Greece Archives - Page 2 of 8 - The Delaware Gazette

US stocks fall as Europe doubts bubble to surface

Fear of European debt is once again playing havoc with Wall Street.

May 9 2012 | Posted in AP News | Read More »

Europe’s bad mood: Does Obama need to worry?

WASHINGTON — The elections that drove Nicolas Sarkozy out of power in France and left Greece scrambling to build a coalition government pose a financial threat to the United States that could undermine President Barack Obama’s efforts to cast himself as the agent of a U.S. economic revival.

May 8 2012 | Posted in AP News | Read More »

Recent economic developments raise worldwide caution flags

Late last week and over the weekend, a flurry of developments related to the near and longer term economic outlook took place, most of which could be a cause for concern.

May 8 2012 | Posted in Jim Newton | Read More »

Austerity now dirty word in Europe, but what next?

PARIS — The day after Francois Hollande rode to power in France on a slogan of “change now,” the conversation in Europe was already different Monday: Austerity had become a dirty word.

May 7 2012 | Posted in AP News | Read More »

France gets new leader, Europe new direction

PARIS — France handed the presidency Sunday to leftist Francois Hollande, a champion of government stimulus programs who says the state should protect the downtrodden — a victory that could deal a death blow to the drive for austerity that has been the hallmark of Europe in recent years.

May 6 2012 | Posted in AP News | Read More »

Europe’s economic woes may wash up on America’s shores

Europe is economically big — very big. The 17 nation euro-zone is approximately equal to the size of the U.S. economy (depending upon how valuations are calculated in terms of currency conversions), and the more comprehensive 27 nation European Union (EU) is even bigger still. Given the tremendous economic interdependencies among countries of the world, when an economy as large as either of the above entities begins to experience significant economic problems, it is just a matter of time until those difficulties will be transmitted to the rest of the world.

Apr 24 2012 | Posted in Jim Newton | Read More »

Europe’s debt fix falters, rattling markets

FRANKFURT, Germany — Europe’s plan to fix its debt crisis by imposing budget cuts frayed Monday. Heavy selling rocked financial markets, uncertainty gripped two governments, and the economic outlook darkened across the continent.

Apr 23 2012 | Posted in AP News | Read More »

Worst loss for Dow this year as stocks slump again

NEW YORK — The stock market suffered its worst loss of the year Tuesday because of uncertainty about coming corporate earnings reports and concerns that the borrowing costs of Spain are creeping close to a crisis level.

Apr 10 2012 | Posted in AP News | Read More »