WASHINGTON -- European leaders are looking outside the Continent for help solving the longstanding crisis over the euro, but while the International Monetary Fund may be able to help, it will not be the magic wand they seek.
December 05, 2011
December 02, 2011
Sweden Is Safest as Crisis Upends Bond Market
Sweden is enjoying its lowest borrowing cost ever relative to Germany as investors reward the biggest Scandinavian economy for cutting its debt to less than half Europe’s average and enforcing discipline at its banks.
December 01, 2011
Britain blames euro crisis for lower growth
LONDON (AP) — The British government blamed the euro crisis for a big downgrade of the country's growth projections and warned that it will only achieve its deficit-reduction goals if European leaders deliver a big, bold solution soon.
November 30, 2011
OECD warns of European recession
The OECD has warned that the eurozone and UK could be entering a recession, and has cut its global growth forecast.
November 29, 2011
Italy again pays more to borrow
For the second time in as many market days, Italy paid sharply higher borrowing rates in an auction Monday, as investors continued to pressure the eurozone's third largest economy to come up with reforms urgently.
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