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European Debt Crisis

Highlights

A collection of news and information related to European Debt Crisis published by this site and its partners.

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    Apr 30, 2013 |Story| Los Angeles Times

  1. Harsh words fly between Germany and France over economic plans

    BERLIN -- Europe's most important relationship is under increasing strain after French officials accused Germany's leader of "egotistical intransigence" and leaders in Berlin shot back by describing France as the continent's "biggest problem child."
    BERLIN -- Europe's most important relationship is under increasing strain after French officials accused Germany's leader of "egotistical intransigence" and leaders in Berlin shot back by describing France as the continent's "biggest problem child."...

    Tags: Pervez Musharraf, Berlin (Germany), Career and Workplace, Employment Opportunities, Francois Hollande

    2. Apr 30, 2013 |Story| Los Angeles Times

  2. Lawmakers in Cyprus pass bailout plan

    ATHENS -- Despite sweeping public discord, Cyprus lawmakers on Tuesday approved a controversial $13-billion bailout imposed by international lenders to keep the island financially afloat, and its economy anchored to Europe’s single currency.
    ATHENS -- Despite sweeping public discord, Cyprus lawmakers on Tuesday approved a controversial $13-billion bailout imposed by international lenders to keep the island financially afloat, and its economy anchored to Europe’s single currency....

    Tags: Pervez Musharraf, Government, Justice System, Politics, Crime, Law and Justice

    3. Apr 23, 2013 |Story| Los Angeles Times

  3. Scams blocking Chinese investors' path to U.S. green cards

    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno.
    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno. The project had an alluring...

    Tags: Politics, China, Justice System, Crime, Law and Justice, Personal Data Collection

    4. Apr 20, 2013 |Story| Los Angeles Times

  4. Global Voices: Filmmakers chronicle Chinese run on French wine

    What might have been a grueling, 25-hour flight from Sydney to London two years ago instead brought filmmaker and viticulturist Warwick Ross to a project that blended his passions for storytelling and wine as perfectly as the grapes for a nice Chardonnay-Viognier.
    What might have been a grueling, 25-hour flight from Sydney to London two years ago instead brought filmmaker and viticulturist Warwick Ross to a project that blended his passions for storytelling and wine as perfectly as the grapes for a nice Chardonnay-...

    Tags: Beverage Industry, China, Food Industry, France, Movies

    5. Apr 17, 2013 |Story| Los Angeles Times

  5. Apple shares tumble as stocks fall for second day in last three

    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe.
    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe. Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...

    Tags: Stock Market, Bank of America Corp., Financial Markets, Insider Trading, Apple Inc.

    6. Mar 27, 2013 |Story| Los Angeles Times

  6. China's top airlines say profits fell sharply in 2012

    China's three major state-owned airlines reported steep drops in annual profit last year, citing the weak global economy, higher jet fuel prices and smaller foreign currency gains.
    China's three major state-owned airlines reported steep drops in annual profit last year, citing the weak global economy, higher jet fuel prices and smaller foreign currency gains. China Southern, the country's largest carrier, said Wednesday that...

    Tags: China, Air Transportation Industry, Money and Monetary Policy

    7. Mar 25, 2013 |Story| Los Angeles Times

  7. Cyprus wakes to bailout hangover

    ATHENS -- Defending a last-resort deal with international lenders, bleary-eyed officials on Cyprus said Monday that they had managed to avert a devastating default for the tiny Mediterranean nation and kept it from being forced out of Europe's single-currency family.
    This post has been updated and corrected. See the notes below and at the bottom for details.
    ATHENS -- Defending a last-resort deal with international lenders, bleary-eyed officials on Cyprus said Monday that they had managed to avert a devastating default for the tiny Mediterranean nation and kept it from being forced out of Europe's single-...

    Tags: Nicosia (Cyprus), Dmitry Medvedev, Nicos Anastasiades, Russia, Cypriot Banking Crisis (2013)

    8. Mar 18, 2013 |Story| Los Angeles Times

  8. Cyprus lawmakers delay emergency vote on bank-deposit tax

    ATHENS -- Lawmakers in Cyprus are scheduled to hold an emergency vote Monday on whether savers on the Mediterranean island will pay a levy of up to nearly 10% on bank deposits as part of a controversial international bailout plan that has enraged residents and sent financial markets swooning.
    This post has been updated. See the note below for details.
    ATHENS -- Lawmakers in Cyprus are scheduled to hold an emergency vote Monday on whether savers on the Mediterranean island will pay a levy of up to nearly 10% on bank deposits as part of a controversial international bailout plan that has enraged...

    Tags: Politics, Elections, Market and Exchange, Vladimir Putin, Cyprus

    9. Mar 24, 2013 |Story| Los Angeles Times

  9. Cyprus locked in tense talks with international lenders

    ATHENS -- Officials from Cyprus and international lenders were locked in long and tortuous talks Sunday, trying to strike a deal on a rescue plan that would keep the island’s failing banks from collapsing while maintaining membership in Europe’s single currency.
    ATHENS -- Officials from Cyprus and international lenders were locked in long and tortuous talks Sunday, trying to strike a deal on a rescue plan that would keep the island’s failing banks from collapsing while maintaining membership in Europe&...

    Tags: Nicosia (Cyprus), Central Bank, Same-Sex Marriage, Nicos Anastasiades, Bankruptcy

    10. Mar 18, 2013 |Story| Los Angeles Times

  10. Cyprus shuts banks through Thursday amid fears of widening crisis

    ATHENS — Amid renewed fears of a widening economic crisis in Europe, Cyprus on Monday ordered its banks shut through Thursday, postponing for a second time in two days a crucial parliamentary debate on whether bank depositors on the Mediterranean island should pay a levy of up to 10% in exchange for a $13-billion international bailout.
    ATHENS — Amid renewed fears of a widening economic crisis in Europe, Cyprus on Monday ordered its banks shut through Thursday, postponing for a second time in two days a crucial parliamentary debate on whether bank depositors on the Mediterranean...

    Tags: Politics, Big 3 Auto Bailout (2008), Parliament, Elections, European Union

    11. Feb 28, 2013 |Story| Los Angeles Times

  11. U.S. economy grew late last year, but barely

    WASHINGTON -- The U.S. economy barely grew late last year, thanks largely to a plunge in federal defense spending that in part was likely preparation for the budget cuts under the so-called sequestration.
    WASHINGTON -- The U.S. economy barely grew late last year, thanks largely to a plunge in federal defense spending that in part was likely preparation for the budget cuts under the so-called sequestration. The nation's gross domestic product, or the...

    Tags: Gross Domestic Product, Petroleum Industry, U.S. Congress, Land Price, Economic Indicator

    12. Feb 26, 2013 |Story| Los Angeles Times

  12. Bernanke warns Congress that budget cuts pose danger [Updated]

    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke warned Tuesday that the upcoming budget cuts under the so-called sequestration would create a "significant" burden on an economy that is growing only moderately.
    This post has been updated, as indicated below.
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke warned Tuesday that the upcoming budget cuts under the so-called sequestration would create a "significant" burden on an economy that is growing only moderately. In his semi-annual economic report...

    Tags: Politics, Bonds, Central Bank, U.S. Congress, Bob Corker

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European Debt Crisis Photos
Cypriot security guards stand outside the parliament bu...
(March 18, 2013)
Cyprus Bailout Deal Raises Fears For Eurozone
The sovereign debt crisis worsened as economic pain spr...
(July 19, 2012)
European debt crisis