eurozone

Will China Help Save Europe?

There’s been a lot of talk this week in China about whether it should swoop in to save the eurozone. Loading up on Italian debt is one possibility, which could keep Europe’s overall bailout tab in check and boost market confidence. Another idea is to create an EU-China bond. Unlike an EU-only bond (a concept that hasn’t gained traction …

Will Italy Bring Down the Eurozone?

Forget Greece. The biggest question mark in the never-ending eurozone debacle is now Italy.

European markets have been getting slammed over fears that Italy may be the next domino to fall. But why is Italy — whose debt problems have until now been on the back-burner — suddenly feeling the heat? First, eurozone finance ministers have …

More Greek Drama: Who’s Paying the Price?

The rumors about Greece’s second bailout, worth €60 billion ($86 billion), won’t go down easy in Germany, where taxpayers are particularly outraged at the idea of shelling out more hard-earned cash for the sake of Greek salvation. So German officials are pushing for something a bit more politically palatable: getting Greece’s …

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