Roubini: Europe Needs ‘Massive Monetary Easing’
Europe needs “massive monetary easing” to get out of its debt crisis, otherwise Greece will likely abandon the euro in a year and a half, famous economist Nouriel Roubini told CNBC on Wednesday.
Photo: Getty Images
Source: cnbc.com
Posted by cnbcIMF Aiming to Raise $500 Billion to Fight Euro Crisis
The International Monetary Fund is aiming to raise an additional $500 billion to help fight the European debt crisis, the organization said in a statement on Wednesday.
Photo: Sabine Scheckel | Image Bank | Getty Images
Source: cnbc.com
Posted by cnbcSoros Bought $2 Billion Ex-MF Global Europe Debt
About $2 billion worth of European bonds owned by MF Global were bought by billionaire investor George Soros’s family fund.
Source: Getty Images
Source: cnbc.com
Posted by cnbcWhy S&P Ratings Threats Could Help Save Europe
If European policymakers were looking for further impetus to get a workable solution in place to their debt crisis, Standard & Poor’s may have provided it.
Source: cnbc.com
Posted by cnbcEuropean Debt Crisis: You Haven’t Seen Anything Yet
Though the daily market gyrations might indicate otherwise, realization is beginning to creep in that the European debt crisis and its effect on the U.S. will not take weeks or months to unwind—but years.
Source: Getty Images
Source: cnbc.com
Posted by cnbc
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