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A collection of news and information related to European Debt Crisis published by this site and its partners.

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    May 6, 2013 |Story| Chicago Tribune

  1. Midsize companies cautiously optimistic

    Midsize companies in the U.S remain cautious about economic growth this year, but they are making modest investments to expand their business and add to their payrolls, according to an analysis Monday from Deloitte & Touche LLP.
    Midsize companies in the U.S remain cautious about economic growth this year, but they are making modest investments to expand their business and add to their payrolls, according to an analysis Monday from Deloitte & Touche LLP. The accounting and...

    Tags: Health Insurance Cost, Deloitte Touche Tohmatsu Ltd., Employees, Labor Legislation, Career and Workplace

    2. May 2, 2013 |Column| Orlando Sentinel

  2. Europe has no exit

    WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European Central Bank (ECB) has stabilized the bond market for weak debtor countries. Despite problems, Europe is muddling through.
    WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European...

    Tags: Inflation and Deflation, Government, European Central Bank, Italy, Money and Monetary Policy

    3. Apr 30, 2013 |Story| Los Angeles Times

  3. Harsh words fly between Germany and France over economic plans

    BERLIN -- Europe's most important relationship is under increasing strain after French officials accused Germany's leader of "egotistical intransigence" and leaders in Berlin shot back by describing France as the continent's "biggest problem child."
    BERLIN -- Europe's most important relationship is under increasing strain after French officials accused Germany's leader of "egotistical intransigence" and leaders in Berlin shot back by describing France as the continent's "biggest problem child."...

    Tags: Employment, Germany, Pervez Musharraf, France, Employment Opportunities

    4. Apr 30, 2013 |Story| Los Angeles Times

  4. Lawmakers in Cyprus pass bailout plan

    ATHENS -- Despite sweeping public discord, Cyprus lawmakers on Tuesday approved a controversial $13-billion bailout imposed by international lenders to keep the island financially afloat, and its economy anchored to Europe’s single currency.
    ATHENS -- Despite sweeping public discord, Cyprus lawmakers on Tuesday approved a controversial $13-billion bailout imposed by international lenders to keep the island financially afloat, and its economy anchored to Europe’s single currency....

    Tags: Government, Justice System, Cyprus, Loans, National Government

    5. Apr 24, 2013 |Column| Orlando Sentinel

  5. The Reinhart/Rogoff brawl

    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how explosive the issue is. They suggested that debt exceeding 90 percent of a country's economy (gross domestic product, or GDP) corresponds to a sharp drop in economic growth. But their work is being challenged by three other economists, who say that Reinhart and Rogoff made basic errors that invalidate their results.
    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how...

    Tags: Public Finance, Money and Monetary Policy, Economic Indicator, Budgets and Budgeting, Federal Reserve

    6. Apr 23, 2013 |Story| Los Angeles Times

  6. Scams blocking Chinese investors' path to U.S. green cards

    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno.
    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno. The project had an alluring...

    Tags: O'Hare International Airport, Patrick Leahy, Justice System, Heart Attack, Hotel and Accommodation Industry

    7. Apr 20, 2013 |Story| Los Angeles Times

  7. Global Voices: Filmmakers chronicle Chinese run on French wine

    What might have been a grueling, 25-hour flight from Sydney to London two years ago instead brought filmmaker and viticulturist Warwick Ross to a project that blended his passions for storytelling and wine as perfectly as the grapes for a nice Chardonnay-Viognier.
    What might have been a grueling, 25-hour flight from Sydney to London two years ago instead brought filmmaker and viticulturist Warwick Ross to a project that blended his passions for storytelling and wine as perfectly as the grapes for a nice Chardonnay-...

    Tags: Beverage Industry, Food Industry, Wines, China, Australia

    8. Apr 17, 2013 |Story| Los Angeles Times

  8. Apple shares tumble as stocks fall for second day in last three

    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe.
    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe. Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...

    Tags: Stock Market, Insider Trading, Bank of America Corp., Apple Inc., Financial Markets

    9. Mar 27, 2013 |Column| Chicago Tribune

  9. Cyprus bailout raises fears of tapping savings accounts in other troubled countries

    The prospect of losing money in a bank savings account was once considered unthinkable, but the possibility sent Americans into a panic in the 2008 financial crisis, and the threat recently surfaced anew.
    The prospect of losing money in a bank savings account was once considered unthinkable, but the possibility sent Americans into a panic in the 2008 financial crisis, and the threat recently surfaced anew. This time the focus is on European banks and the...

    Tags: European Central Bank, Cyprus, Spain, Cypriot Banking Crisis (2013), Italy

    10. Mar 28, 2013 |Story| Los Angeles Times

  10. S&P 500 sets all-time closing high [video chat]

    <iframe id="spreecast-player" type="text/html" width="600" height="470" src="http://www.spreecast.com/events/money-co-sp-500-all-time-high/embed-medium" frameborder="0"></iframe>
    NEW YORK -- The broad Standard & Poor's 500 index broke a half-decade-old record, another sign of stocks' continuing rally this year. The S&P 500 added 6.34 points, or 0.41%, to 1,569.19 Thursday, the last trading day of the first quarter. The S&P 500...

    Tags: S&P 500, Stock Market, Economy, Business and Finance, Fiscal Cliff, Finance

    11. Apr 2, 2013 |Story| Los Angeles Times

  11. Jobless rate hits new record in Eurozone

    LONDON -- Joblessness in the 17-nation Eurozone hit a record high in January and February, according to statistics released Tuesday that gave a grim snapshot of the region&rsquo;s continued economic malaise.
    LONDON -- Joblessness in the 17-nation Eurozone hit a record high in January and February, according to statistics released Tuesday that gave a grim snapshot of the region’s continued economic malaise. The unemployment rate rose to 12% in the...

    Tags: European Union, Employment, Cyprus, Cypriot Banking Crisis (2013), Employment Opportunities

    12. Mar 28, 2013 |Story| Los Angeles Times

  12. S&P 500 trades above all-time closing high

    NEW YORK -- The benchmark Standard &amp; Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally.&nbsp;
    NEW YORK -- The benchmark Standard & Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally.  The broad S&P index is on track to finish the day above its all-time closing high of 1,565.15 recorded Oct. 9, 2007....

    Tags: Budget Control Act of 2011, Stock Market, Barack Obama, Money and Monetary Policy, U.S. Congress

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