eurozone

  • May 18, 2012  

    In other news Friday, leaders of some of the world’s largest economies began gathering at Camp David in Maryland for the G-8 summit. Also, German Chancellor Angela Merkel suggested Greece hold a referendum on staying in the eurozone, according to a spokesman for Greece’s caretaker government. Continue reading

  • May 17, 2012  

    In other news Thursday, questions kept coming about the future of the eurozone. By all accounts, money was flowing out of Greece where far-left leaders are agitating to break a bailout agreement and end austerity measures. Also, a fight over solar panels flared into the open between the U.S. and China. Continue reading

  • May 17, 2012  

    Treasury Secretary Timothy Geithner told Jeffrey Brown during a factory tour Thursday in Baltimore that he couldn’t understand why the debate over the federal debt limit is back again. They also discussed how regional Federal Reserve bank boards are established and how President Obama will campaign about jobs and the economy. Continue reading

  • May 16, 2012  

    In other news Wednesday, Greece appointed an interim government as it struggled to escape a deepening political crisis. The country faces new elections on June 17. Also, former Liberian President Charles Taylor offered no apologies at a U.N. tribunal for fomenting civil war in neighboring Sierra Leone in the late 1990s. Continue reading

  • May 15, 2012  

    Nine days after voters divided sharply over drastic austerity measures, Greece teetered toward insolvency and the prospect of yet another round of elections. Other European nations braced for the fallout and worried yet again about the future of their common currency. Ray Suarez reports. Continue reading

  • May 15, 2012  

    Greece’s political turmoil intensified Tuesday amid calls for fresh elections. Ray Suarez gets the latest from reporter John Psaropoulos. He then turns to Fred Bergsten of the Peterson Institute for International Economics and Nicholas Burns of Harvard Kennedy School for more analysis on the economic impact worldwide. Continue reading

  • May 14, 2012  

    In other news Monday, rival party leaders in Greece began a last-ditch effort to form a new government while European leaders faced the growing possibility that Greece’s days in the eurozone might be numbered if it rejects austerity measures. Also, plans to close some 600 U.S. post offices have officially been put on hold. Continue reading

  • April 27, 2012  

    Romania’s government fell in a no-confidence vote Friday while the Czech Republic’s government moved to the brink of collapse before surviving a no-confidence vote. The Dutch government collapsed Monday and Spain — Europe’s fourth-largest economy — fell back into recession. Ray Suarez reports on renewed worries across Europe. Continue reading

  • April 27, 2012  

    Even as British Prime Minister David Cameron defended the notion of austerity, governments across Europe were toppling or falling back into recession. Ray Suarez and George Washington University’s Scheherazade Rehman discuss problems and potential solutions, both in the U.S. and overseas. Continue reading

  • April 23, 2012  

    Handing incumbent President Nicolas Sarkozy a narrow defeat in Sunday’s first-round election, French voters raised the prospects of Socialist candidate Francois Hollande becoming the nation’s next leader after a May 6 runoff. Ray Suarez reports on voters voicing their discontent and how the markets reacted. Continue reading