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europe's woes put a drag on world growth
washington - the eurozone debt crisis is intensifying a global slowdown, with new signs that even powerhouse germany...europe: the north vs. the south...the new civil war?
it's common knowledge that europe is mired in an economic slump of significant global importance. equally important is the path their leaders adopt to place the eu on solid financial footing. although one cause of this malaise is the junk-debt exported from the u.s. during the financial crisis, there is much more to the story. in fact, when you peel back the layers of the proverbial onion, ...europe's crisis threatens to kill global economic recovery, experts warn
unless leaders in europe act quickly, the financial crisis there could drag down the global economy and kill what appears to be a "fragile, extremely uneven" recovery, the organization for economic cooperation and development warns.europe’s maquina infernal has crippled spain
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