Europe’s mortgage rates could be on path to hit a historic low, as the region does what it can to save the Euro during the Euro debt crisis.
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Germany, France Come Up With Plan To Handle Europe’s Debt Crisis
EconomyChancellor Angela Merkel of Germany and President Nicolas Sarkozy of France have stuck an agreement that preserves budget discipline, which they anticipate will help get a handle on the Euro debt crisis. The two country leaders will present the plan to EU leaders.
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Will there be a double-dip recession?
EconomyThe Independent wrote a commentary on Sunday on the likelihood of a double-dip recession.
Ireland’s loan costs start climbing again
EconomyAs reported in the Irish Times, Ireland loan costs are rising again due to the further deepening of the Eurozone debt crisis.
IMF welcomes banking stress tests
EconomyThe International Monetary Fund (IMF) has welcome the recent European banking stress tests in a press release dated found here.
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Euro Crisis Continues: Eight Banks Fail Stress Tests
EconomyEight of 90 banks this week failed a banking stress test, having a combined shortfall of €2.5 billion.
Deepening of Euro financial crisis may hit Ireland
NewsEconomists have warned a deepening of the Euro debt crisis could hurt the Irish economy.