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By Marlene Y. Satter, AdvisorOne |
May 24, 2012
Although a Wednesday E.U. summit meeting ended with Greece being urged by leaders to remain in the joint currency bloc, Germany did not back down on its stance that Athens must adhere to austerity measures already agreed to.
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By Marlene Y. Satter, AdvisorOne |
May 18, 2012
Moody’s cut the ratings of 16 Spanish banks, taking Banco Santander and Banco Bilbao Vizcaya Argentaria down three notches each. Fitch, meanwhile, dropped Greece into its lowest level in junk territory.
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By Marlene Y. Satter, AdvisorOne |
May 15, 2012
Greece will hold new elections after the three major parties and President Karolos Papoulias failed to form a governing coalition that could agree on how to handle the country's debt burden.
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By Marlene Y. Satter, AdvisorOne |
May 9, 2012
Alexis Tsipras of the Syriza party in Greece has given leaders of other parties an ultimatum: reject the bailout and its tough conditions, or be shut out of the government.
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By Marlene Y. Satter, AdvisorOne |
May 8, 2012
Successful votes against austerity from Greece to France have pushed officials to consider other ways to cope with the debt crisis in the euro zone.
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By Janet Levaux, AdvisorOne |
May 7, 2012
Jim O'Neill of Goldman Sachs says a drop to 1.20 euros to the dollar is more likely than not.
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By Marlene Y. Satter, AdvisorOne |
May 7, 2012
Europe could be in for change, if voters in three different countries over the weekend have anything to say about it.
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By Ronald Delegge, ETFguide.com |
May 4, 2012
Largely ignoring sovereign debt woes in the region, European stocks inside the Vanguard MSCI Europe ETF were ahead by 7.65% this year, as of late April.
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By Marlene Y. Satter, AdvisorOne |
May 4, 2012
As the possibility of drastic change hovers over France and Greece, with elections to be held Sunday, Norway has warned that Europe is in for a rough ride.
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By Marlene Y. Satter, AdvisorOne |
April 24, 2012
Peter Altmaier, the chief whip of Merkel’s party, said that despite the defeat of the French president in the first round of elections and the fall of the Dutch government, Merkel had not changed her mind about the best way to combat the debt crisis.
