June 19 2012

The Greek drama that just won’t end

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The last thing the EU needs right now is for Greece to miss key deadlines under terms of its bailout — it may be less painful to simply give the ailing country a little more time.

The Greek drama that just won’t end

June 11 2012

Market euphoria over Spanish bank bailout fades

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Market euphoria over Spanish bank bailout fadesFinancial market euphoria over an EU bailout for Spain’s troubled banks faded on Monday as investors sounded the alarm over its impact on public debt and worried whether Greek elections will deepen the …

Market euphoria over Spanish bank bailout fades

June 11 2012

Euro Falters Amid EU Split On Spanish Bailout, Pound Eyes 1.5600

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Euro Falters Amid EU Split On Spanish Bailout, Pound Eyes 1.5600

Euro Falters Amid EU Split On Spanish Bailout, Pound Eyes 1.5600

June 08 2012

News Summary: Cyprus bank leader backs EU bailout

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BOUND FOR BAILOUT: Cyprus Popular Bank’s chairman, Michalis Sarris, said the country will need European Union support to recapitalize a banking sector pummeled by exposure to Greek debt.NEXT IN LINE: The …

News Summary: Cyprus bank leader backs EU bailout

June 08 2012

AP Interview: Cyprus bank leader backs EU bailout

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Cyprus will have to seek bailout funds from the European Union in order to recapitalize a banking sector pummeled by exposure to Greek debt, and it must prepare itself by taking tough steps to shore up …

AP Interview: Cyprus bank leader backs EU bailout

June 08 2012

AP Interview: Cyprus bank chief backs EU bailout

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Cyprus will have to seek bailout funds from the European Union in order to recapitalize a banking sector pummeled by exposure to Greek debt, and it must prepare itself by taking tough steps to shore up …

AP Interview: Cyprus bank chief backs EU bailout

June 06 2012

Geithner, Chinese VP discuss EU crisis: Treasury

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Treasury Secretary Timothy Geithner and Chinese Vice Premier Wang Qishan discussed Europe’s debt crisis and challenges facing the global economy in a telephone call Wednesday morning, the Treasury said. …

Geithner, Chinese VP discuss EU crisis: Treasury

June 02 2012

Greek radicals unveil economic plan

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A SYRIZA-led government would annul the bailout agreement Greece struck with the EU and the IMF.

Greek radicals unveil economic plan

May 30 2012

Europe’s best fix: A "New E.U."

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It’s time to press the reset button in Europe — if members of the EU want a common currency, they should give up their national identities in favor of a European one.

Europe’s best fix: A "New E.U."

May 29 2012

OPEC output hits new high in May: Reuters survey

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OPEC output in May has hit its highest since 2008 as Saudi Arabia maintained high production rates despite a drop in prices and Iranian shipments did not fall substantially further ahead of an EU embargo, …

OPEC output hits new high in May: Reuters survey