Europeans Float Debt Deal to Avoid Crisis

Written by Pat's Papers | Friday, 7 September 2012 8:24 AM

The New York Times says finally, there’s a deal on the table that European investors seem to be supporting. Yesterday, the president of the European Central Bank gave the OK for the bank to buy huge amounts of government bonds, which will allow investors in troubled countries like Spain and Italy some relief. The decision means that Euro zone countries are now on the hook to pay back several national debts and perhaps a step closer to operating as a centralized unit.

SOURCE: New York Times

Tracker Pixel for Entry

blog comments powered by Disqus

Enter address below to get the morning headlines in your inbox (more details)

New on the Blog

Crowd Rules $50,000 Challenge

From now until May 27th, you can enter your business in the “Crowd Rules $50,000 Challenge.”

Favorites

U.S. Newspapers

International Newspapers

News

© 2013 - Newspat LLC - All Rights Reserved Pat's Papers is a review of content published in print and online by major news organizations.
Links to stories are provided to enable you to read the complete story and determine its accuracy.
Newspat LLC is not affiliated with the publishers of stories mentioned on Pat's Papers.
Site design and development by Hop Studios
Privacy Policy

New FTC guidelines mandate that we disclose seemingly obvious advertising relationships.
The advertisements on the site are, in fact, advertisements. Sometimes we are compensated simply for displaying an ad. Other times we are paid "per click" or receive
a commission if you make a purchase from the advertiser. We do not accept payment for content and do not choose content based on advertiser relationships,
but in cases when a story mentions a specific product we may post an adjacent Amazon.com link or other affiliate link that offers us a commission.

myspace visitor counter