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Euro Crisis

Photograph by Louisa Gouliamaki/AFP/Getty Images (L) -- Kostas Tsironis/Bloomberg (R)

Photograph by Louisa Gouliamaki/AFP/Getty Images (L) -- Kostas Tsironis/Bloomberg (R)

The Changing Face of Europe: Stournaras vs Rapanos

This is an occasional series on who is losing their job amid the European debt crisis, and who is replacing them. IN: Yannis Stournaras is Greece’s new finance minister – appointed after his predecessor resigned less than a week into...

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Photograph by Alessia Pierdomenico/Bloomberg

Photograph by Alessia Pierdomenico/Bloomberg

EU Shoppers See Neighbors’ Purchasing Power Grow

Consumers in the periphery of the euro zone have been slowly squeezed since the introduction of the euro. Prices consumers pay in peripheral nations are getting higher in relation to labor costs compared with countries including Germany. Prices in Germany...

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Photograph by David Ramos/Getty Images

Photograph by David Ramos/Getty Images

ECB’s Legacy of Low Inflation May Be Eroded by Higher Sales Tax

The former president of the European Central Bank, Jean-Claude Trichet, never tired of repeating at the ECB press conferences that the bank had achieved wonders in terms of price stability in the euro zone – keeping inflation at or below...

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Cyprus President Demetris Christofias

Photograph by Alex Mita/AFP/Getty Images

Cyprus President Demetris Christofias

Cyprus Looks for Best Bailout Options – Takes Trip to China

Cypriot hoteliers and restaurateurs may be adding Chinese to their menus in coming years. The government of Cyprus is considering the Chinese option as it looks for the best bailout for the eastern Mediterranean island’s banks after Greek investments soured....

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Photograph by Jock Fistick/Bloomberg

Photograph by Jock Fistick/Bloomberg

Merkel May Need to Say What ‘More Europe’ Means

As eyes turn toward the European Union summit meeting on June 28-29 in Brussels, there are two approaches being taken by those attending. Italy’s Mario Monti is stoking the view that the EU must produce a blueprint for tighter fiscal...

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Photograph by Harrison Eastwood/Getty Images

Photograph by Harrison Eastwood/Getty Images

How Much Will Spanish Borrowers Pay Back to the Banks?

Spanish banks will be back in the limelight tomorrow, when the two auditors charged with assessing the capital needs of Spain’s banks, Oliver Wyman Ltd. and Roland Berger Strategy Consultants, are expected to publish the conclusion of their stress tests....

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