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Visibly angered by my suggestion that the euro was an unsustainable construct, Michel Barnier, European commissioner for internal markets, insisted that not only was it perfectly sustainable, it was so manifestly desirable that within five to 10
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Topics Five-Star Movement leader and comedian Beppe Grillo gestures during a rally in Turin February 16, 2013. Italy's anti-establishment 5-Star Movement on Wednesday flatly rejected overtures from center-left leader Pier Luigi Bersani, who is trying
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Germany imposed its position at the Cyprus rescue talks but at a heavy cost to its image in Europe, where angry protesters in debt-mired states waving Nazi posters blame it for a merciless austerity drive. The tough terms of the bailout hammered out
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Reuters Cypriot bank employees march on the Parliament in Nicosia on Saturday as it considers emergency measures to rescue the economy. The financial rescue of Cyprus marks the fifth such bailout in five years. But the deal reached Monday to save
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Asian stock markets fell Tuesday as relief turned to worry over a bailout that prevents Cyprus from going bankrupt. U.S. stock markets are closing lower, hurt by worries about Europe's economy despite a bailout of Cyprus. Chairman Ben Bernanke said
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Syndicated columnist Charles Krauthammer had an interesting observation about the just-announced bailout plan of the financially troubled island of Cyprus. Appearing on Fox News's Special Report , Krauthammer joked about Apple buying the country and
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International lenders agreed early Monday on a deal to extend $13 billion in credit to financially troubled Cyprus, just hours before the Mediterranean island nation's bloated financial sector was
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is down after Cyprus secured a bailout over the weekend by agreeing downsize the country's financial sector and penalize depositors with more than 100,000 euros in their accounts...Early this morning Cyprus agreed to a deal with the European Central
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Cyprus' bailout deal is the fifth agreed on so far in the 17-strong group of European Union countries that use the euro since the debt crisis began in late 2009. Greece has received two bailout packages from its eurozone partners and the
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22am Morning Business Memo Consumers in many states may soon have to kiss goodbye to tax-free online shopping...The Marketplace Fairness Act covers brick-and mortar stores and online sites. It's not a tax, says David Korn of the National Retail
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