europe needs deposit insurance scheme, economist rajan sayseurope needs an insurance plan for bank deposits that goes beyond national borders to head off bank runs fueled by fears of a change in currency, university of chicago economist raghuram rajan said tuesday.europe markets: europe stocks hit by greek fears; summit loomseurope stocks trade sharply lower on wednesday, with investors in a risk-averse mood ahead of a european union summit and in the wake of comments from former greek prime minister lucas papademos regarding a greek exit from the euro.suntech says europe could deal lethal blowshanghai (reuters) - china's suntech power holdings co ltd, the world's biggest solar panel maker, said europe could follow the united states in levying punitive tariffs on chinese solar panel imports, dealing a "lethal" blow to the industry. the united states hit chinese solar companies with anti-dumping tariffs of about 31 percent last week, further denting the outlook for an industry...europe's woes put a drag on world growthwashington - the eurozone debt crisis is intensifying a global slowdown, with new signs that even powerhouse germany... |
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