European Debt Crisis - Most Recent


Scientists question Draghi's bumblebee metaphor

Aug 3, 2012
In his remarks yesterday, the European Central Bank's Mario Draghi compared the evolution of the euro to that of a bumblebee. Entomologists say that's a confusing metaphor.
Posted In: Mario Draghi, euro, Science

European Central Bank disappoints investors with non-action

Aug 2, 2012
Investors had been hoping that ECB President Mario Draghi would unveil something big to help solve the European debt crisis. Instead, Draghi offered only vague commitments.
Posted In: ECB, Europe debt crisis, Mario Draghi

Mario Draghi maintains uncertainty surrounding Europe

Aug 2, 2012
In Frankfurt, the head of the European Central Bank Mario Draghi held a press conference. Everyone was waiting to see whether Draghi would announce new stimulus measures, after saying last week that he'd do whatever it takes to save the euro.
Posted In: ECB, Mario Draghi

ECB Mario Draghi holds press conference

Aug 2, 2012
The head of the European Central Bank, Mario Draghi, is holding a press conference right now in Frankfurt. And global markets are hanging on his every word. That's because he said last week he'll do whatever it takes to save the euro, and today is the day we find out what that means.
Posted In: ECB, Mario Draghi

Tim Geithner heads to Germany to push for change

Jul 30, 2012
U.S. Treasury Secretary Tim Geithner is in Europe today. He's got meetings with Mario Draghi, the ECB president, and Germany's finance minister.
Posted In: Timothy Geithner

ECB head pledges to do 'whatever it takes' to save euro

Jul 26, 2012
What can the European Central Bank really do to help the euro and what obstacles might be in its way?
Posted In: Europe debt crisis, European Central Bank

What's up, Europe? Small talk turns to finance in Italy

Jul 24, 2012
A number of Southern Italian cities, including the entire province of Sicily, are on the verge of bankruptcy.
Posted In: Whats up Europe, italy, Germany

Troika inspectors meet in Greece for progress report

Jul 24, 2012
The European Commission, the European Central Bank, and the IMF began meetings in Greece today -- they'd like to know what structural reform progress has been made in return for billions in bailout money.
Posted In: Europe debt crisis, Greece, IMF

Spanish borrowing costs up, German rating may go down

Jul 24, 2012
Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
Posted In: spain, Germany, Europe debt crisis

Spain leads to more woes for Europe

Jul 23, 2012
New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.
Posted In: Europe debt crisis, spain, Greece, IMF