Greece secures biggest debt deal in history
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 8 MONTHS AGO
European leaders reach agreement on Greece bailout
BRUSSELS - After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece 130 billion Euros in additional bailout loans to save it from a potentially disastrous default next month.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 8 MONTHS AGO
War of words over Greek debt heats up
ZURICH - The war of words between Europe and private investors heated up Tuesday as talks to reduce Greece's massive debt burden hit an impasse.
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 9 MONTHS AGO
Europe forges fiscal union, sees way out of crisis
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 11 MONTHS AGO
European Union weighs greater unity to save euro
COEUR D'ALENE PRESS | UPDATED 12 YEARS, 11 MONTHS AGO
EU to force banks to raise $148 billion
BRUSSELS - Big banks across Europe will have to raise $148 billion to better withstand the turmoil of the debt crisis, preliminary figures showed, while eurozone leaders neared a deal to boost their bailout fund to over $1.4 trillion, a senior official said Wednesday.
COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO
Big banks under pressure in Europe crisis
COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO
Eurozone closer to cutting Greece's huge debts
COEUR D'ALENE PRESS | UPDATED 13 YEARS AGO
EU toughens budget rules but stalls on Greece
WROCLAW, Poland - The European Union's 27 countries overcame a year of infighting to agree Friday to tougher budget rules that make it easier to punish overspending governments, but failed to produce any new measures that might contain the debt market turmoil threatening it.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 1 MONTH AGO
8 banks flunk controversial European stress test
FRANKFURT, Germany - Eight of 90 European banks flunked stress tests projecting how they would fare in another recession, and 16 more barely passed - but analysts doubted Friday's results would succeed in restoring confidence in the continent's shaky financial sector.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 4 MONTHS AGO
Greece recommended for next batch of bailout
ATHENS, Greece - Greece is poised to receive the next installment of its bailout facility, and will likely get further rescue loans to prevent it from defaulting on its massive debts, European officials said Friday.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 5 MONTHS AGO
Relevance of G-20 threatened by fuzzy compromise
PARIS - The world's dominant economies on Saturday struck a watered down deal on how to smooth out trade and currency imbalances many say exacerbated the financial crisis, but the difficulty in getting vastly different economies like China and the United States on the same page doesn't bode well for …
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 8 MONTHS AGO
Eurozone leaders seek better coordination
BRUSSELS - Germany and France pressed weaker eurozone countries to make their economies stronger to help pull the currency union out of its financial morass and gave their approval to strengthening the bailout fund that remains the bloc's first line of defense against the crisis.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 9 MONTHS AGO
Eurozone says bailout funds enough ... for now
BRUSSELS - Top European officials insisted Monday that they have enough financial firepower right now to deal with Europe's government debt crisis - but did not rule out increasing Europe's bailout fund in the future.
COEUR D'ALENE PRESS | UPDATED 13 YEARS, 11 MONTHS AGO
