting in Copenhagen on March 30-31, euro zone officials said at a summit on Thursday.The euro zone is considering combining the remaining 250 billion euros in its temporary EFSF bailout fund and the 500 billion euros in the permanent ESM facility to create a "superfund"...
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OTTAWA: If European countries are not prepared to bail out fellow euro zone members, maybe they should just abandon the whole concept of a common currency, Canadian Finance Minister"This is a time of crisis in the euro zone. The whole future of the euro zone is up for grabs, and this is very important for many of the euro zone member countries, given the history of Europe in the last 100 years or so,"...
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