WASHINGTON — At the end of a summit meeting at Camp David last month, as the other world leaders were heading for their helicopters, President Obama did what has become a habit during his years in the White House: he made time for an informal but deadly serious talk with Chancellor Angela Merkel of Germany.
June 16, 2012
June 13, 2012
Euro crisis: It's still not over
NEW YORK (CNNMoney) -- Spain officially requested a bailout for the nation's banks Saturday but euphoria about the weekend's announcement was short-lived.
June 12, 2012
Market Rally Fades Over Spanish Bank Rescue
A key consideration in the Spanish bank rescue is how investors will judge the Spanish government’s solvency if it is required to add 100 billion euros of debt guarantees to its already strapped finances.
June 11, 2012
Could Italy be next? Fears after Spain bank rescue
Even as the global economic community hailed an agreement to rescue Spain's stricken banks, there was concern in Rome on Sunday that investors could now begin treating Italy as the next weak link in the eurozone.
June 10, 2012
Greek unemployment hits record while French jobless rate reaches 10pc
Eurozone unemployment marched higher on Thursday as Greek joblessness reached a new record and France's jobless rate hit the psychologically damaging 10pc mark.
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