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Examples
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He also said that said resolving the wider problems of global financial imbalances are beyond the U.K. authorities to deal with on their own and "only the governments directly involved can find a way out of this crisis," referring to the euro-area debt turmoil.
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Merkel said she remains opposed to the idea of euro-area bonds, after a report said Germany may consider common debt sales under certain conditions.
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"Investors are demanding a risk premium for buying government bonds in euro-area countries," he said, citing concerns that healthier euro-zone countries will eventually have to pay to bail out more indebted states such as Italy or Spain.
Scandinavia Reaps Safe-Haven Rewards Charles Duxbury 2012
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The euro-area debt crisis stayed at the forefront of investors' minds.
Best Week for European Stocks in 3 Years Barbara Kollmeyer 2011
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If the dollar's new trend lasts, any upturn in the fortunes of the U.S. this year will fail to throw the euro a lifeline, leaving the common currency to the whim of the market's take on the long-running debt crisis, to the joy of euro-area exporters, no doubt.
Strange Dollar Patterns Draw Focus Katie Martin 2012
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The EFSF was created in May 2010 to rescue financially strapped euro-area countries.
Europe Debt Auctions Find Demand Emese Bartha 2012
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Elsewhere on Monday, the EU responded to the downgrade decisions by saying that they ignore growth-enhancing initiatives and fiscal-consolidation policies in place in euro-area member states.
EU Leaders Focus on 'Progress' Christopher Emsden 2012
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UBS predicts that there will be a 0.7% contraction in euro-area gross domestic product in 2012.
All Clear in Europe Now? Don't Bet on It Ben Levisohn 2011
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According to the Greek official who discussed the second aid deal Tuesday, possible measures being considered include allowing the European Financial Stability Facility—the euro-area rescue fund—to buy Greek bonds in the primary market.
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The IMF cannot substitute for a robust euro-area firewall.
IMF Seeks More Funds to Gird for Euro Crisis Sudeep Reddy 2012
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