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European leaders approve new fiscal agreement
by
Jan 31, 2012
European leaders have agreed on the details of a new treaty that requires countries to balance their budgets and limit their deficits. It's a long-term solution to the continent's debt troubles.
Focus shifts back to Greece at European summit
Interview by
Jan 30, 2012
At yet another summit of European leaders, worries about Greece are coming back to the forefront.
The high cost of austerity
by
Jan 30, 2012
Greek financial woes were front and center at EU headquarters in Brussels today.
The risk of credit default swaps
Interview by
Jan 26, 2012
As the risk of Greece defaulting continues to be a threat, we can look to AIG as a warning.
Debt negotiations moving forward in Greece
Interview by
Jan 20, 2012
In Greece, where negotiations are underway with international banks in an effort to reduce the country's debt. Greece has to make a deal in order to get another round of bailout cash and prevent a messy default.
Greece closer to avoiding a messy default
by
Jan 20, 2012
A deal might be drawing near to reducing Greece's debt, and hopefully avoid further crisis in the eurozone.
Down to the wire in Athens
by
Jan 23, 2012
Greece has been furiously working to save maybe $126 billion on what it owes investors on its government bonds.
S&P downgrades France and Austria from AAA rating
Interview with
Jan 16, 2012
Right after Wall Street closed on Friday, the ratings agency Standard and Poor's downgraded the credit ratings of nine European countries. France and Austria lost their prized AAA credit ratings.
What the S&P downgrades mean for Europe
Interview with
Jan 16, 2012
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
ECB lending plan helping Europe so far
Interview with
Jan 13, 2012
In Italy, the government was easily able to borrow $4 billion to pay for spending over the next three years. And the head of the European Central Bank says it is evidence that the new European bailout is paying off.




