The European Debt Crisis 2011

UPDATE: Goldman Sachs Chief Confident Euro will Survive - Report

(Rewrites, adding further detail and background on bank reforms.) The chief executive of Goldman Sachs (GS), Lloyd Blankfein, is confident the euro will survive despite the debt crisis, he said in an interview with newspaper Welt am Sonntag. "The risk that euro will break apart or that individual members are headed for bankruptcy was substantially higher a year ago," he said. There is clear political commitment to the euro zone and the euro, which...