The Euro Crisis Continues To Grow

Moody's has cut the European Union's long-term outlook from stable to negative. The Telegraph

Fears Rising, Spaniards Pull Out Their Cash and Get Out of Spain -- CNBC/New York Times

It is, Julio Vildosola concedes, a very big bet.

After working six years as a senior executive for a multinational payroll-processing company in Barcelona, Spain, Mr. Vildosola is cutting his professional and financial ties with his troubled homeland. He has moved his family to a village near Cambridge, England, where he will take the reins at a small software company, and he has transferred his savings from Spanish banks to British banks.

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More News On The Euro Crisis

Eurozone crisis live: Moody's cuts EU outlook to negative; Germany tells Greece to keep reforming -- The Guardian
Debt crisis: live -- The Telegraph

European leaders prepare to meet on economic crisis -- Mercury News/Bloomberg
Moody’s lowers EU credit rating outlook to ‘negative’ -- France 24
Spain's Capital Flight Now Worse Than Asian Financial Crisis -- CNBC
Germany’s Image Damaged by Euro-Crisis Sniping, Westerwelle Says -- Bloomberg Businessweek
Euro Crisis Challenges Sweden and Switzerland -- Wall Street Journal
Swiss economy shrinks under euro crisis pressure -- Reuters
Crisis contagion: Swiss economy gets closer to recession amid global slowdown -- RT
Euro crisis could be over in '1-2 years' -- SKY News
Buying time essential to resolution of euro crisis -- Dan O'Brien, Irish Times

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