European Debt Crisis

Europe's sovereign debt crisis threatens to unravel the single currency project. First Greece, now Ireland, have had to seek emergency bailouts, exposing political divisions between Germany, the region's economic powerhouse, and the euro area's most indebted nations. Will monetary union crumble? Can the rescue fund be made big enough to deter the bond vigilantes? Should investors steer clear of Europe's peripheral bond markets? This conference explores how U.S. investors should position themselves during Europe's crisis.

European Debt Crisis News

Romanian Leu Falls 2nd Day on Europe Debt Crisis, Interest Rates

The leu weakened for a second day on concern Europe’s debt crisis may worsen and as the Romanian central bank kept the highest interest rate in the European Union unchanged today.
Hong Kong Stocks Advance for Third Day on U.S. Data

Hong Kong stocks rose, with the city’s benchmark index rising a third day, after U.S. home prices climbed the most since 2006 and orders for durable goods beat estimates, boosting earnings prospects for Asian exporters.
Taiwan Bonds Advance on Slowdown, Rate Meeting; Currency Gains

Taiwan’s two-year bonds rose amid signs economic growth is slowing as industrial production and export orders slumped before a central bank policy meeting this week. The local dollar was steady.
India’s Rupee Drops a Second Day on Europe Debt Crisis Concern

India’s rupee weakened for a second day on renewed concern the debt crisis in Europe, the nation’s largest trading partner, will worsen.
Swedish Unemployment Gains as Europe Debt Crisis Hurts Exports

Swedish unemployment rose in December as companies cut jobs in the largest Nordic economy amid sliding exports.
Pound Favored as Haven Currency Amid Europe Debt Crisis

The British pound has become currency traders’ favorite refuge from the resurgent European debt crisis, threatening efforts by U.K. Prime Minister David Cameron to lift the economy out of its second recession in three years.
Sarkozy’s Paris Skyscraper Vision Clouded by Europe Debt Crisis

Paris’s Praetorium, a seven-story office building that opened in 2009, was hailed as the first step in President Nicolas Sarkozy’s plan to revitalize the city’s La Defense skyscraper district. Today, it’s still empty.
Treasuries Drop Before Fed Ends Policy Meeting, Europe Debt Crisis Summit

Treasuries dropped, snapping a three- day gain, before the Federal Reserve ends its two-day policy meeting amid speculation it may consider additional large-scale asset purchases.
Obama Dueling Romney With Europe Debt Crisis as the Foil

Lobbyists, special-interest groups and Wall Street typically fill out the villain list for political candidates. Now they have a new foil: Europe.
Oil Enters Bear Market on Europe Debt Crisis, Slow U.S. Economy

Oil entered a bear market in New York as it headed for the biggest monthly drop in more than three years on speculation Europe’s worsening debt crisis and a slowing U.S. economy will reduce fuel demand.

European Debt Crisis