The dollar was collapsing but it has been rescued for now. Since the beginning of the crisis in 2008, the green currency suffered tremendously. The rescue of the dollar by…
Common European Bank Regulator Reduces the Burden of Taxpayers Says Olli Rehn, European Commissioner for Monetary Affairs and the Euro Incumbent On Wednesday 12-Sep-12 Commissioner Olli Rehn commented EU Commission’s…
The trend of making debt and lending money is supported by even the most international financial institution, the IMF. The International Monetary Fund will propose at the G20 summit in Cannes, a new instrument to help countries suffering the withdrawl…
Fear of recession, political instability and growing sovereign debts in the Euro Zone has pushed Mario Draghi, the newly assigned European Central Bank President to lower interest rate. Yesterday, the…
This morning Tursday, November 3rd 2011, all european markets are down. Greece’s PM has asked for referendum. Greek has been cut off their financial aid before any agreement has been…
The Italian debt is going to plunge the debt crisis futher. Currently, – 1.900 billion euro – Italian debt will simply be impossible to repay. Besides, countries like France and…
The main medias keep sending mixed messages. But you have to distinguish here what we speak about. In fact, the euro is not the cause of the crisis that has its roots in 1971…
Among Top 20 most indebted countries, you have 16 european countries. See More …
The subprime debt crisis, plus the sovereign debt crisis, lead the path to the global crisis. Currently, we are observing the beginning of the domino effect of the Greek crisis, affecting Italian debt,…
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