Euro  Crisis
15
How the Politicians and Bankers are taking us all for a ride to oblivion
Curated by Block'em
Follow
Your new post is loading...
Scooped by Block'em
Scoop.it!

George Soros: Germany must choose between eurobonds or euro exit - Observer

George Soros: Germany must choose between eurobonds or euro exit - Observer | Euro  Crisis | Scoop.it
Observer
George Soros: Germany must choose between eurobonds or euro exit
Observer
First, that the euro crisis is far from resolved, as recession and Cyprus demonstrate.
No comment yet.
Scooped by Block'em
Scoop.it!

Slovenia Totters Toward Euro-Crisis Brink - Spiegel Online

Slovenia Totters Toward Euro-Crisis Brink - Spiegel Online | Euro  Crisis | Scoop.it
Spiegel Online
Slovenia Totters Toward Euro-Crisis Brink
Spiegel Online
Could Slovenia become the next euro-crisis victim? A new OECD report highlights the deep problems facing the Slovenian banking industry and economy.
No comment yet.
Scooped by Block'em
Scoop.it!

Greece fight over Eldorado gold mine puts recovery - Financial Post

Greece fight over Eldorado gold mine puts recovery - Financial Post | Euro  Crisis | Scoop.it
For Greece's devastated economy, the fight over Vancouver-based Eldorado Gold's $500M mining project in Aristotle's birthplace highlights how soon Greece emerges from six years of recession.
No comment yet.
Scooped by Block'em
Scoop.it!

When will the euro collapse? It’s already dead Matthew Lynn's London Eye

When will the euro collapse? It’s already dead Matthew Lynn's London Eye | Euro  Crisis | Scoop.it
Everyone wants to know when the euro will collapse, but they don’t understand that, in all the important ways, the euro is already a zombie, writes Matthew Lynn.
No comment yet.
Scooped by Block'em
Scoop.it!

The Greek Crisis: The Real Risk in the Euro Zone Is Political

The Greek Crisis: The Real Risk in the Euro Zone Is Political | Euro  Crisis | Scoop.it
by Richard Barley Wall Street Journal August 6, 2012. When all you have is a hammer, every problem looks like a nail. The European Central Bank has taken aim at the convertibility risk it thinks has driven Spanish and Italian ...
No comment yet.
Scooped by Block'em
Scoop.it!

The Greek Crisis: 'Greece Should Leave': Patience with Athens ...

The Greek Crisis: 'Greece Should Leave': Patience with Athens ... | Euro  Crisis | Scoop.it
The good news is that Greece is not going to go bankrupt -- at least not this month. Despite Athens facing a €3.2 billion ($3.96 billion) bond repayment in August and rapidly running out of cash, the European Central Bank ...
No comment yet.
Scooped by Block'em
Scoop.it!

Spain's Big Banks Seen to Benefit From Crisis - Washington Post

Spain's Big Banks Seen to Benefit From Crisis - Washington Post | Euro  Crisis | Scoop.it
Spain's Big Banks Seen to Benefit From CrisisWashington PostJacobo Blanquer, chief executive officer of Tressis Gestion Sgiic SA, talks about Spain's debt woes and banks including Banco Santander SA and Banco Bilbao ...and more »...
No comment yet.
Scooped by Block'em
Scoop.it!

Pharmacists In Greece 'Running Out Of Medicine' Amid Crisis

Pharmacists In Greece 'Running Out Of Medicine' Amid Crisis | Euro  Crisis | Scoop.it
The economy in Greece is in such dire straits that pharmacists there are running out of medicine, a Panorama investigation has revealed.
No comment yet.
Scooped by Block'em
Scoop.it!

And then there were five: Cyprus seeks EU aid | Reuters

And then there were five: Cyprus seeks EU aid | Reuters | Euro  Crisis | Scoop.it
NICOSIA/ATHENS (Reuters) - A fifth euro zone country turned to Brussels for emergency funding on Monday when Cyprus announced it was seeking a lifeline for its banks and its budget, hours after Spain submitted...
No comment yet.
Scooped by Block'em
Scoop.it!

MPS rushes against time to plug capital gap | Reuters

MPS rushes against time to plug capital gap | Reuters | Euro  Crisis | Scoop.it
MILAN (Reuters) - Italy's Banca Monte dei Paschi di Siena is rushing against time to win state-backing for the issuing 1 billion euros of bonds that would allow it to plug a capital shortfall...
No comment yet.
Scooped by Block'em
Scoop.it!

Merkel's Warning To Greece On Eve Of Crucial Elections

Merkel's Warning To Greece On Eve Of Crucial Elections | Euro  Crisis | Scoop.it
Angela Merkel has warned Greece it cannot renegotiate its bailout as the nation prepares to vote in tomorrow's crunch elections that threaten the future of the eurozone and spell dire consequences for the UK.
No comment yet.
Scooped by Block'em
Scoop.it!

Whatever euro's fate, Europe's reputation savaged

Whatever euro's fate, Europe's reputation savaged | Euro  Crisis | Scoop.it
LONDON (Reuters) - Whether the euro lives or dies, the chaotic way Europe has tackled the crisis could undermine the region's geopolitical clout for years to come and leave it at a distinct disadvantage...
No comment yet.
Scooped by Block'em
Scoop.it!

