European Debt Crisis - Most Recent

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Lending tightens in Europe as Euro falls

May 25, 2010
European stock markets are at their lowest level in nine months, and Dow Jones industrials have dropped below 10,000 on investor fears of an economic slowdown.

Greek crisis may have impact in U.S.

May 21, 2010
Tess Vigeland talks to Jacob Kirkegaard about how Greece's financial crisis can have an impact on American workers and the U.S. economy.
Posted In: Investing, Travel

Drachma dreams

May 21, 2010
As Greece falls into a recession, Greeks are girding themselves for a tough financial future and pining for the days of the drachma.

Greece may take legal action on banks

May 17, 2010
Greece's Prime Minister George Papandreou says taking legal action against U.S. banks for their role in the Greek debt crisis is not out of the question.

Will the eurozone pull through crisis?

May 14, 2010
In a speech, former Federal Reserve Chairman Paul Volcker suggested there was threat of a break up to the eurozone. Professor Barry Eichengreen talks with Kai Ryssdal about what can see the eurozone through its crisis and what would happen if a country pulls out of the euro.

Young Greeks worry over spending cuts

May 13, 2010
In Greece, the unemployment rate for people between 18-30 is more than 25% -- more than twice the rate in the general population. Joanna Kakissis reports that austerity measures are going to bring a lot of pain.

Spain makes deep cuts to avoid debt

May 13, 2010
Spain has ordered a 5 percent cut in public sector pay this year, with a pay freeze to follow next year. The move is an effort to avoid similar debt and protest problems to those suffered by Greece.

Euro drops after Europe bailout

May 11, 2010
The Euro dropped in global markets just one day after Europe announced a near-$1 trillion bailout. Continuing coverage from European correspondent Stephen Beard.
Posted In: Investing, Wall Street

Will bailout help Europe's debt woes?

May 10, 2010
The Daily Telegraph's Ambrose Evans-Pritchard talks with Kai Ryssdal about whether the $1 trillion European Union bailout is a real fix to its debt crisis and if the rescue package is analogous to what the U.S. did with the TARP to help troubled banks.

ECB to buy sovereign debt in E.U. bailout

May 10, 2010
Beyond the near $1 trillion number, the E.U.-approved bailout of Europe will include the European Central Bank buying up sovereign debt. Christopher Werth reports.

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Money shapes all our lives. But, also our lives shape our understanding of money. Specifically, at an early age family can determine a lot about how we view money. We take a look at how family moments ... big and small ... shape the way we live money.