By Beckett Adams | From TheBlaze.com | On June 12th, 2012 As the possibility of a Greek exit becomes more likely, leaders in the European Union are seeking legal advice from the European Commission on how to shift money and keep people…
Spain Sells 2.07B Euros of Bonds, Tops Target From MarketWatch.com | On June 7th, 2012 FRANKFURT (MarketWatch) — Spain saw borrowing costs rise Thursday in a closely-watched debt auction, but topped its target range, selling a total of 2.07 billion euros ($2.6…
By He Chunmei | From Caixin.com | On June 1st, 2012 Government announces the start of a one-year program to help spur domestic consumption. (Beijing) – Buyers of air conditioners and flat-screen TVs can enjoy subsidies of up to 400 yuan starting…
By By Max Nisen | From BusinessInsider.com | On Jun 1, 2012 Everyday, we hear some pretty grim predictions about the markets and the economy. But this is one of the more comprehensive and most gloomy outlooks we’ve ever seen. Raoul Pal…
By David Roman & Jeffrey T. Lewis | From MarketWatch.com | On Wednesday, May 30th, 2012 MADRID (MarketWatch) — Spain’s government on Wednesday clarified its rescue plans for Bankia SA (BKIA.MC), saying it will pay for the EUR19 billion ($23.6 billion) bailout…
By Beckett Adams | From TheBlaze.com | On Wednesday, May 23rd, 2012 A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably throw the economy…
By Erica Ritz | From The Blaze.com | On May 20th, 2012 Jim Cramer, a former hedge fund manager and the host of CNBC’s Mad Money, was on Meet the Press with David Gregory this morning where the two discussed Europe’s economic…
By Allan Soldner | From Z6Mag.com | On May 15th, 2012 It was confirmed by the President of Greece, “that the strength of banks is very weak right now.” Multiple reports including the President of Greece has reported that on Monday alone…
From BBC News | On May 17th, 2012 Ratings agency Moody’s has cut the credit ratings of 16 Spanish banks, a further blow to a country that is struggling to deal with the bad debts of its banking sector. It also cut…
By Brian Blackstone & David Enrich | From WSJ.com | On Tuesday, May 15th, 2012 Greek depositors withdrew €700 million ($898 million) from the country’s banks on Monday, fueling fears of a bank run amid the growing political disarray. With deposits falling,…
