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By Marlene Y. Satter, AdvisorOne |
October 4, 2012
The country has already asked Russia for a 5 billion-euro loan.
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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 14, 2012
Moody's cut the ratings of Spain and Cyprus on Wednesday. Bond yields topped 7% for Spain, and in Italy’s first bond sale since Spain’s bailout yields surged.