(Reuters) - Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.
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Search results for europe, seals, greek, bailout, avoid
Europe slowdown adds more tension to Greek drama
Posted by cagan 1 day 14 hours ago (http://www.reuters.com)
Memo From Frankfurt: Risk of Greek Euro Exit Has Europe Making Plans
Posted by cagan 1 day 14 hours ago (http://www.nytimes.com)
The debate about Greece’s exit from the euro zone is moving from “if” to “how,” and secret contingency planning appears to have begun in case events spin out of control.
Greek burglars cash in as savers flee banks
Posted by melisa 1 day 14 hours ago (http://www.reuters.com)
ATHENS (Reuters) - Andreas and Emilia Karabalis, who are both 80, feared their bank in Greece would collapse, so they withdrew their 80,000 euros ($100,000) savings and stashed it at home for safety.
Greek Leftist Reaches Out, to Little Avail
Posted by cagan 3 days ago (http://www.nytimes.com)
Alexis Tsipras, Greece’s rising young political star, found himself shunned by top leaders in both France and Germany.
Greek Businesses Fear Switch From Euro Back to Drachma
Posted by cagan 3 days ago (http://www.nytimes.com)
The move would involve complex legal and financial steps and could set back the economy further, many say.
Largest Greek Banks to Receive Financing
Posted by kagan 3 days ago (http://www.nytimes.com)
Greece will bolster banks weakened by losses on their holdings of government debt and the flight of deposits from skittish account holders.
Obama sketches four-pronged strategy for Europe, sees EU consensus
Posted by cagan 4 days ago (http://www.reuters.com)
CHICAGO (Reuters) - U.S. President Barack Obama urged Europe on Monday to strengthen its defenses against financial market turmoil and recapitalize its banks as part of a four-pronged strategy for tackling the euro zone crisis.
Google Given Antitrust Ultimatum From Europe Regulators
Posted by kagan 4 days ago (http://www.nytimes.com)
The European Commission warned Google to propose changes in “a matter of weeks” to its method of answering user queries, or possibly face an antitrust lawsuit.
Greek Crisis Poses Hard Choices for Western Leaders
Posted by cagan 5 days ago (http://www.nytimes.com)
Although some European officials talk of “managing” a Greek exit from the euro, the political and financial costs, and risks of panic and contagion, would represent a fundamental challenge.
Europe is driving full-tilt, foot on the pedal, into a brick wall
Posted by cagan 5 days ago (http://www.telegraph.co.uk)
It's unbelievable that we should be urging our neighbours to adopt a tighter fiscal union, argues Boris Johnson.
Obama presses ailing Europe to focus on growth
Posted by cagan 7 days ago (http://news.yahoo.com)
CAMP DAVID, Maryland (Reuters) - A growing chorus of world leaders on Friday pushed for a shift toward more pro-growth policies to help ease a European crisis that threatens to oust Greece from the euro zone and reverberate throughout the global economy. Setting the tone for a weekend G8 summit, President Barack Obama aligned himself with the new French president's drive for more economic stimulu
Alexis Tsipras, Greek Political Star, Puts Europe on Edge
Posted by cagan 7 days ago (http://www.nytimes.com)
The left-wing leader Alexis Tsipras, who pledges to repudiate Greece’s austerity-for-loans bailout deal, says the country’s problem is a European one, necessitating a European solution.
Credit Flows Through a New Channel for Europe
Posted by kagan 7 days ago (http://www.nytimes.com)
Companies in the euro zone are finding that they can bypass the uncertainties of local banks and obtain money in the bond market.
Greek winemakers see crisis as glass half-full
Posted by melisa 8 days ago (http://www.reuters.com)
NEW YORK (Reuters) - Greek winemakers are not pricing their wares in drachmas - yet.
News Analysis: A Greek Exit? Euro Zone May Be Ready
Posted by kagan 8 days ago (http://www.nytimes.com)
Years of foot-dragging and brinkmanship have prepared the currency union for life without Greece.
Insight: Swing states: Could Europe decide the U.S. election?
Posted by cagan 9 days ago (http://www.reuters.com)
NAVARRE, Ohio/WASHINGTON (Reuters) - The busy shop floor at Miller Weldmaster Corp could make a great location for an Obama campaign ad.
Greek Stimulus Is an Option, Merkel Says
Posted by kagan 9 days ago (http://www.nytimes.com)
Chancellor Angela Merkel of Germany said she would discuss stimulus programs to get the Greek economy growing again and that she was committed to keeping Greece in the euro zone.
Greek President Expected to Name Caretaker Government
Posted by cagan 10 days ago (http://www.nytimes.com)
The decision by President Karolos Papoulias could set off a series of events that would lead Greece to abandon the euro.
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