Egan-Jones' downgrade du jour: France
Another day, another downgrade in Euroland. Egan-Jones lowered France's credit rating one notch to "BBB" from "A" on Thursday. The ratings agency pointed to France's rising debt and slowing economic...
View ArticleGermany and France tout growth pact
It's not eurobonds, but the leaders of France and Germany do agree on one thing. French President Franςois Hollande and German Chancellor Angela Merkel both talked up the so-called growth pact that...
View ArticleEurope is not fixed. Not by a long shot.
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, and Abbott Laboratories, La Monica does not own positions in any...
View ArticleEurozone nearing another recession
The eurozone economy continues to limp toward another recession as business activity stagnates, according to data released Thursday. A key manufacturing index showed activity across the eurozone...
View ArticleSoros to Germany: Be part of the solution, or leave
Billionaire financier and political activist George Soros said Germany should lead the European Union in a different direction, or be persuaded to leave the euro currency so other nations can move...
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