Stacey Vanek Smith
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.
Aug 15, 2012 Greece's current government took power in June -- since then the world's been waiting for the specific plan to push things forward with Europe. This morning, the Financial Times this morning has a look at the plan Greece's prime minister will bring to the table next week with German and French leaders.
Aug 14, 2012 The new numbers out on the eurozone weren't as abysmal as expected, but they're not good either.
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.
Jul 26, 2012 The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.
Jul 24, 2012 A number of Southern Italian cities, including the entire province of Sicily, are on the verge of bankruptcy.
Jul 24, 2012 The European Commission, the European Central Bank, and the IMF began meetings in Greece today -- they'd like to know what structural reform progress has been made in return for billions in bailout money.
Jul 24, 2012 Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
Jul 24, 2012 Moody's Investors Service has lowered the outlook for the credit ratings of three of Europe's strongest economies: Luxembourg, the Netherlands and Germany. It's part of a busy day in Europe that has investors on-edge -- markets there are barely moving.