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    • debt crisis news

    Finally, European debt crisis goes to the polls

    18.05.12

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    Source: Christian Science Monitor

    Debt crisis in Europe pushes mortgage rates to new lows

    18.05.12

    Mortgage rates reached new lows this week, amid concerns over the debt crisis in Europe.

    The 30-year fixed-rate mortgage fell 1 basis point to 4.09 percent. A basis point is one-hundredth of 1 percentage point.

    The 15-year fixed-rate mortgage fell 4 basis points to 3.28 percent, the same as last week. The average rate for 30-year jumbo mortgages, or generally for those of more than $417,000, was 4.61 percent, unchanged from last week.


    Source: Sioux City Journal

    Europe debt crisis: a blow to the wind industry

    18.05.12

    LONDON (MarketWatch)—Economic turmoil in the euro zone has left the wind-power industry struggling for growth in the once prosperous southern European market as governments cut renewable-energy subsidies in an effort to rein in debt.

    A planned phaseout of nuclear power in Germany, however, is providing industry players with reasons to hope for growth to the north.


    Source: MarketWatch

    debt crisis about


    Debt crisis signals need to stop spending
    Arizona Daily Wildcat - Apr 27, 2011 Debt crisis signals need to stop spending Geithner can't even bring himself to give specifics on how much he thinks the debt limit should be raised. In terms of political calculation, it's probably preferable to get closer to the crisis before taking action. Both sides want as much time as

    Rehn warns against debt rearrangement as solution to euro zone debt crisis
    Helsingin Sanomat - Apr 27, 2011 Rehn warns against debt rearrangement as solution to euro zone debt crisis The European Commissioner for Economic and Monetary Affairs has warned against suggestions of renegotiating debts of the crisis countries of the euro zone. Speaking in Helsinki on Tuesday, Rehn said that debt rearrangements would be a major risk for

    ECB's Estonia Central Bank: Euro-Zone Debt Crisis Worsening
    NASDAQ - Apr 27, 2011 FRANKFURT -(Dow Jones)- The euro-zone's debt crisis has "deteriorated" in some member states, and "rapid" commodity price inflation must not be allowed to filter through to wages, Estonia's central bank, whose Governor Andres Lipstok sits on the

    Balanced Budget Amendment Needed to Fix National Debt Crisis
    U.S. News & World Report - Apr 25, 2011 Fourteen years later, our nation is facing a debt crisis of epic proportions. Our national debt has gone from roughly $5 trillion in 1997 to over $14 trillion today. That's more than $45000 for every man, woman, and child in America.

    CURL: Consequences of debt crisis aren't too dire for our leaders
    Washington Times - Apr 24, 2011 CURL: Consequences of debt crisis aren't too dire for our leaders Just how dire is the crisis over the $14294000000000 debt ceiling, which America will hit on about May 16? So dire that President Obama spent much of last week traipsing across the West collecting campaign cash (and hit the golf course