Business

After Greek Election Results, How Much Longer Will Greece Stay in the Euro Zone?

After Greek Election Results, How Much Longer Will Greece Stay in the Euro Zone?

Over 60% of Greek voters said no to austerity measures by the EU and the IMF in the last elections. What does that mean?

  • 6
  • 14 Comments
  • 29 Shares
Euro Crisis: Is Austerity Ending? "Nein!" Says Germany

Euro Crisis: Is Austerity Ending? "Nein!" Says Germany

As the rhetoric against austerity became increasingly intense, the euro zone should revise its austerity policy to tackle its long-run issues ... such as skyrocketing unemployment.

  • 6
  • 6 Comments
  • 19 Shares
Cyprus Bank Crisis: The 2 Biggest Lessons For the U.S.

Cyprus Bank Crisis: The 2 Biggest Lessons For the U.S.

The global economy might be at risk as Cyprus struggles with their banking crisis. Big government is to blame, not capital mobility and economic freedom.

  • 2
  • 1 Comments
  • 13 Shares
IMF Chief Christine Lagarde Says it's Time For Greece to Pay

IMF Chief Christine Lagarde Says it's Time For Greece to Pay

β€œIt is time for a Greek payback,” proclaimed Ms. Lagarde, the Managing Director of the IMF last week in her interview for the Guardian. This diplomatic gaff caused a chain-reaction in Europe.

  • 10
  • 5 Comments
  • 13 Shares
Cyprus Bailout: Understanding this Euro Zone Crisis, in a Nutshell

Cyprus Bailout: Understanding this Euro Zone Crisis, in a Nutshell

What's included in the bailout deal? Its a fiasco for Cyprus and the euro zone, but will it cause further global economic instability to the U.S.?

  • 2
  • 3 Comments
  • 10 Shares
Bank of Cyprus Wealthy Depositors May Lose Up to 60% of Savings, But They Aren't all Russians

Bank of Cyprus Wealthy Depositors May Lose Up to 60% of Savings, But They Aren't all Russians

While much of the discussion regarding the Cyprus deal has been about Russian tax evaders, many forget the struggle of business-owners, service-providers, and job-creators.

  • 2
  • 0 Comments
  • 10 Shares
7 Euro Zone Countries That Could Spark the Next Financial Crisis

7 Euro Zone Countries That Could Spark the Next Financial Crisis

The latest Euro zone nation to undergo a financial crisis, Cyprus, has raised question about offshore banking and money laundering. But Cyprus is far from the only country in trouble.

  • 2
  • 0 Comments
  • 10 Shares
Unemployment Rate 2012: Euro Zone Unemployment Hits Record High

Unemployment Rate 2012: Euro Zone Unemployment Hits Record High

Unemployment in the euro zone steadily rising and hitting new records. The EU unemployment rate in August was 11.4%, a 17-year high.

  • 3
  • 3 Comments
  • 9 Shares