Merkel Battles Headwinds at Home Over Greece
Chancellor Merkel of Germany took to the airwaves over the weekend to try to quell ever-louder exitmongering talks among her political colleagues at home as they declared that Greece should depart the eurozone.
Italy, Spain Resist ECB Requirement
Neither Spain nor Italy is prepared to ask the European Central Bank (ECB) for aid in order for the ECB to begin buying their countries’ bonds. At least not yet.
Greek Exit Fears Loom Again
Depending on the result of the review to be conducted this week by the troika, Greece could end up being ridden right out of the eurozone.
Pro-Bailout Party Wins Greek Election
Voters in Greece on Sunday let the world know that they were not quite ready to depart the euro.
Will ECB Do QE and Start Printing Money? Strategists See Growing Possibility
Although France and Germany are still wrangling over the part that the European Central Bank should play in resolving the spreading debt crisis across the eurozone, apparently one thing is believed possible despite their disagreements: that the ECB could start printing money.
Germany Continues to Balk at Increasing Europe Rescue Fund
Germany’s Foreign Minister Guido Westerwelle said Sunday that comments by Jose Manuel Barroso, president of the European Union’s commission, that the amount of the European rescue fund should be increased were “not helpful.”