"euro" tag

Berlusconi to Resign As Italy’s Prime Minister

By NICOLE WINFIELD and COLLEEN BARRY http://www.huffingtonpost.com/2011/11/08/silvio-berlusconi-reporte_n_1082304.html ROME — Premier Silvio Berlusconi says his decision to resign after parliament passes economic reforms is for the good of the country, and to settle financial…


Berlusconi Plays Last Cards, Denies He Will Resign

By Paolo Biondi and Barry Moody http://www.reuters.com/article/2011/11/07/us-berlusconi-idUSTRE7A61GR20111107 (Reuters) – Italian Prime Minister Silvio Berlusconi, under huge pressure from international markets and rebels in his party, tried to play his last cards on Monday…


Italy May Be the Next Greece

Italy government borrowing rates hit euro-era high BBC News, 7 November 2011 http://www.bbc.co.uk/news/business-15617132 The Italian government’s borrowing cost has risen as fears grow over political uncertainty in Rome. The yield on Italian 10-year…

parthenon lightning

Greek Referendum Deepens Crisis; Angers Germans

By Dina Kyriakidou and Harry Papachristou ATHENS | Tue Nov 1, 2011 9:00am EDT http://www.reuters.com/article/2011/11/01/us-greece-referendum-idUSTRE79U5PQ20111101 (Reuters) – The leaders of France and Germany scrambled on Tuesday to limit damage after Prime Minister George Papandreou decided to let…

athens acropolis greece

Letter from Dr. Larson: Europe is in Financial Chaos

By Dr. Mike Larson Dear Janis, All hell broke loose in Europe this morning: European stocks plummeted. The euro plunged. Greek bond prices crashed again and gold rocketed higher. Meanwhile, Greek Prime Minister…

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