Euro Debt Crisis
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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
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Court Approves MV Agusta Debt Restructuring Plans
An Italian court has allowed motorcycle brand MV Agusta 's new business plant to restructure its debt with creditors and suppliers. The court order in Varese, Italy, may well result in MV Agusta closing its investment deal with the Black Ocean Group, an Anglo-Russian private equity firm. Latest reports speculate that Black Ocean could take over the...
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Germany Gained 100 Billion Euros From Greece Crisis: Study
Germany, which has taken a tough line on Greece, has profited from the country's crisis to the tune of 100 billion euros (109 billion US dollars), according to a new study today.
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Background on the Greek Debt Crisis
Despite having received 240 billion euros ($270 billion) in aid since 2010, Greece remains stuck in a debt crisis while other eurozone members once snared in the same trap have returned to growth.
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Opinion: Why I Set Up the Greek Bailout Crowdfund
A million euros collected, this campaign is by the people, for the people, says Thom Feeny.
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Eurozone in Panic as Athens Teeters on Brink of Default
Greece was teetering on the brink of a default that could see it crash out of the euro hours before a key debt deadline was due to expire today,as the country's prime minister warned Athens's coffers were empty.
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Europe Closes in on Greece Debt Deal
Eurozone leaders said they hoped to finally seal a Greek bailout deal this week to save Athens from default and a possible exit from the euro, but Germany warned that more hard work was needed.
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Greece Ducks Friday Deadline by Bundling IMF Payments
Greece bought time in debt crisis negotiations with official creditors Thursday when it moved to bundle four looming International Monetary Fund (IMF) loan payments into one, to be paid by the end of June.
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Exchange of Documents With Greece a 'Good Sign': European Union
The EU hailed as a positive step Tuesday the exchange of documents between Greece and its international creditors, as Greece said it had submitted a reform plan to win vital bailout cash.
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No country will have to leave the Euro: German Chancellor Angela Merkel
German Chancellor Angela Merkel stressed her view that no country will have to leave the eurozone, despite the fiscal and economic crisis that has rocked the 17-nation currency bloc, in comments published on Friday.
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Portugal debt crisis: Prime Minister stays defiant
Portugal's prime minister defied calls to resign on Tuesday after his coalition government was rocked by a second Cabinet resignation in as many days over tough budget cuts that have sharply reduced living standards in one of the poorest countries that uses the euro.
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European Union finds time to tell restaurants how to serve olive oil
Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil.
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French President Hollande says end of euro crisis 'very close', warns Germany
French President Francois Hollande said on Wednesday the end of the eurozone crisis is "very close" but warned Germany to stop thinking Berlin should have the only say on how to tackle Europe's debt woes.
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Record profits, but Samsung sweats over euro
South Korean tech giant is fretting over how Europe's debt crisis is denting demand in its biggest market for televisions and home appliances.
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Bored of euro crisis, economists bet on Euro 2012
Tired of the constant barrage of depressing headlines from the eurozone debt crisis, German economists have turned their skills to the rather more fun task of forecasting the European Championships.
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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
-
Court Approves MV Agusta Debt Restructuring Plans
An Italian court has allowed motorcycle brand MV Agusta 's new business plant to restructure its debt with creditors and suppliers. The court order in Varese, Italy, may well result in MV Agusta closing its investment deal with the Black Ocean Group, an Anglo-Russian private equity firm. Latest reports speculate that Black Ocean could take over the...
-
Germany Gained 100 Billion Euros From Greece Crisis: Study
Germany, which has taken a tough line on Greece, has profited from the country's crisis to the tune of 100 billion euros (109 billion US dollars), according to a new study today.
-
Background on the Greek Debt Crisis
Despite having received 240 billion euros ($270 billion) in aid since 2010, Greece remains stuck in a debt crisis while other eurozone members once snared in the same trap have returned to growth.
-
Opinion: Why I Set Up the Greek Bailout Crowdfund
A million euros collected, this campaign is by the people, for the people, says Thom Feeny.
-
Eurozone in Panic as Athens Teeters on Brink of Default
Greece was teetering on the brink of a default that could see it crash out of the euro hours before a key debt deadline was due to expire today,as the country's prime minister warned Athens's coffers were empty.
-
Europe Closes in on Greece Debt Deal
Eurozone leaders said they hoped to finally seal a Greek bailout deal this week to save Athens from default and a possible exit from the euro, but Germany warned that more hard work was needed.
-
Greece Ducks Friday Deadline by Bundling IMF Payments
Greece bought time in debt crisis negotiations with official creditors Thursday when it moved to bundle four looming International Monetary Fund (IMF) loan payments into one, to be paid by the end of June.
-
Exchange of Documents With Greece a 'Good Sign': European Union
The EU hailed as a positive step Tuesday the exchange of documents between Greece and its international creditors, as Greece said it had submitted a reform plan to win vital bailout cash.
-
No country will have to leave the Euro: German Chancellor Angela Merkel
German Chancellor Angela Merkel stressed her view that no country will have to leave the eurozone, despite the fiscal and economic crisis that has rocked the 17-nation currency bloc, in comments published on Friday.
-
Portugal debt crisis: Prime Minister stays defiant
Portugal's prime minister defied calls to resign on Tuesday after his coalition government was rocked by a second Cabinet resignation in as many days over tough budget cuts that have sharply reduced living standards in one of the poorest countries that uses the euro.
-
European Union finds time to tell restaurants how to serve olive oil
Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil.
-
French President Hollande says end of euro crisis 'very close', warns Germany
French President Francois Hollande said on Wednesday the end of the eurozone crisis is "very close" but warned Germany to stop thinking Berlin should have the only say on how to tackle Europe's debt woes.
-
Record profits, but Samsung sweats over euro
South Korean tech giant is fretting over how Europe's debt crisis is denting demand in its biggest market for televisions and home appliances.
-
Bored of euro crisis, economists bet on Euro 2012
Tired of the constant barrage of depressing headlines from the eurozone debt crisis, German economists have turned their skills to the rather more fun task of forecasting the European Championships.
