Wednesday, April 7, 2010 as of 11:14 AM ET
The European sovereign debt crisis (referred to by analysts and investment banking professionals as The ESDC) is an ongoing financial crisis that has made it difficult or impossible for some countries in the euro area to re-finance their government debt without the assistance of third parties.
Read More at Wikipedia ›Dow Jones’ Nick Hastings breaks down the stories moving the markets around the world.
Credit Agricole SA (ACA.FR) Chief Executive Jean-Paul Chifflet moved to reassure investors Tuesday, saying that although the financial crisis has hurt the French ban...
Europe needs an insurance plan for bank deposits that goes beyond national borders to head off bank runs fueled by fears of a change in currency, University of Chica...
As Greece threatens to exit the euro zone, Europe's policy makers will avoid a 'worst-case' financial and economic crisis by using its short-term tools to save the m...
Wasif Latif, USAA Investments VP, on the latest drama in the Greek debt crisis.
European funding markets have effectively shut down to Australia's banks, the chief executive of Australia & New Zealand Banking Group Ltd. (ANZ.AU) said Friday, rai...
International funding markets have effectively shut down to Australia's banks, the chief executive of Australia & New Zealand Banking Group Ltd. (ANZ.AU) said Friday...
Markets.com Chief Economist Bill Hubard on the lack of effective financial leadership in the EU.
FOX Business: The Power to ProsperWall Street's May slump deepened on Wednesday as an early buying spree fueled by upbeat U.S. economic data was foiled by fears abou...
FBN’s Stuart Varney sounds off on the state’s decision to increase taxes on those who earn more than $100,000.
Hungary's government has more than enough financing to cope should the situation in Greece deteriorate further, an official at the economy ministry said Wednesday."W...
Fears that a Greek exit from the euro zone will worsen the debt crisis facing other European nations gripped financial markets on Wednesday, sending shares and other...
Attempts to form a government in Greece collapsed on Tuesday, jolting financial markets at the prospect that leftists opposed to the terms of an EU bailout could swe...
The latest wrinkle in the Greek financial crisis is a rush by its citizens to withdraw their savings from banks. This is both a symptom of the fear that Greece might...
European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the co...
The shadows being cast over the global economy darkened this month as the euro zone's private sector declined further and China's once-booming factories faltered, bu...
Australian fund managers may be on the other side of the world from the drama unfolding in Europe, but local wealth managers are nonetheless feeling the impact from ...
FOX Business: The Power to ProsperWall Street managed to put an end to a brutal global rout on Wednesday, with the S&P and Nasdaq ending in the green as traders pars...
As jitters about Greece leaving the eurozone reach a boiling point, one of the key lessons of the Lehman Brothers collapse should loom large over the heads of policy...
FBN’s Lou Dobbs on the impact of the Greek debt crisis on the European and U.S. economies despite the country’s small size.
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