European Commission

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  Eurozone Confidence Falls Again

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

  Economic confidence throughout the eurozone fell in July, reaching its lowest level since September 2009, and business confidence also headed lower for the fifth straight month as the eurozone crisis dragged on.

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  Draghi, With Credibility at Stake, Ups Ante in Debt Fight

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

  ECB President Mario Draghi is upping the ante after saying last week he would do "whatever it takes" to preserve the euro.

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  Greek Exit Fears Loom Again

  By Marlene Y. Satter, AdvisorOne  |  July 23, 2012

  Depending on the result of the review to be conducted this week by the troika, Greece could end up being ridden right out of the eurozone.

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  Singapore Exchange Denies It Will Buy London Stock Exchange

  By Marlene Y. Satter, AdvisorOne  |  July 20, 2012

  A report in Britain’s Daily Telegraph on Thursday that the Singapore Exchange was in talks to buy the London Stock Exchange was denied by the former on Friday.

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  Euro Summit Deal Threatened by Finland, Netherlands

  By Marlene Y. Satter, AdvisorOne  |  July 3, 2012

  The bond-buying agreement worked out so painfully during a recent EU summit meeting to soothe markets and help Spain and Italy is being threatened.

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  European Banking Union Not Enough: Investors

  By Marlene Y. Satter, AdvisorOne  |  June 28, 2012

  Investors, apparently, not only lack faith in officials to take decisive action on the debt crisis but also do not seem to believe that a bold solution proposed by some can work—because it does not go far enough.

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  Spain Downgraded, Seen Asking for Bailout Saturday

  By Marlene Y. Satter, AdvisorOne  |  June 8, 2012

  Fitch cut Spain’s credit rating by three notches late Thursday, leaving it two levels above junk, and Friday morning word circulated that the country would ask for a bailout on Saturday.

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  G7 Sets Crisis Conference Call After Soros Warning

  By Marlene Y. Satter, AdvisorOne  |  June 5, 2012

  G7 leaders planned a conference call Tuesday ahead of a scheduled mid-June summit meeting, after a weekend warning by the billionaire George Soros that Europe had just three months to salvage the euro.

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  Tourists Fail to Boost Employment in Spain

  By Marlene Y. Satter, AdvisorOne  |  June 4, 2012

  Even the influx of tourists during peak travel season has failed to boost Spanish employment out of the doldrums.

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  Dithering Deepens, Spreads Eurozone Crisis

  By Marlene Y. Satter, AdvisorOne  |  June 1, 2012

  Calls for action seem to be everywhere throughout the eurozone with the exception of Germany, where Chancellor Angela Merkel’s insistence on adhering to austerity is increasingly isolating her from the rest of the region.