Central banks prepare for turmoil after Greek vote

Central banks prepare for turmoil after Greek vote | Euro  Crisis | Scoop.it
FRANKFURT/LONDON (Reuters) - Central banks from Tokyo to London checked their ammunition on Friday in preparation for any turmoil from Greece's election, with the European Central Bank hinting at an interest (Central banks prepare for turmoil after...
No comment yet.
Scooped by Block'em
Scoop.it!

120000 Professionals Leave Greece Amid Crisis - Spiegel Online

120000 Professionals Leave Greece Amid Crisis - Spiegel Online | Euro  Crisis | Scoop.it
Spiegel Online
120000 Professionals Leave Greece Amid Crisis
Spiegel Online
Greece's sky-high unemployment and shrinking economy are leading to significant brain drain, a new study has found.
No comment yet.
Scooped by Block'em
Scoop.it!

Witch-hunt time in Greece [opinion] | New Europe

Witch-hunt time in Greece [opinion] | New Europe | Euro  Crisis | Scoop.it
Like most things in Greece , it is known by another name and it certainly has a different meaning. Internationally, it is known as the 'Falciani list', named after the HSBC whistleblower, Herve Falciani, who released a list of ...
No comment yet.
Scooped by Block'em
Scoop.it!

Italy and France Pose Grave Risks to Euro Zone, Report Says - New York Times

Italy and France Pose Grave Risks to Euro Zone, Report Says - New York Times | Euro  Crisis | Scoop.it
Spectator.co.uk Italy and France Pose Grave Risks to Euro Zone, Report Says New York Times France and Italy are among the nations in the beleaguered bloc that need to accelerate the policy changes needed to improve their competitiveness and help...
No comment yet.
Scooped by Block'em
Scoop.it!

Caja Madrid desoyó desde 2006 las advertencias del Banco de España sobre sus riesgos | Noticia | Cadena SER

Caja Madrid desoyó desde 2006 las advertencias del Banco de España sobre sus riesgos | Noticia | Cadena SER | Euro  Crisis | Scoop.it

The Bank of Spain produced several reports on the risks they were incurring Caja Madrid, the main entity of Bankia, which were ignored by its board of directors

No comment yet.
Scooped by Block'em
Scoop.it!

Euro Falls as German Exports Drop; Pound Drops Before BOE - Bloomberg

Euro Falls as German Exports Drop; Pound Drops Before BOE - Bloomberg | Euro  Crisis | Scoop.it
Euro Falls as German Exports Drop; Pound Drops Before BOEBloomberg“The bigger picture is what's driving the euro, and we've had no fresh developments there,” Daragh Maher, a currency strategist at HSBC Holdings Plc (HSBA) in London said, referring...
No comment yet.
Scooped by Block'em
Scoop.it!

Eurozone crisis live: Merkel to address German parliament - The Guardian

Eurozone crisis live: Merkel to address German parliament - The Guardian | Euro  Crisis | Scoop.it
The GuardianEurozone crisis live: Merkel to address German parliamentThe GuardianThe German chancellor has reportedly ruled out eurobonds for 'as long as I live'Debt crisis: liveTelegraph.co.ukSoros Tells Spiegel Germany Will Be Hated for Its Role...
No comment yet.
Scooped by Block'em
Scoop.it!

Soros Pushes EU to Start Joint Debt Fund or Risk Summit Fiasco

Soros Pushes EU to Start Joint Debt Fund or Risk Summit Fiasco | Euro  Crisis | Scoop.it
Billionaire investor George Soros called on Europe to start a fund to buy Italian and Spanish bonds, warning that a failure by leaders meeting this week to produce drastic measures could spell the demise of the currency.
No comment yet.
Scooped by Block'em
Scoop.it!

BMA Slams NHS Reforms As 'Unnecessary And Unwanted'

BMA Slams NHS Reforms As 'Unnecessary And Unwanted' | Euro  Crisis | Scoop.it
The government's contentious NHS reforms are an "unnecessary and unwanted" upheaval, the British Medical Association (BMA) has said.
No comment yet.
Scooped by Block'em
Scoop.it!

France fights to avoid euro zone bank contagion | Reuters

France fights to avoid euro zone bank contagion | Reuters | Euro  Crisis | Scoop.it
PARIS (Reuters) - Greece, Ireland, Portugal, Spain, Italy - France?
No comment yet.
Scooped by Block'em
Scoop.it!

Cyprus rating cut to junk status

Cyprus rating cut to junk status | Euro  Crisis | Scoop.it
Cyprus's credit rating has been cut to junk status by Fitch, reflecting fears the country could require a eurozone bailout to shore up its banks.
No comment yet.
Scooped by Block'em
Scoop.it!

Egan-Jones Ratings Company Downgrades Spain’s Credit Rating To CCC+ (Uganda’s Credit Rating Is B!)

Egan-Jones Ratings Company Downgrades Spain’s Credit Rating To CCC+ (Uganda’s Credit Rating Is B!) | Euro  Crisis | Scoop.it
Egan-Jones Ratings Company Downgrades Spain’s Credit Rating To CCC+ (Uganda’s Credit Rating Is B!
No comment yet.
Scooped by Block'em
Scoop.it!

Greece's biggest hospital struggles as austerity cuts bite - video

As Greece faces the most important election in a generation, the doctors at Nikaia hospital struggle to keep their patients alive and the system working (RT @paulmasonnews: Brilliant VT report on Greek hospital in crisis:
No comment yet.