Eurozone

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  German Citizens Sue to Prevent ECB Bond Buying

  By Marlene Y. Satter, AdvisorOne  |  November 16, 2012

  This is the sixth case to reach the EU’s two top courts in challenges to decisions made by the Frankfurt-based ECB on eurozone issues.

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  Eurozone Falls Back in Recession for Q3

  By Marlene Y. Satter, AdvisorOne  |  November 15, 2012

  Italy, Spain and the Netherlands all saw their economies shrink, while Greece has entered a full-scale depression. Even Belgium saw its economy stagnate. And many blame unrelenting insistence on tough austerity policies for the depressing news.

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  Gold to Soar: Deutsche Bank

  By Marlene Y. Satter, AdvisorOne  |  November 14, 2012

  Gold is destined for another increase, according to the head of metals trading at Deutsche Bank. In fact, it’s set to jump above $2,000 as governments use stimulus to counter any slowing in economic recovery.

• Coordinated Strikes Hit Europe

  By Marlene Y. Satter, AdvisorOne  |  November 14, 2012

  Millions of European workers hit the streets, heading not for their jobs but for demonstrations against austerity measures that have worsened the suffering of individuals in numerous countries.

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  Italy Plans Trial for Fitch, S&P Over Downgrades

  By Marlene Y. Satter, AdvisorOne  |  November 12, 2012

  Prosecutors allege that reports by both S&P and Fitch on Italy and its banking system were leaked during business hours in at least one instance. The leak is alleged to have caused the Milan stock market to record heavy losses.

• Eurozone Economic Sentiment Lowest in 3 Years

  By Marlene Y. Satter, AdvisorOne  |  October 30, 2012

  German unemployment worse than expected, Spain continues to contract.

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  U.S. Bank Lending Below Depression-Era Levels: S&P

  By Joyce Hanson, AdvisorOne  |  March 22, 2012

  U.S. bank loans are at such lows that the economic recovery has been nearly loan-free, S&P's head of financial institutions ratings said Wednesday in New York.

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  German Business Confidence Rises

  By Marlene Y. Satter, AdvisorOne  |  November 25, 2011

  Despite “disastrous” bond sale, survey of business leaders depicts a strong economy.

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  Roubini, PIMCO’s El-Erian: Kick Out Greece to Save Euro

  By Marlene Y. Satter, AdvisorOne  |  September 19, 2011

  Mohamed El-Erian, CEO and co-CIO of PIMCO, said that one way to save the euro was by cutting the size of the 17-nation bloc through the exit of Greece and one or two other unspecified countries.

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  Greek Debt Swap Feared Short of Goal

  By Marlene Y. Satter, AdvisorOne  |  September 9, 2011

  Banks and insurers, who were supposed to declare Friday whether they would join the bond exchange that was a condition of a second bailout for Greece, were slow to declare themselves, and a shortfall was feared at midday.