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Italy election: Bombastic billionaire Berlusconi versus austerity
Stephen Beard Feb 22, 2013
Italian media magnate and former Prime Minister Silvio Berlusconi is seeking re-election at the polls this weekend. But will the country take him back or stick with their austerity agenda?
Europe faces up to the cost of austerity
Christopher Werth Feb 22, 2013
Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.
The European debt crisis claims a new victim: Bulgaria
Stephen Beard Feb 20, 2013
After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.
France's president says no to 'endless austerity'
Bethany Bell Feb 5, 2013
Francois Hollande gives his first speech to the European Parliament as head of state.
Which is scarier: Dow 14,000 or European debt?
Jeremy Hobson Feb 4, 2013
After a week of near-record highs, Wall Street appears worried again -- one of the culprits may be new concerns about the European debt crisis.
In Spain, corruption and austerity don't mix
Stephen Beard Feb 1, 2013
A bribery scandal in Spain is threatening the government of Prime Minister Mariano Rajoy at a time of austerity and high unemployment.
Giving credit to the government for the bailout
Kai Ryssdal Jan 24, 2013
Alan Blinder, an economist and former vice chairman of the Federal Reserve, discusses why he thinks the government doesn't get enough credit for saving the U.S. economy from a much worse fate.
Greek Parliament investigates former finance minister over 'tax list'
Mark Lowen Jan 18, 2013
George Papaconstantinou is under investigation over allegations he removed the names of his family members from a list of Greek tax evaders.
Europe's economy: Recovering or recoiling?
Jeremy Hobson Jan 14, 2013
The head of the International Monetary Fund, Christine Lagarde, had reassuring words this morning about the state of the European economy. But the latest economic numbers tell a different story.
AIG has to consider lawsuit against U.S.
Bob Moon Jan 9, 2013
AIG's board must consider the shareholder lawsuit, because it is charged with acting in the best interests of its shareholders.
