European Debt Crisis - Most Recent
Jan 16, 2012
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
Jan 13, 2012
In Italy, the government was easily able to borrow $4 billion to pay for spending over the next three years. And the head of the European Central Bank says it is evidence that the new European bailout is paying off.
Jan 9, 2012
In Berlin today, German Chancellor Angela Merkel and French president Nicolas Sarkozy meet for the first time this new year to talk about European debt, and treaties to allow for more budget control of eurozone nations.
Jan 6, 2012
In Europe, some countries in the north are doing well while in southern countries like Italy and Spain, unemployment is skyrocketing.
Jan 4, 2012
The 17 nations sharing the euro as a common currency struggle to keep the eurozone together. Historically, currency unions have a poor track record.
Jan 2, 2012
Leaders usually like to start the year with optimism, but Angela Merkel and others are finding it hard to see the bright side to the current situation in Europe.
Dec 22, 2011
The European Central Bank yesterday printed $640 billion worth of euros, almost the same amount of money as the TARP program used by the U.S. government during the financial crisis in 2008.
Dec 22, 2011
What looks like a major success now may end up being more of a modest win in the future against the mounting debt crisis in the eurozone.
Dec 21, 2011
The news that more banks than expected are putting a hand out for help from the European Central Bank had markets on a roller coaster today.