Spain Debt Crisis

The Atlantic: Spain 'Beyond Doomed'

The Atlantic | Posted 04.28.2013 | Canada Business

Spain is in a great depression, and it is one of the most terrifying things I have ever seen. Five years after its housing boom turned to bust, Spa...

Eurozone Gets New Bailout Fund

CBC | Posted 12.08.2012 | Canada Business

A new permanent bailout fund for the eurozone will come in to force later Monday at a meeting of eurozone finance ministers in Luxembourg. ...

This Canadian Billionaire Is Now Working To Break Up The Euro

The Huffington Post Canada | Daniel Tencer | Posted 08.14.2012 | Canada Business

After dropping hints about it for a year, Frank Stronach, the billionaire founder of auto parts maker Magna International, is launching a political pa...

Europe Faces Breaking Point As Even Stronger Economies Slow

CP | Robert Barr, The Associated Press | Posted 10.08.2012 | Canada Business

LONDON - Europe's biggest economies are showing increasing signs of weakness, a sign that the struggles of their heavily-indebted neighbours are sprea...

Spain's Borrowing Costs Nearly TRIPLE

CP | Daniel Woolls, The Associated Press | Posted 08.26.2012 | Canada Business

MADRID - Spain's borrowing costs soared in a pair of short-term auctions Tuesday as investors worried that the country would not be able to manage an ...

The $100-Billion Bailout?

CP | The Associated Press | Posted 08.09.2012 | Canada Business

STOCKHOLM - Sweden's prime minister says there is widespread European agreement that Spain needs to ask for outside help to try to prop up its ailing ...

Eurozone Unemployment At Record High

CP | The Associated Press | Posted 08.01.2012 | Canada Business

BRUSSELS - Unemployment across the 17 countries that use the euro stayed at 11 per cent in April — the highest level since the single currency was i...

Panic Mounts Around Spain's Debt Crisis

CP | Ciaran Giles, The Associated Press | Posted 06.15.2012 | Canada Business

MADRID - The interest rate on Spanish government bonds rose sharply on Monday, a sign that investors are becoming more worried about the country's abi...

IMF Seeks New Tools To Fend Off Euro Crisis

CP | Gabriele Steinhauser, The Associated Press | Posted 12.05.2011 | Canada Business

BRUSSELS - The International Monetary Fund, a key player in eurozone bailouts, on Wednesday pushed for radical changes in the way the region's debt cr...

Flaherty: Market Meltdown Will Be Averted

CP | Posted 10.08.2011 | Canada Business

OTTAWA - North American markets are likely to face more selling pressure today following a downgrade in the United States' credit rating and a worseni...

Debt Crisis Moves Back To Europe As Spain's Borrowing Costs Soar

CP | Posted 10.04.2011 | Canada Business

MADRID - Spain was forced to pay sharply higher interest rates in a pair of bond auctions, reflecting raised investor fears over the country's ability...

Unemployment-Ridden Spain Heads For Possible Debt Downgrade

CP | Posted 09.28.2011 | Canada Business

MADRID - Moody's warned on Friday that it may downgrade Spain's credit rating over the coming three months given the country's weak economic growth pr...