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<title><![CDATA[RSS for Failure Of Austerity]]></title>
<description><![CDATA[Watch breaking news videos and read news updates about Failure Of Austerity on FOXBusiness.com.]]></description>
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<title><![CDATA[Eurozone in Longest Recession on Record]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2013/05/15/eurozone-economy-shrinks-in-1q-core-still-struggles/?]]></link>
<guid>http://www.foxbusiness.com/markets/2013/05/15/eurozone-economy-shrinks-in-1q-core-still-struggles/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 07:18:42 EDT]]></pubDate>
<description><![CDATA[The 17-member currency bloc's economy contracted slightly more than economists forecast in the first quarter.]]></description>
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<title><![CDATA[EU Suggests More Time for Deficit Reduction]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/03/eu-suggests-more-time-for-deficit-reduction/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/03/eu-suggests-more-time-for-deficit-reduction/</guid>
<pubDate><![CDATA[Fri, 03 May 2013 14:35:03 EDT]]></pubDate>
<description><![CDATA[European Union authorities Friday suggested government austerity policies should be relaxed in a number of countries because of grim economic conditions.]]></description>
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<title><![CDATA[Eurozone inflation fall, record jobless point to ECB rate cut]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/30/eurozone-inflation-fall-record-jobless-point-to-ecb-rate-cut/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/30/eurozone-inflation-fall-record-jobless-point-to-ecb-rate-cut/</guid>
<pubDate><![CDATA[Tue, 30 Apr 2013 05:56:02 EDT]]></pubDate>
<description><![CDATA[Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week.]]></description>
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<title><![CDATA[Austerity Roiling European Economics and Politics]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2013/04/26/europe-more-divided-than-ever-over-austerity/?]]></link>
<guid>http://www.foxbusiness.com/markets/2013/04/26/europe-more-divided-than-ever-over-austerity/</guid>
<pubDate><![CDATA[Fri, 26 Apr 2013 13:42:41 EDT]]></pubDate>
<description><![CDATA[Many Europeans apparently prefer bloated deficits and threats of default over higher taxes and soaring unemployment wrought by recent austerity measures.]]></description>
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<title><![CDATA[French Unemployed Number Sets New Record High]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/25/french-unemployed-number-sets-new-record-high/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/25/french-unemployed-number-sets-new-record-high/</guid>
<pubDate><![CDATA[Thu, 25 Apr 2013 12:29:34 EDT]]></pubDate>
<description><![CDATA[The number of jobless people in France hit a record high of over 3.2 million in March, dealing a blow to President Fran�ois Hollande's pledge to reinvigorate the French economy and turn around the job market.]]></description>
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<title><![CDATA[Troika concludes Greek bailout review, next aid tranche soon: source]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/13/troika-concludes-greek-bailout-review-next-aid-tranche-soon-source1726/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/13/troika-concludes-greek-bailout-review-next-aid-tranche-soon-source1726/</guid>
<pubDate><![CDATA[Sat, 13 Apr 2013 06:29:29 EDT]]></pubDate>
<description><![CDATA[An inspection team of international lenders has finished its review of Greece's reforms, paving the way for another 10 billion euros aid payment, a source with knowledge of the talks said on Saturday.]]></description>
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<title><![CDATA[Central Banking on Steroids Goes Global]]></title>
<link><![CDATA[http://www.foxbusiness.com/investing/2013/04/12/all-rage-central-banking-on-steroids-goes-global/?]]></link>
<guid>http://www.foxbusiness.com/investing/2013/04/12/all-rage-central-banking-on-steroids-goes-global/</guid>
<pubDate><![CDATA[Fri, 12 Apr 2013 14:44:39 EDT]]></pubDate>
<description><![CDATA[Central bankers around the world continue to have unprecedented influence over global financial markets.]]></description>
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<title><![CDATA[Fiat will update 2013 targets with first quarter results: CEO]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/09/fiat-will-update-2013-targets-with-first-quarter-results-ceo/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/09/fiat-will-update-2013-targets-with-first-quarter-results-ceo/</guid>
<pubDate><![CDATA[Tue, 09 Apr 2013 07:10:56 EDT]]></pubDate>
<description><![CDATA[Italian automaker Fiat will update its 2013 forecasts when it releases first quarter results on April 29, Chief Executive Sergio Marchionne said on Tuesday.]]></description>
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<title><![CDATA[European Markets Flat Tuesday]]></title>
<link><![CDATA[http://video.foxbusiness.com/v/2220242142001/european-markets-flat-tuesday/?]]></link>
<guid>http://video.foxbusiness.com/v/2220242142001/european-markets-flat-tuesday/</guid>
<pubDate><![CDATA[Tue, 12 Mar 2013 08:09:05 EDT]]></pubDate>
<description><![CDATA[IG Market Analyst Christopher Beauchamp on impact of austerity across Europe.]]></description>
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<title><![CDATA[Dow Jones record may boost spending by wealthy; others still wary]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/05/dow-jones-record-may-boost-spending-by-wealthy-others-still-wary/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/05/dow-jones-record-may-boost-spending-by-wealthy-others-still-wary/</guid>
<pubDate><![CDATA[Tue, 05 Mar 2013 21:46:58 EST]]></pubDate>
<description><![CDATA[About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines.]]></description>
