crisis-hit

MADRID—Spanish telecoms giant Telefónica SA said its second-quarter net profit dropped 27% as it continued to suffer from plummeting revenues in crisis-hit Spain, rising operating costs and a writedown of the value of its stake in Telecom Italia SpA.

Rising Costs Hurt Telefónica David Roman 2011

Financial markets are on edge as crisis-hit euro-zone countries try to pull off a daunting task: protect their banks while slashing budget deficits against a backdrop of economic stagnation and soaring joblessness.

Ireland, Portugal Fuel Regional Woes Brian Blackstone 2010

A court ruling may reduce the freedom of the German government, the biggest contributor to the euro zone's bailout fund, to finance rescues of crisis-hit countries such as Greece.

Europe faces week of challenges in debt crisis Reuters 2011

But although the bank has been busy buying the bonds of crisis-hit governments—totalling €9.5 billion last week alone—it has repeatedly said its intervention will be limited in scope and duration.

Exit From Italian Debt Spurs Fears Marcus Walker 2011

TOKYO— Tokyo Electric Power Co. is making steady progress in its efforts to stabilize the Fukushima Daiichi nuclear plant and provide compensation to those living around the crisis-hit facility, the company's president said Thursday.

Hurdles Remain For Tepco Mitsuru Obe 2011

A court ruling may reduce the freedom of the German government, the biggest contributor to the euro zone's bailout fund, to finance rescues of crisis-hit countries such as Greece.

Europe faces week of challenges in debt crisis Reuters 2011

True, it will take a while before most crisis-hit countries will be able to reclaim the economic output that was lost as a result of the crisis.

Antonio Borges: The Emerging Bright Spot in Europe Antonio Borges 2011

An important point, but it may not sway public opinion formed by TV footage of Japan's crisis-hit nuclear plants.

Japan: the crisis mounts | Editorial 2011

True, it will take a while before most crisis-hit countries will be able to reclaim the economic output that was lost as a result of the crisis.

Antonio Borges: The Emerging Bright Spot in Europe Antonio Borges 2011

Speaking on his arrival in Madrid, he expressed concern about youth unemployment—a burning issue in crisis-hit Spain, where nearly half of all 15- to 24-year-olds don't have a job.

Pope Visits Spain, Says Ethics Should Guide Economies David Roman 2011