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By Marlene Y. Satter, AdvisorOne |
September 28, 2012
President Francois Hollande’s 2013 budget for France relies on tax increases on the wealthy and on large companies to help cut the country’s deficit, rather than spending cuts.
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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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By Marlene Y. Satter, AdvisorOne |
July 24, 2012
Germany, the Netherlands and Luxembourg saw their outlooks downgraded to negative by Moody’s Investors Service late Monday as debt woes in the eurozone continued to worsen.
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By Marlene Y. Satter, AdvisorOne |
June 26, 2012
The troubled eurozone continued to experience turmoil as Moody’s downgraded 28 Spanish banks and Cyprus requested a bailout that could amount to more than half its economy.
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By Marlene Y. Satter, AdvisorOne |
June 11, 2012
Spain accepted a bailout Saturday for its financial sector, and Italy stepped up into the spotlight over concerns that it may be the next country to request aid.
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By Marlene Y. Satter, AdvisorOne |
May 10, 2012
Four days after Greek elections that left five anti-bailout parties seated in Parliament, a ruling coalition still has not emerged.
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By Gil Weinreich, AdvisorOne |
April 5, 2012
Bill Gross put Spain's failed bond auction in perspective: “Greece was a zit, Portugal is a boil, Spain is a tumor. You can’t fix a debt crisis with austerity and more debt.”
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By Marlene Y. Satter, AdvisorOne |
February 17, 2012
Germany's get-tough attitude toward Greece, echoed by Austria, Finland and the Netherlands, has angered Greek officials who say they have done everything they were asked to do in order to be granted a second bailout by the troika of the European Union, International Monetary Fund and European Central Bank.
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By Marlene Y. Satter, AdvisorOne |
December 29, 2011
Italy sold bonds on Thursday, but not as many as hoped in thin trading. While yields fell, they were still not far from euro-lifetime highs as investors displayed concern over the country's ability to sustain itself. After the auction, the European Central Bank stepped in to purchase Italy's bonds on...