Eurozone
  • Eurozone Rescue Fund May Reach $2 Trillion

    By The Fiscal Times Staff

    Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further...

  • European Banks' Heavy Losses

    By STEVE SLATER and LIONEL LAURENT, Reuters

    The scars of Greece's debt crisis were laid bare in heavy losses from a string of European banks on Thursday, and bosses warned the region's precarious finances would continue to threaten economic...

  • Eurozone Headed for Recession

    By Robin Emmott, Reuters

    The euro zone's economy is heading into its second recession in just three years, while the wider European Union will stagnate, the EU's executive said on Thursday, warning that the currency area has...

  • Dow 13,000: How High Will It go?

    By Suzanne McGee, The Fiscal Times

    Major U.S. stock market indexes are starting to bear an uncanny resemblance to the Energizer bunny: They just keep going and going and going – going higher, that is. A morning rally pushed the Dow...

  • Deal Reached on Second Greek Bailout Package

    By Reuters

    Euro zone finance ministers struck a deal early on Tuesday for a second bailout program for Greece that includes new financing of 130 billion euros and aims to cut Greece's debt to 121 percent of GDP...