European Debt Crisis - Trending
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What's Up, Europe? Shock and numbness in Greece
Jun 5, 2012
The spotlight of the eurozone crisis moves to Spain, but no one has forgotten Greece. While the official unemployment rate there is above 21 percent, many more are working without pay.
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Fears of global slowdown sink markets
Jun 4, 2012
Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report that came out on Friday. But the negative market sentiment isn't just about jobs.
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Portugal's banks get $8 billion bailout
Jun 4, 2012
Today three big banks in Portugal were forced to draw on $8.25 billion worth of European Union bailout money to weather the current financial storm. Portugal has been slogging through very tight budgets in order to be eligible for money like this.
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Europe contemplates centralized authority
Jun 4, 2012
It used to be a pipe dream of some European officials just a year ago. Now, German Chancellor Angela Merkel is pushing for a central authority to regulate all the finances of countries that use the euro.
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What's Up, Europe? Gloom over austerity... and soccer in Portugal
Jun 4, 2012
Portugal was approved for its latest installment of bailout cash. What's life like for the Portuguese living under the gloom of austerity, and likely losses at the European Championship.
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What's up, Europe? French president meets Putin, life goes on
Jun 1, 2012
What might an American audience appreciate about the news in Paris right now, and what's on everybody's mind in France?
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Ireland votes on EU fiscal discipline treaty
May 31, 2012
Today, Ireland is holding a referendum on whether to ratify Europe's new fiscal discipline pact. A vote against the treaty would challenge German-backed austerity measures.
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What's up, Europe? Ireland votes on EU treaty
May 31, 2012
It's a gray day in Dublin, as the Irish vote on the European Union's fiscal stability treaty. Will a yes vote really solve Ireland's problems?
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Obama sends economic adviser to Europe
May 30, 2012
With borrowing costs spiking for Spain and Italy, the Obama administration has sent a top treasury official to Europe to encourage European leaders to take decisive action on their financial mess.
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European Commission recommends banking union
May 30, 2012
The European Commission has recommended today that banks in the eurozone create a union to help regulate and bolster failing banks.












