Eurozone policymakers are struggling simultaneously ... a turning point in the financial crisis—owing to the market perception that they were tough and credible. The supervisors could ...
France’s new finance minister, the experienced Eric Lombard (banker, economist – newly nicknamed as ‘Spider-Man’) has ...
The European Central Bank is under fire for dragging its feet on interest rate cuts as the Eurozone’s economy crawls toward ...
I cover the economic and financial world outside the USA, for the USA. Many Europeans will still be aware of the euro-zone debt crisis, and perhaps nervous when they hear that world debt to GDP is ...
A surge in borrowing and “sluggish” growth have pushed the eurozone to the brink ... laden countries had little financial firepower to deal with another crisis. The ECB said: “The longer ...
And whereas that vulnerability was confined mainly to the edges of the eurozone 15 years ago ... The sovereign debt crisis was preceded by the Global Financial Crisis, in which banks’ massive losses ...
Any moves to pursue financial deregulation by the incoming U.S. administration would increase the risk of a financial crisis ...
Financial sector weaknesses are at the root of the Asian crisis and require particularly urgent attention. In many cases, weak but viable financial institutions must be restructured and recapitalized.
Contagion Effect Leading to Global Financial Crisis The financial markets’ collapse in the U.S. had a contagion effect that spread to other countries, with many economists dubbing it a global ...