European Debt Crisis - Most Recent
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Greek prime minister meets with French, German officials
Aug 20, 2012
This week, all eyes are on Greece. The country's prime minister is meeting with German and French officials. He's expected to officially ask for extension in meeting the country's fiscal targets.
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Germany and France hold steady, but don't grow much
Aug 14, 2012
Happiness is relative in Europe these days: Investors are cheering news the euro area's top economies did not turn in the abysmal results many had expected. Instead, things are just "garden-variety" bad.
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England, France facing more financial struggles
Aug 8, 2012
The Bank of England forecasts this morning the U.K. economy will not grow at all in the coming quarter. Across the channel, the French central bank says the euro's second-largest economy is headed for its own recession. And Germany's being infected by all this through its exports, which fell in June.
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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.
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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.
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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.
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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.
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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.
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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?
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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.





