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Maybe it was the deepening debt crisis in Europe.
needed a European at the helm to address the Continent's deepening debt problems.
Investors restless about the deepening debt crisis cast a skeptical eye on the roughly 20 billion worth of Greek government bonds held by Dexia.
Shares on Wall Street closed mostly higher on Monday despite fears of a deepening debt crisis in Europe that battered European markets and financial institutions suspected of being vulnerable to a possible Greek default.
NEW YORK TIMES ECONOMIX BNP Paribas Profit Falls 13% in Second Quarter | Europe's deepening debt crisis curbed trading revenue at the French bank, pushing its net profit down by 13 percent, to $2.27 billion, in the second quarter.
The book could not be more timely given the worries about Europe's deepening debt crisis and the recent warning issued by Christine Lagarde, managing director of the I.M.F, that "the current economic situation is entering a dangerous phase".
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Some, like the deepening European debt crisis, matched our objective of focusing on economic issues.
The financial hardship may drive them to rely on credit cards to make ends meet, thus deepening the debt trap.
A parade of grim news, from weak corporate earnings to a pullback at American factories to the deepening European debt crisis, sent investors fleeing stocks again on Tuesday.
By acting more quickly, they hope to reassure skeptical financial markets and encourage the European Central Bank to do more to fight the deepening sovereign debt crisis on the Continent.
The move by key figures from two parties that are Ms Merkel's junior coalition partners broke a 25-year taboo on a subject that Berlin has consistently maintained is "closed" – and followed repeated demands by the new Greek government for war compensation payments to help offset its deepening national debt.
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