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New Proposal Suggests Making Bailouts Profitable For Everyone
Monday, July 22, 2013 - 8:01am | 291Read More...The euro traded at $1.31 on Monday morning as Portugal worked to calm markets by easing some of its political tension. After some high ranking government officials resigned due to a dispute among the coalition members, the nation's government has been holding together by a thread. The instability...
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Welcome Back to the European Debt Crisis
Wednesday, July 3, 2013 - 10:59am | 850Read More...Greece's government is failing to make the cuts to get its next bailout payment. A key Italian politician faces jail time for having sex with and refusing to pay an underage prostitute. Portugal's government is on the verge of collapsing, risking the sustainability of its bailout reforms. And...
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Portugal PM Says Bailout Would Hurt Euro, Portugal
Tuesday, April 5, 2011 - 8:49am | 160Read More...Portugal's outgoing Prime Minister, Jose Socrates, says accepting a bailout from either the European Union or the International Monetary Fund will harm, not help, the Portuguese people, as well as the euro. Socrates, who resigned after parliament could not agree on budget cuts, is currently...
