The focus of the crisis in Europe is moving to Madrid
The collapse of Spain, the fifth EU economy would disintegrate the euro area. President of the German Central …
Brandon Archive
EU is changing: European leaders talk about a political union
German Chancellor Angela Merkel stated on Monday that “the world will want to know” what is the common …
ECB chief warns of increasing risks on Europe’s economy
President of European Central Bank (ECB), Mario Draghi, warned Wednesday about the growing risks to the recovery of …
Italy has completed an investigation on S & P and five analysts could be prosecuted
Italian prosecutors have completed an investigation aimed at downgrading the country by the rating agency Standard & Poor’s …
Why Greece is sinking more and more
Greece, which is in danger of leaving the euro area still receives billions of euros in aid from …
Merkel has a growth plan that makes weak economies “more Germany-like”
German Chancellor Angela Merkel is not allergic to the idea of fostering growth in the euro area, which …
Federalism, a solution to the euro crisis
What will become of the European Union?” was the question asked by the newspaper “The Economist”, taking into …
Citigroup: Greece will leave the eurozone January 1, 2013
Greece will leave the eurozone on January 1, 2013, Citigroup economists say, the second largest bank in the …
Chaos for Putin if Greek crisis will cause recession in Russia
Russian President Vladimir Putin faces a serious political instability if Greece will exit euro area, triggering a global …
Banks in Greece and Ireland, secretly propped up with emergency cash of 141 billion euros
The Greek Central Bank supports the Greek system with emergency liquidity estimated at almost 100 billion euros. These …