europe debt crisis dragging world economies downnew data show the eurozone woes intensifying a global slowdown, with signs that even germany, china and other pillars of growth are in trouble. washington - the eurozone debt crisis is intensifying a global slowdown, with new signs that even powerhouse germany may be faltering, adding to worries about china and other major pillars of economic growth.why europe's austerity regime won't changeeurope needs more economic growth--but that costs money nobody's willing to spend.europe's leaders to tackle growth at summitthe leaders of the 27 countries that make up the european union are to meet in brussels wednesday to try and find a way to keep the debt crisis in europe from spiraling out of control and promote jobs and growth.europe needs deposit insurance scheme, economist rajan sayseurope needs an insurance plan for bank deposits that goes beyond national borders to head off bank runs fueled by fears of a change in currency, university of chicago economist raghuram rajan said tuesday. |
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