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Pressure on Greece mounting...
The German interior minister, Hans-Peter Friedrich, has said that Germany is actually prepared to come to the aid of Greece but only if they agreed to help themselves by honouring the agreements set f...
New fears that Spain is succ...
Although there has been some degree of progress in both Greece and Italy, it is feared that Spain will be the next sovereign nation in the EU to succumb to the debt crisis. Around the world markets be...
IMF Proposal for Increased B...
Plans proposed by the International Monetary Fund (IMF) and European government leaders for a larger bailout fund are expected to be backed by G20 finance ministers, during a summit in Paris this Satu...
European Banks May Need to C...
After a recent proposal made by Europe’s banking industry regulator, the European Banking Authority (EBA), banks may need to raise an accumulative €200 billion to boost capital reserves in o...