K2 Radio » Debt Crisis

Markets Remain Cautious As Europe Remains Focus

Associated Press — Mon, 09 Jan 2012 16:18:53 +0000

LONDON (AP) — Stock markets in Europe and the U.S. fell Monday as attention switched back to Europe's often-stumbling efforts to get a handle on its debt crisis.

A warning from Germany's leader that Greece may not get its next batch of bailout cash reinforced concerns that Europe has a long way to go before it can claim to have got the confidence of markets

Markets Fall As Mood Darkens Over EU Crisis Pact

Associated Press — Mon, 12 Dec 2011 12:40:38 +0000

PARIS (AP) — Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient.

Markets had rallied on Friday, when the European Union adopted a new fiscal pact meant to prevent a repeat of the financial fiasco that is now sweeping across countries that use the euro

Oil Prices Waver As EU Closes In On New Treaty

Associated Press — Fri, 09 Dec 2011 18:08:27 +0000

NEW YORK (AP) — Oil prices wavered between small gains and losses Friday as the European Union moved closer to a plan that promises to fix the eurozone debt crisis.

Benchmark crude rose 15 cents to $98