Debtcrisis

Eurozone mulls Greek debt buyback as part of bailout

Under current projections, Greek debt is expected to be about 145 percent in eight years' time, meaning measures totalling around 25 percentage points of GDP, or 50 billion euros, are needed to get Greece back on track.

S&P achieves what QE2 could not - lower bond yields

The S&P downgrade has been good for the US. It has managed to lower long-bond yields, which was the purpose behind the US Fed's quantitative easing policies.

Good morning Britain: After Olympics you still have money problems

The Olympics have done much to feed illusions that borrowing and spending could continue as before, and be stepped up too, as though the net debt wasn't rising.

Germany should support common banking union: Deutsche Bank

Deutsche Bank co-chief executive Fitschen's criticism was aimed at smaller German savings and cooperative banks which have argued they should not fall under the umbrella of a European supervisor

What's common between Spain and a bad mortgage?

The clock is ticking for the country, which is finding fewer and fewer buyers for its debt, sold on the market as bonds.Investors are fretting over whether Spain will be able to repay its loans, and the country could end up being shut out of vital international debt markets.

ECB keeps rates unchanged, policy measures eyed

Any sign that Draghi overplayed his hand when he made the bold pledge a week ago could see markets punish the eurozone

Near-bankrupt Greece running out of cash

Greece's European partners have repeatedly promised the country will be funded through August, when it must repay a 3.2 billion euro bond, but the details of the funding have yet to be disclosed.

Draghi under pressure to deliver on pledge to save euro

European Central Bank President Mario Draghi must back up his pledge to do what it takes to protect the euro when the bank's policymakers meet on Thursday or else face deep disappointment from investors hungry for - and expecting - immediate action.<br /><br />

EU Summit: Leaders agree to keep debt-ridden banks afloat

After tough all-night bargaining, European leaders appeared to salvage what had seemed to be a summit teetering toward failure by agreeing early Friday to use the continent's bailout fund.

Spain: No international bailout needed

Worries about Spain's ability to repay its debt grew last week when the country agreed to accept a eurozone loan of up to 100 billion to shore up its ailing banks, which are sitting on massive amounts of soured real estate investments.