Greece

  • Jul 27, 2011
  • 2 min read

Greek contagion risks fourth euro-area bailout

Moody's today downgraded Cyprus's government debt to two notches above junk with a...

Cyprus
  • Jul 26, 2011
  • 6 min read

Flexibility is key to Europe's Schengen rules reform

EU Home Affairs Commissioner yesterday said that measures used by France and Italy to halt...

EU
  • Jul 25, 2011
  • 2 min read

Selective default will not solve Greek debt burden

Moody's today cut Greece's rating from Caa1 to Ca, two ranks above a default rating, warning that...

Greece
  • Jul 22, 2011
  • 7 min read

Rescue deal slows, not ends, euro-area debt crisis

Fitch Ratings today said that Greece faces a "restricted default", after EU leaders yesterday...

EU
  • Jul 21, 2011
  • 2 min read

EU leaders consider Greek selective default 'solution'

After German Chancellor Angela Merkel and French President Nicolas Sarkozy last night ruled out a...

EU
  • Jul 20, 2011
  • 2 min read

Regions threaten Spain's deficit reduction

S&P warned yesterday that Spain's regional governments will struggle to meet their deficit...

Spain
  • Jul 20, 2011
  • 2 min read

EU summit failure risks Spain and Italy crises

Merkel yesterday said that tomorrow's emergency EU summit will not "solve everything" and that...

EU
  • Jul 19, 2011
  • 2 min read

EURO-AREA: Trichet will stand firm on Greek default

Nowotny contradicted Trichet today when he said the Bank may allow a temporary...

EU