Eurozone http://nhpr.org en The Effects Of European Uncertainty http://nhpr.org/post/effects-european-uncertainty <p>The European economy has been struggling for the past half-decade, now the latest trouble comes from Cyprus. Although tiny in size, many worry that its problems will spill over to larger countries and even across the Atlantic to the United States.&nbsp; We’ll look closer at what’s happening and whether we’ll feel an impact in New Hampshire.</p><p></p><p></p><p><strong>Guest:</strong></p> Wed, 03 Apr 2013 13:00:00 +0000 Laura Knoy 24855 at http://nhpr.org The Effects Of European Uncertainty Spain's Leader Calls It A 'Victory,' Not A Bailout http://nhpr.org/post/spains-leader-calls-it-victory-not-bailout A day after getting approval for a financial rescue he vowed Spain would never need, Prime Minister Mariano Rajoy said it was his idea all along.<p>"No one pressured me into this. I pushed for it myself, because I wanted a line of credit," Rajoy said. He refused to call it a "bailout." He called it a "victory" instead.<p>Most Spaniards don't buy that. In a poll published Sunday, 78 percent of respondents said they have "little or no" faith in Rajoy and his ruling conservatives. Mon, 11 Jun 2012 20:44:00 +0000 6639 at http://nhpr.org Spain's Leader Calls It A 'Victory,' Not A Bailout Spain Scrambles To Avoid A Financial Bailout http://nhpr.org/post/spain-scrambles-avoid-financial-bailout Spain's Prime Minister Mariano Rajoy visited Poland last week and tried to assure international markets that Spain would not join the list of European nations needing a bailout.<p>"Spain will not be rescued," he said at a news conference. "It's not possible to rescue Spain. Wed, 18 Apr 2012 21:54:00 +0000 Lauren Frayer 3220 at http://nhpr.org Spain Scrambles To Avoid A Financial Bailout Why The Eurozone Crisis Matters To New Hampshire's Economy http://nhpr.org/post/why-eurozone-crisis-matters-new-hampshires-economy To people not directly involved in fixing, analyzing, or monitoring the <a title="Timeline: The unfolding eurozone crisis " href="http://www.bbc.co.uk/news/business-13856580" target="_blank">Eurozone crisis</a>, it can take on the character of black magic.  And it’s easy to think that the dark arts of the European Central Bank’s low-interest lending initiatives, national bond auctions, and bailout talk have little bearing on our daily lives.<p>In fact, they very much matter.<p>Economists say Europe’s ongoing sovereign debt difficulties could very well plunge the continent into a double-dip rec Thu, 12 Apr 2012 14:00:18 +0000 Amanda Loder 3077 at http://nhpr.org Why The Eurozone Crisis Matters To New Hampshire’s Economy http://nhpr.org/post/why-eurozone-crisis-matters-new-hampshire-s-economy <p>To people not directly involved in fixing, analyzing, or monitoring the <a href="http://www.bbc.co.uk/news/business-13856580" target="_blank" title="Timeline: The unfolding eurozone crisis ">Eurozone crisis</a>, it can take on the character of black magic.&nbsp; And it’s easy to think that the dark arts of the European Central Bank’s low-interest lending initiatives, national bond auctions, and bailout talk have little bearing on our daily lives.</p><p>In fact, they very much matter.</p> Thu, 12 Apr 2012 04:00:00 +0000 Amanda Loder 30572 at http://nhpr.org Why The Eurozone Crisis Matters To New Hampshire’s Economy Greek Bailout Fuels Rise Of Extreme Politics http://nhpr.org/post/greek-bailout-fuels-rise-extreme-politics With Greece entering its fifth year of recession and dealing with harsh austerity measures imposed as part of a eurozone bailout deal to save it from default, its society is in upheaval. Opinion polls suggest the old political system is collapsing, and extremist parties are gaining popularity ahead of spring elections.<p>At a recent protest in Athens, a large bronze bell tolled as thousands of policemen in full uniform marched solemnly through the streets. Mon, 19 Mar 2012 08:29:00 +0000 Sylvia Poggioli 2590 at http://nhpr.org Greek Bailout Fuels Rise Of Extreme Politics The European Central Bank, As Seen From A Bar On The Coast Of Spain http://nhpr.org/post/european-central-bank-seen-bar-coast-spain "I have a little bar. A drinks bar," says Chadd Ritenbaugh. His bar is called El Catalonia. It's in the port of Marbella, on the Spanish coast. <br /> <br /> "Just sun, sand, and sea," he says. "It's just kind of empty at the moment."