crisis
Spain : patients rage at hospital cuts
Ever since her father had his heart attack years ago, 76-year-old Maria has been fiercely devoted to Spain's public hospitals. Now that authorities are planning...
Spain : Madrid hospitals strike against crisis cuts
Doctors and staff at public hospitals in Madrid launched a strike Monday complaining that authorities plan to privatise health services to save money in...
Spain : no more health benefits for illegal immigrants
Spain takes pride in its universal health care but Europe's debt crisis has spurred tough budget cuts that will bring sometimes life-saving treatment for...
Greece : list of Greek debt held by large European banks and insurers
Leading European banks and insurance companies hold the following amounts of Greek debt. The data, provided by the institutions thermselves, was valid at the...
M&A :EMEA region businesses continue to be affected by sovereign debt crisis
The full-year 2011 edition of EMEA Deal Drivers, published by mergermarket in association with Merrill DataSite, provides an extensive review of M&A activity in...
Shock cuts hit healthcare in Spain’s richest region
Spain's crisis spending has cut a bit deeper with its richest region, Catalonia, suspending payments this past week to care homes and mental clinics...
Munich Re / statement : no more ‘absolutely safe investments’
The budget crises facing the Eurozone and United States mean there are no longer any "absolutely safe investments," the head of the leading global...
Institute of International Finance optimistic about Greek deb swap
A voluntary swap of privately held Greek bonds as part of the debt-laden country's bailout will be successful and help it return to bond...
EIOPA : Eurozone debt crisis biggest threat to insurers
EIOPA is warning insurers about the Eurozone sovereign debt being their biggest threat. The risk related to their government bond holdings could suffer losses.
"The...
Bank test : eight European banks failed
The European Banking Authority (EBA) said after the market close on Friday that eight banks failed the stress test with a total capital shortfall...
Europe : debt crisis may affect more countries
The Bank for International Settlements said sovereign debt crises are expected to widen to more countries, and public debts are more likely to be...
OECD : Globalisation increases risk
Increasing globalisation increases the risk that a major event such as a disease outbreak of financial collapse will prove more disruptive to the world...
Australia : Insurance Council of Australia updated the number of claims
Suncorp, IAG and QBE gave a lesson in remaining cool in a crisis, reassuring the public and the markets that they could pay out...
Clear Path Analysis / report : insurance and pension professionals outline the challenges and opportunities in managing risk through efficient technology and system solutions
As the post-financial crisis era heralds in a new age in risk assessment, operational governance and regulation standards, pension schemes and insurers seek more...
EU eyes new rules to supervise financial giants
The European Union's executive arm proposed on Monday to give national supervisors more power to oversee financial conglomerates as part of efforts to prevent...
AIG reports 2.66-billion-dollar quarterly loss
Ailing US insurance giant AIG on Friday said it swung to a 2.66-billion-dollar loss in the second quarter, hurt mostly by the impending sale...
New British venture eyes state-rescued bank assets
A new venture is being launched to compete for acquiring retail banking assets bought by the British government at the height of the financial...
Europe moves to levy bank failure tax
Banks will never again be allowed to call on taxpayers to clean up their mess under plans for a new Europe-wide crisis insurance levy...
US recovery on track despite European debt concerns
Better-than-expected economic indicators are pointing to an on-track US recovery, even as European debt concerns cast a shadow over the world's largest economy.
Strong housing,...
Austria extends ban on naked short-selling
The Austrian financial market watchdog, the FMA, said Tuesday it had decided to extend a current temporary ban on so-called naked short-selling by a...
