Dec 5, 2011 News from Europe today shows positive steps towards solving the debt crisis, on the micro and macro level.
Dec 5, 2011 Italian Prime Minister Mario Monti unveiled a firm austerity plan for his country. In the wake of a tempestuous month for leadership, we take a look at accountability, both in Europe and at American universities. Allan Sloan explains the payroll tax cuts, and reporter David Gura spotlights the increasing wealth gap.
Heidi N. Moore
Dec 5, 2011 Merkel and Sarkozy propose amending the European Union treaty to impose budget discipline on spendthrift countries. Will markets be satisfied?
Dec 2, 2011 German Chancellor Angela Merkel today called for a new legally binding set of rules to control spending in all eurozone countries, with harsh fines for any rule-breakers.
Dec 2, 2011 Germany's leader spoke today, calling for stricter regulations across Europe.
Dec 2, 2011 German Chancellor Angela Merkel spoke today, echoing recent sentiments by the head of the European Central Bank and French President Nicolas Sarkozy.
Dec 2, 2011 Marketplace Money Senior Producer Paddy Hirsch explains why Europe needs dollars instead of euros as the EU tries to sort out its financial problems.
Dec 2, 2011 Despite signs the recovery is gaining steam, trouble in the eurozone could sap demand for U.S. exports.
Dec 1, 2011 Central banks from a number of countries have decided to increase the ease of borrowing; many hope this will be enough to buy eurozone governments more time to solve the debt crisis.
Dec 1, 2011 The global stock market rally that sent the Dow up almost 500 points yesterday may be over, but France and Spain are offering some hope this morning that yesterday's coordinated action by central banks to ease credit is working.