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.
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 23, 2012 New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.
Jul 13, 2012 Tomorrow is Bastille Day in France, the French will be celebrating despite the rainy weather and eurozone turmoil. This week French carmaker, Peugot, announced major layoffs, signaling the tough economic climate facing the country.
Jul 13, 2012 In a poll of a thousand Greeks, 2 percent said the country has a good national economic situation.
Jul 12, 2012 As the first batch of bailout funds arrives at Spain's banks, Prime Minister Mariano Rajoy has announced an austerity plan to slash the public deficit. This includes tax hikes and cuts to unemployment benefits.
Jun 26, 2012 The tiny Mediterranean island nation of Cyprus is formally asking for a bailout from Europe. The country says it needs more than $10 billion from its eurozone partners to avoid default.
Jun 25, 2012 Greece's lenders had planned a visit to the country today, but wouldn't you know it: the brand new finance minister's been fainting and sick to his stomach. If Greece weren't so sad, it'd be funny; maybe it's still funny -- at least one guy thinks so.