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╬Łews about the accelerating economic debt crisis in EuroZone
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IMF, EU trim Romania's growth forecast | AFP

IMF, EU trim Romania's growth forecast | AFP | Eurozone | Scoop.it

BUCHAREST — The International Monetary Fund (IMF) and the European Union on Sunday said they had trimmed Romania's 2012 growth forecast to 1.5-2.0 percent, due to international economic turbulence.

"For 2012 we have slightly revised down our forecast..."

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George Soros on the Coming U.S. Class War

George Soros on the Coming U.S. Class War | Eurozone | Scoop.it
'The situation is about as serious and difficult as I've experienced in my career.' Plus, an exclusive interview with IMF chief Christine Lagarde, who issues a dire warning for Europe.
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Davos ski-lift [cartoon] | 24 Heures

Davos ski-lift [cartoon] | 24 Heures | Eurozone | Scoop.it

The World Economic Forum, the annual gathering of the global political and economic elite, opened on 25 January in Davos, Switzerland. "Europe is back in the centre of the stage," writes The Times. "There is no more pressing and no more important economic question than finding a durable solution to the euro crisis."...

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S&P says likely to declare Greece in default | Reuters

NEW YORK (Reuters) - Standard & Poor's will likely downgrade Greece's ratings to selective default when the country concludes its debt restructuring, but that will not necessarily destroy the credibility...
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"A Panorama Of The European Debt System"

Morgan Stanley has released "A panorama of the European Debt system" - easily the most comprehensive summary analysis (in 83 pages) of the Eurozone.

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The dreamers who gave us the eurozone stand condemned | The Independent

The dreamers who gave us the eurozone stand condemned | The Independent | Eurozone | Scoop.it

An elderly man in France was arrested last week for supplying faulty breast implants to 30,000 women. Yet an elderly man in Germany is still free to enjoy his retirement despite having wrecked the lives of more than 500 million...

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Spain statistics institute says Q4 unemployment rate up to 22.8%, or 5.3 million jobless | Washington Post

Spain statistics institute says Q4 unemployment rate up to 22.8%, or 5.3 million jobless | Washington Post | Eurozone | Scoop.it
MADRID — The National Statistics Institute says Spain’s unemployment figures has surpassed the 5 million mark, with the jobless rate shooting up from 21.5 percent to 22.8 percent in the fourth quarter.
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George Soros on CNBC: More Needed to Safeguard Euro Zone | CNBC

George Soros on CNBC: More Needed to Safeguard Euro Zone | CNBC | Eurozone | Scoop.it
Despite recent actions by European regulators, billionaire investor George Soros told CNBC's Maria Bartiromo, more is needed to safeguard the teetering euro zone amid a possible Greek default.
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Greek Default Risk Increases After Finance Ministers Reject Bondholder Debt Restructuring | Huff Post

Greek Default Risk Increases After Finance Ministers Reject Bondholder Debt Restructuring | Huff Post | Eurozone | Scoop.it
* Euro zone ministers to discuss debt swap, 2nd bailout * Private sector negotiators say have made their best offer * IMF chief Lagarde calls for higher euro zone firewalls By Jan Strupczewski and...
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