Thursday, November 18, 2010

Financial Crisis News Updates -- November 18, 2010

Ireland is under intense pressure to request aid over its debt crunch, which is spreading to other parts of the eurozone. Photograph by: Cathal McNaughton Reuters, London Daily Telegraph

As Europe Frets, Greece Flops -- Global Post

How corruption in Greece prolongs its recession, which is pushing a continent to the brink.

ATHENS, Greece — Sixteen European finance ministers meet in Brussels to address problems in Ireland.

Markets tumble following worry that the crisis in the eurozone could spread as far as Spain.

But here's why everyone's eyes should still be on Greece, which a year ago sparked the European debt crisis by revealing its budget deficit was more than double projections.

Read more ....

More News On Europe's Financial Crisis

Greece unveils austerity budget -- BBC
Greece unveils more cuts in 2011 budget -- AP
Greece Reaches Agreement With Lenders on Budget -- Wall Street Journal
Greece pledges more cuts to meet bailout targets in '11 -- Reuters

Building a Firewall in Ireland -- Wall Street Journal
Euro Advances for Second Day on Optimism Debt Problems Will Be Contained -- Bloomberg
Irish Officials Acknowledge Need for Aid in Debt Crisis -- New York Times
Ireland in talks over multi-billion loan -- The Independent
International Officials Examine Irish Debt Crisis -- NPR (Audio)
Geithner says Europe can survive euro crisis -- Xinhuanet
Eurozone debt crisis keeps investors nervous -- Financial Times
Irish debt talks continue in hopes of avoiding broader euro crisis -- Washington Post

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