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European leaders agree ECB should supervise big banks
by
Dec 13, 2012
European finance ministers struck a major new deal over their debt crisis. They agreed that the European Central Bank -- Europe’s equivalent of the Fed -- should take over the supervision of the continent’s biggest banks.
Europe struggles to prepare for the U.S. fiscal cliff
Interview with
Dec 5, 2012
If the U.S. falls off the fiscal cliff at the end of the year, countries across the pond could also suffer the effects.
European Union searching for agreement on budget
Interview with
Nov 22, 2012
European Union leaders are gathering in Brussels to hammer out a budget for the EU. And the task will not be easy with the continent still trying desperately to claw its way out of debt.
Questions remain about the future of Greece
Interview with
Nov 21, 2012
A meeting to agree Greece’s next round of bailout money has ended after almost 12 hours with no decision. Athens won't get vital bailout funds without an agreement.
Spain's banks to suspend foreclosures for the needy
by
Nov 16, 2012
The Spanish government is suspending foreclosures for the neediest homeowners just a week after a woman there committed suicide when officials arrived at her apartment to seize it.
Workers push back on austerity across Europe
by
Nov 14, 2012
There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.
Austerity as seen from the streets of Athens
Interview by
Nov 13, 2012
Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases -- its most aggressive austerity budget so far -- in order to receive their next bailout payment.
Greek austerity: A light around the bend?
Interview with
Nov 12, 2012
European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
Surprise! The most critical vote this week may be in Greece
Interview with
Nov 6, 2012
Protesters continue to fill Athens today ahead of the Greek Parliament’s vote on public sector spending cuts.
Greek editor stands trial over tax evader list
by
Nov 1, 2012
A Greek magazine editor goes on trial today after being accused of breaking privacy laws when he published a list of prominent Greeks who allegedly evaded their taxes.








