posted on Jul, 24 2012 @ 12:58 PM
Tue, July 24, 2012 08:26 PM
Eurozone economic news on Tuesday.
Compiled from m.guardian.co.uk...
BERLIN: The eurozone debt crisis took a fresh turn for the worse after Moody's threatened to cut Germany's coveted top credit rating amid fears the
bloc's difficulties could tear it apart.
MADRID: Spain's borrowing costs rose, heaping pressure on the government to seek outside help amid growing doubts that it can cover its debt without
an international bailout.
LONDON: Debt-laden Catalonia, the second biggest Spanish region, will ask the federal government for funds, the region's finance minister told BBC
BRUSSELS: Eurozone private sector activity contracted for the 10th time in 11 months in July, sending the rate of job losses to their highest in
two-and-a-half years, a key survey showed.
BRUSSELS: European Commission president Jose Manuel Barroso will travel to Greece to discuss the economic situation there with Prime Minister Antonis
Samaras, a commission spokesman said.
edit on 24-7-2012 by chemistry because: Clarity