Global stock markets have turned their attention to Greece in anticipation of its elections this weekend that could lead to a Greek exit from the euro. How did Greece get here? We get a professor's perspective.

Just in time for the Greek elections next weekend, the EU bailout of Spanish banks aims to send the signal that the eurozone will stand behind its biggest countries.

Greece continues to struggle through a debt and banking crisis and rumors of a 'Grexit' abound. If the country does leave the euro, how will it roll out the drachma, and what are the costs?

The credit rating agency Moody's downgraded seven German banks today, noting their exposure to Europe's debt problems and slower economic growth.