SupplyBoys News

Judging from the "Believe me, it will be enough" comment last week by ECB president Mario Draghi, we should soon see a crisis response and it should be substantial.

IMF chief sees Christine Lagarde, the confidence in the global economy disappear. Not only the euro crisis, and the uncertain budgetary situation in the United States contributes to it. Of the ECB demanding even greater commitment.

The coalition government in Athens has agreed after several hours of discussions on the new 11.5 billion euros comprehensive savings program.

Italy's 10-year funding costs fell below 6pc for the first time since April at an auction yesterday as expectations that the European Central Bank may ride to the rescue of vulnerable eurozone members spurred demand for their debt.

Never before in recorded history investors have pulled money out of Spain as much as 2012

The ongoing for years job boom in Germany is weakening. In July, unemployment has risen zufolgen experts. Reasons: the weak economy and the euro debt crisis.

On Tuesday Euro/Dollar continued decreasing with 95 pips. The European currency depreciated from 1.2138 to 1.2041 yesterday.

"Warning shot for Europe": Moody's changed the outlook for the rescue EFSF down on negative ranks. In addition, doubts about the rating agency's credit several states.

The euro touched the lowest level in more than 11 years against the yen as a Spanish bill sale tomorrow highlights funding pressures that’s prompted five states in the trading bloc to seek international rescues.

Greece could already go bust in September. The International Monetary Fund, according to information obtained by SPIEGEL, the Brussels EU leaders signaled that he would not participate in further support for the country.