August 06, 2012

The Euro Crisis: When Will It End?

The eurozone crisis is over two years old now. It’s no longer crawling. This baby is walking and has a mind all her own. And my, what an ugly little critter this kid is, isn’t she?

August 05, 2012

Spain 2-Year Yield Drops Most in 2012 on ECB Buying Speculation

Spanish two-year notes rose this week, pushing down yields the most since December on speculation the European Central Bank will buy shorter-maturity government securities to help quell turmoil in the region’s debt markets.

August 04, 2012

IMF demands eurozone intervenes to contain debt crisis

The International Monetary Fund (IMF) last night called for a "policy game changer" in the eurozone to arrest the spread of the debt crisis it says is engulfing the entire currency bloc and its smaller neighbours.

August 03, 2012

Euro drops versus dollar after ECB Draghi's comments

NEW YORK (Reuters) - The euro fell against the dollar in volatile trade on Thursday after European Central Bank President Mario Draghi disappointed investors hoping for quick action to contain the euro zone debt crisis.

August 02, 2012

US raises pressure for decisive action on euro zone crisis

FRANKFURT/BERLIN: The United States raised pressure on euro zone leaders to take decisive action to solve the region's debt crisis, notably by lowering troubled members' borrowing costs, on the eve of a crucial European Central Bank meeting.