Eurozone crisis

The news agency Bloomberg with a short animated film, explains the reasons that led to the economic crisis outburst in Eurozone with disastrous consequences for Greece, Ireland, Portugal and Spain. The news agency thoroughly describes how the crisis started. In...

In a 1,975 word article entitled, Orphans of the EU Meltdown, written by Ian Birrell, the Daily Mail tries to describe the “shocking picture that shows how middle class parents in Greece are dumping their children in orphanages so...

The European Central Bank should do more to stem the crisis in the Eurozone because current financial entities are not sufficient, the Secretary-General of the Organisation for Economic Cooperation and Development (OECD) said on Sept. 2. "If you have the...

European finance ministers are discussing how to tackle Europe's sovereign debt and banking crisis during a two-day meeting in Luxembourg.   The talks begin a series of critical economic meetings. The eurozone finance ministers have plenty on their plate in talks...

The wistfulness in the voice of George Kapetanios is heart-warming and an increasingly familiar tone for Greek families at home and in cities all over Europe and the world these days, Reuters reported. Put out of business by a shrinking...

Greek bondholders are set to accept higher losses as the contentious negotiations over a writedown of Athens’ debt burden come to a head in the next week, according to the Financial Times. People involved with the discussions about so-called private...

During his official visit to the UK, the Turkish President Abdullah Gül referred to the prospect of Cyprus taking over the rotating presidency of the EU next year as "half a country" leading a "miserable union". According to Reuters, the...