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<title><![CDATA[Greece needs growth to get out of crisis, France's Hollande says]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/19/greece-needs-growth-to-get-out-crisis-france-hollande-says/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/19/greece-needs-growth-to-get-out-crisis-france-hollande-says/</guid>
<pubDate><![CDATA[Tue, 19 Feb 2013 09:40:11 EST]]></pubDate>
<description><![CDATA[French President Francois Hollande used a visit to hard-hit Greece on Tuesday to press his pro-growth agenda, saying fiscal reform could not be achieved by austerity alone.]]></description>
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<title><![CDATA[Fed's Yellen says austerity policies may be counterproductive]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/11/fed-yellen-says-austerity-policies-may-be-counterproductive/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/11/fed-yellen-says-austerity-policies-may-be-counterproductive/</guid>
<pubDate><![CDATA[Mon, 11 Feb 2013 17:01:42 EST]]></pubDate>
<description><![CDATA[Austerity policies in the United States and Europe that sharply cut spending to reduce budget deficits could be self-defeating if they derail economic growth, Federal Reserve Vice Chair Janet Yellen said on Monday.]]></description>
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<title><![CDATA[Fed taking "forceful action" on economy, Yellen says]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/11/fed-taking-forceful-action-on-economy-yellen-says/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/11/fed-taking-forceful-action-on-economy-yellen-says/</guid>
<pubDate><![CDATA[Mon, 11 Feb 2013 17:01:42 EST]]></pubDate>
<description><![CDATA[The Federal Reserve's aggressive easing of monetary policy is warranted given the still-battered state of the labor market, Fed Vice Chairwoman Janet Yellen said on Monday.]]></description>
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<title><![CDATA[Greece sees smaller deficit this year, fiscal gap looms later]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/08/greece-sees-smaller-deficit-this-year-fiscal-gap-looms-later/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/08/greece-sees-smaller-deficit-this-year-fiscal-gap-looms-later/</guid>
<pubDate><![CDATA[Fri, 08 Feb 2013 10:37:41 EST]]></pubDate>
<description><![CDATA[Greece will cut its budget deficit this year by more than expected after securing debt relief, but will need to bridge a 2.]]></description>
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<title><![CDATA[Egypt ETF Slides on IMF Loan Doubts]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/06/egypt-etf-slides-on-imf-loan-doubts/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/06/egypt-etf-slides-on-imf-loan-doubts/</guid>
<pubDate><![CDATA[Wed, 06 Feb 2013 09:22:06 EST]]></pubDate>
<description><![CDATA[Shares of the embattled Market Vectors Egypt ETF (NYSE:EGPT) are off 1.]]></description>
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<title><![CDATA[Greek manufacturing slide enters 41st month in Jan: PMI]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/01/greek-manufacturing-slide-enters-41st-month-in-jan-pmi/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/01/greek-manufacturing-slide-enters-41st-month-in-jan-pmi/</guid>
<pubDate><![CDATA[Fri, 01 Feb 2013 05:04:05 EST]]></pubDate>
<description><![CDATA[Greek manufacturing remained in the grip of a deep slump for the 41st month running in January, with firms forced to shed yet more jobs as new orders fell at the steepest pace in 11 months, a survey showed on Friday.]]></description>
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<title><![CDATA[Iceland President: We Decided to Let the Banks Fail]]></title>
<link><![CDATA[http://video.foxbusiness.com/v/2114523733001/iceland-president-we-decided-to-let-the-banks-fail/?]]></link>
<guid>http://video.foxbusiness.com/v/2114523733001/iceland-president-we-decided-to-let-the-banks-fail/</guid>
<pubDate><![CDATA[Wed, 23 Jan 2013 17:45:09 EST]]></pubDate>
<description><![CDATA[Iceland President Olafur Ragnar Grimsson on the recovery of the country’s economy.]]></description>
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<title><![CDATA[Car slump in France, Spain and Italy spells gloomy 2013]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/01/02/car-slump-in-france-spain-and-italy-spells-gloomy-2013/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/01/02/car-slump-in-france-spain-and-italy-spells-gloomy-2013/</guid>
<pubDate><![CDATA[Wed, 02 Jan 2013 15:10:29 EST]]></pubDate>
<description><![CDATA[Car sales in France, Spain and Italy in 2012 fell to the lowest levels in years, with December registration data underscoring the challenges facing the broader European economy.]]></description>
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<title><![CDATA[British unemployment claims fall unexpectedly]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/12/12/british-unemployment-claims-fall-unexpectedly/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/12/12/british-unemployment-claims-fall-unexpectedly/</guid>
<pubDate><![CDATA[Wed, 12 Dec 2012 06:36:25 EST]]></pubDate>
<description><![CDATA[The number of Britons claiming unemployment benefits fell unexpectedly in November and the number of people in work hit a record high, data showed, raising prospects the labor market will support a moribund economy.]]></description>
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<title><![CDATA[Money Talks: Axel Merk]]></title>
<link><![CDATA[http://www.foxbusiness.com/investing/2012/11/30/money-talks-axel-merk/?]]></link>
<guid>http://www.foxbusiness.com/investing/2012/11/30/money-talks-axel-merk/</guid>
<pubDate><![CDATA[Fri, 30 Nov 2012 14:43:42 EST]]></pubDate>
<description><![CDATA[Merk Investments Chief Investment Officer Axel Merk weighs in on the factors impacting U.S. and global equity markets. ]]></description>
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