Tag: Eurozone crisis

• Monday, July 23rd 2012 - 04:06 UTC

  EU parliament president warns economic crisis could spark “social explosion”

  

  European Parliament president Martin Schulz warned this weekend that Spain's economic crisis could spark a “social explosion” across the continent.

• Thursday, July 19th 2012 - 07:34 UTC

  World Bank warns that Euro debt crisis will have an impact on most regions

  

  World Bank President Jim Yong Kim on Wednesday warned that most regions of the world will be hurt by the debt crisis enveloping the Euro zone and said it was vital to protect the strong economic gains of the past decade in the developing world.

• Wednesday, July 11th 2012 - 22:23 UTC

  Italy’s caretaker PM Monti says next year’s election can be looked at “with serenity”

  

  Italy's technocrat Prime Minister Mario Monti, appointed last year to steer his country through a debt crisis, said he was confident a stable government would be formed after elections in 2013, playing down fears of deadlock after he steps down.

• Wednesday, July 11th 2012 - 06:43 UTC

  PM Cameron/Hollande summit: France admits “Europe at different speeds”

  

  President Francois Hollande and British Prime Minister David Cameron tried Tuesday to shake off a rocky start to their relationship despite lingering differences over the Euro zone crisis.

• Monday, July 2nd 2012 - 06:19 UTC

  PM Cameron suggests referendum on UK’s conditions and EU membership

  

  British Prime minister David Cameron has indicated that a referendum on the United Kingdom’s conditions of European Union membership is increasingly likely, but ruled out one that offers voters a straight “in or out” choice.

• Thursday, June 14th 2012 - 23:08 UTC

  Merkel warns “Germany’s strength is not infinite” and there are “no miracle solutions”

  

  Chancellor Angela Merkel rebuffed pressure for Germany, Europe's most powerful economy, to underwrite debt or guarantee bank deposits in the euro zone.

• Saturday, November 19th 2011 - 05:54 UTC

  UK and Germany agree to disagree; no progress on the transactions tax

  

  The leaders of Britain and Germany David Cameron and Angela Merkel acknowledged differences over the Euro zone crisis but stressed they have the “same plan” for European growth. The prime minister met the German chancellor on Friday in Berlin to discuss the Euro zone crisis, and Iran and Syria.

• Thursday, November 10th 2011 - 06:11 UTC

  Euro crisis: Brazil says capital flight from emerging economies has started

  

  Members from the Brazilian and Uruguayan governments have warned about the increase of capital flight from emerging countries as the Euro crisis lags in search of a strong decision.

• Tuesday, November 1st 2011 - 05:10 UTC

  The Euro crisis plays in favour of advancing EU/Mercosur trade negotiations

  

  The worsening of the world crisis is a factor that plays in favour of advancing negotiations for the European Union and Mercosur cooperation agreement and strategic association, said Socialist Euro Deputy Luis Yañez from Spain currently visiting Montevideo.

• Monday, October 17th 2011 - 17:28 UTC

  Germany warns Greek bondholders will have to accept steeper ‘hair-cut’

  

  Germany lowered expectations of a breakthrough in the Euro zone's sovereign debt crisis next weekend, saying Sunday's EU summit will not produce a final solution, and kept up pressure on banks to accept bigger write-downs on Greek debt.