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Euro crisis not over yet
Interview with
Dec 9, 2011
European leaders met for yet another time, this time striking a deal that would allow the European Commission to oversee budgets and fine countries for getting into too much debt. But it won't solve the major eurozone issues.
EU summit takes place in Brussels; divisions abound
by
Dec 8, 2011
European leaders gather in Brussels to discuss closer fiscal union and try to save the euro, but EU lawmakers are divided on the way forward.
A German tea party with a French pastry
by
Dec 7, 2011
German Chancellor Angela Merkel and French President Nicolas Sarkozy lay out their plan for stricter budget controls for eurozone nations in an open letter to European Council President Herman Van Rompuy.
Germany, France moot tougher EU budget rules
by
Dec 5, 2011
Merkel and Sarkozy propose amending the European Union treaty to impose budget discipline on spendthrift countries. Will markets be satisfied?
One giant step forward, two steps back
by
Dec 6, 2011
France and Germany are finally on the same page, both saying they want to modify the treaty that originally created the eurozone. A key element automatically penalizes countries if budget deficits run too high. Hence, the world of the day: Automaticity.
Why does the EU want U.S. dollars?
by
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.
Ring-fencing Italy
by
Nov 29, 2011
There's been a lot of talk recently about the need to ring-fence certain economies in Europe. These aren't the economies that have defaulted or been bailed out; these are the economies that are too big to fail. Italy is the most glaring example.
A doomsday scenario for the euro
Interview by
Dec 2, 2011
What will happen to the global economy if the eurozone breaks up? A new book considers the options.
Europe weighs greater fiscal consolidation
by
Dec 2, 2011
Eurozone countries are under pressure to consolidate their fiscal policies as a way to resolve their current debt crisis.
Why the world cares about European bond sales
by
Dec 2, 2011
The normally prosaic process in which European governments borrow money has become a daily test of their economic health.