<br /> Thu, 08 Mar 2012 05:01:00 +0000 2392 at http://nhpr.org The European Central Bank, As Seen From A Bar On The Coast Of Spain Uncertainty Looms As Greek Debt Deadline Nears http://nhpr.org/post/uncertainty-looms-greek-debt-deadline-nears Stock prices rebounded somewhat Wednesday, one day after their biggest sell-off of the year. What caused prices to plunge Tuesday was an all-too-familiar problem: the Greek debt crisis.<p>European officials have cobbled together a deal to keep Greece from defaulting, and investors all over the world who hold Greek bonds are weighing their options. They're worried about what could happen if they reject the deal.<p>"There's an offer on the table, and the bondholders have been given a deadline," says Richard Portes, professor of economics at the London Business School. Wed, 07 Mar 2012 22:37:00 +0000 Jim Zarroli 2376 at http://nhpr.org Uncertainty Looms As Greek Debt Deadline Nears IMF Chief Christine Lagarde: The European Union Is 'A Work In Progress' http://nhpr.org/post/imf-chief-christine-lagarde-european-union-work-progress On tonight's <em>All Things Considered</em>, NPR's Robert Siegel talks to the chief of the International Monetary Fund Christine Lagarde.<p>Naturally, Robert focused his interview on Greece, which has been engulfed in a debt crisis that has threatened its membership in the European monetary union. Tue, 28 Feb 2012 21:03:00 +0000 Eyder Peralta 2198 at http://nhpr.org IMF Chief Christine Lagarde: The European Union Is 'A Work In Progress' Bailout Talks Reopen Wounds In One Greek Village http://nhpr.org/post/bailout-talks-reopen-wounds-one-greek-village Europe is still a continent that looks over its shoulder at a long and sometimes dark past. That extends even to the protracted Greek bailout negotiations, where Germany's dominant role has scratched at some historical wounds.<p>Germany occupied Greece during World War II, committing atrocities that some older Greeks can't forget. This history defines the pretty village of Distomo in central Greece, where Nazi soldiers killed 218 men, women and children in June 1944.<p>Panagiotis Sfountouris, 74, says he'll never forget that day. Tue, 21 Feb 2012 09:00:00 +0000 Joanna Kakissis 2020 at http://nhpr.org Bailout Talks Reopen Wounds In One Greek Village Portugal Plays By The Rules, But Economy Slumps http://nhpr.org/post/portugal-plays-rules-economy-slumps The eurozone crisis has focused attention on debt-burdened Greece spiraling into decline. Meanwhile, Portugal is seen as the international creditors' poster-child for obediently slashing spending and welfare benefits.<p>Nevertheless, the Portuguese national debt continues to grow, and the country is mired in recession and soaring unemployment.<p>The Portuguese national character has long been identified with Fado music. Mon, 20 Feb 2012 19:58:00 +0000 Sylvia Poggioli 2026 at http://nhpr.org Portugal Plays By The Rules, But Economy Slumps Europe Wants Assurances For Latest Greek Bailout http://nhpr.org/post/europe-wants-assurances-latest-greek-bailout The European Union says Greece has made some progress, but not enough, to merit the new bailout it desperately needs to avoid default and keep the euro as its currency.<p>Greeks are increasingly bitter about the austerity measures the EU is imposing on them. Wed, 15 Feb 2012 22:55:00 +0000 Eric Westervelt 1959 at http://nhpr.org Europe Wants Assurances For Latest Greek Bailout How A European Recession Could Hurt Key Export States–Including NH http://nhpr.org/post/how-european-recession-could-hurt-key-export-states%E2%80%93including-nh <p>Recently, Wells Fargo Securities released a short <a href="https://www.wellsfargo.com/downloads/pdf/com/research/special_reports/States-with-European-Exposure_11142011.pdf" target="_blank" title="U.S. States with Exposure to a European Recession">report</a> offering a state-by-state look at the places that could be hardest-hit by a potential European recession.&nbsp; Since New Hampshire has carved out a healthy niche for itself in the high-tech components export market, we thought this report might be of interest to our StateImpact readers.</p> Wed, 07 Dec 2011 19:13:00 +0000 Amanda Loder 840 at http://nhpr.org How A European Recession Could Hurt Key Export States–Including NH