European Debt Crisis - Most Commented

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EU agreement isn't necessarily the right fix

Dec 12, 2011
Twenty-six of 27 European Union leaders will pursue strict budget rules. But austerity may not be the best prescription for Europe's debt crisis.
Posted In: Eurozone, euro, European Union

Britain refuses to join in European treaty changes

Dec 9, 2011
An agreement among almost all of the European Union members was made in Brussels today, but Britain has decided to stay out of the plan, and insists that official EU institutions do as well.
Posted In: Europe debt crisis, david cameron, fiscal union, EU

Ex-Bank of England member: Central bank action an ominous sign

Dec 9, 2011
Markets breathed a sigh of relief last week as central banks around the world agreed to joint action to fight the European debt crisis. But according to someone on the front lines in 2008, this could mean things are worse than we know.
Posted In: European Central Bank, Bank of England, Europe debt crisis

Most euro leaders agree on plan for fiscal austerity

Dec 9, 2011
Britain and three other countries are out of the picture, but those remaining believe the new treaty will mean much more balanced budgets on the continent in the future.
Posted In: Europe debt crisis, fiscal union

Do multinational summits actually work?

Dec 9, 2011
Some economists say today's summit will be remembered as a successful moment -- when eurozone countries met and got their act together. Katharina Gnath is an associate fellow at the German Council on Foreign Relations and has studied G8 and G20 summits.
Posted In: summit, Europe debt crisis, European Union

Europe pledges to control spending

Dec 9, 2011
Raise your right hand: European leaders hammer out a new European pledge to get the continent's budget deficit under control
Posted In: European Union

Euro crisis not over yet

Dec 9, 2011
European leaders met for yet another time, this time striking a deal that would allow the European Commission to oversee budgets and fine countries for getting into too much debt. But it won't solve the major eurozone issues.
Posted In: Eurozone, Brussels

Europe looks to the IMF

Dec 8, 2011
The Europeans are starting to turn to the IMF for help with bailouts. Some in Congress are resisting. But withdrawing our help could have consequences.
Posted In: IMF

Germany's tough role in euro debt crisis

Dec 8, 2011
Critics have been complaining that Germany has grown too dominant in the EU, a sharp turn from previous complaints that the country wasn't doing enough to solve the problem.
Posted In: Europe debt crisis, Germany

Smaller euro countries fear pressure from France, Germany

Dec 8, 2011
Representatives from countries like Finland fear that tomorrow's summit could force their hand on some issues, and create a new culture in the eurozone where powerful countries trump the rest.
Posted In: Europe debt crisis, Finland

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