Eurozone

Formally established in 1993, the eurozone, often referred to as the “European Union,” is a political and economic union established after the ratification of the Maastricht Treaty by members of the European Community. It has since expanded to include some Central and Eastern European nations. The establishment of the eurozone provided for the creation of a central European bank and the adoption of a common currency: the euro. The idea behind the eurozone is to create a single geographical market where goods, services, and money can be exchanged freely.


VLKAY Stock Has Settled Down, But It’s Just a Calm Before the Storm Volkswagen AG (OTC:VLKAY) stock enjoyed a small one percent gain on Tuesday, but it continues to trade at levels not seen since 2007. VLKAY stockholders are not…

Brexit: This Should Terrify Investors Everywhere Prime Minister David Cameron is threatening Paris, Berlin, Rome and 24 other European capitals with a referendum over his country’s membership in the European Union (EU). Americans may feel shielded from European events, but…

If you think Greece is holding back the eurozone from an economic collapse, you may be mistaken. At least, that’s according to former hedge fund manager and Goldman Sachs alumnus Raoul Pal. In an interview with CNBC’s Fast Money on…

Youth unemployment hit a 33-year high in June, according to the latest data from the Italian national statistics office, signaling the troubled country and the wider eurozone area could be on the verge of economic collapse. It’s the disappointing unemployment…

Many of us are wondering: when will the next stock crash be? Are we on the brink now? And how bad will it be? Well, Marc Faber (aka Dr. Doom) suggests the next stock crash could range from 20% to…

Watching the stock market rise for the fourth straight day on Tuesday, I’m left wondering about the false confidence that appears to be on the surface. My view is that the current state of stock market investing should continue to…

There’s increasing noise that questions whether gold prices are being manipulated. Given the current events in the eurozone especially, along with what’s happening elsewhere in the global economy, gold prices aren’t moving higher. In fact, they are going down. The…

Billionaire Wilbur Ross believes there is a high probability Greece will exit the eurozone, which could send the nation into economic collapse and prompt a stock market crash. During an interview on Tuesday, July 7th, the distressed asset investor told…

Wall Street opened flat on Tuesday, July 7th, as talks between Greece and its creditors resumed. The U.S. trade deficit widened in May, reflecting concerns over weak global demand. European stocks continue to slide while the euro hit a five-week…

Wall Street opened sharply lower on Monday July 6, 2015, as Greek people rejected the bailout package by creditors on Sunday, putting the euro on edge. European stock markets plunged as Greece’s exit from the eurozone seems to be likely.…

The Bank of England is warning that a Greek debt default could ripple across global financial markets, possibly triggering a global economic collapse and stock market crash in 2015. In the Financial Stability Report, U.K. central bank Governor Mark Carney said, “the…