COPENHAGEN, Denmark — The 17 countries that use the euro will put up €500 billion ($670 billion) in fresh money to help countries with debt troubles — a big increase from the previous €300 billion limit, but unlikely to calm concerns that large countries like Spain or Italy will not be protected if they run into trouble. [...]
Tag Archives: european crisis
Why the Latest Euro Zone Debt-Crisis Agreement Shows How Europe Just Doesn’t Get It
I just landed in Rome for some on-the-ground reporting on the latest twists and turns in the euro zone debt crisis, and I immediately got some sound insights from our reporter here, Stephan Faris. Stephan watches the situation in Italy more closely than I do, and he makes the point that Rome simply would not [...]