Spanish yields spike as crisis exits blocked (Reuters)

24 November, 2011 (04:35) | great | No comments

MADRID/BERLIN (Reuters) ? Spain’s short-term borrowing costs hit a 14-year high on Tuesday as political uncertainty over a solution to the euro zone’s sovereign debt crisis hit another vulnerable southern European economy. European Union paymaster Germany continues to block the two most widely-touted exit routes from a deepening crisis that is shaking the world economy [...]

Franco-German split over bailout fund threatens crisis (Reuters)

23 October, 2011 (01:10) | great | No comments

BRUSSELS/BERLIN (Reuters) ? Deep divisions between France and Germany mean they will make scant progress on strengthening the euro zone bailout fund at a summit on Sunday in a sign that Europe’s leaders are still some way from getting a grip on the bloc’s debt crisis. France and Germany said in a joint statement that [...]