Jun 25, 2013 Italy might need a bailout within six months. So warns Italy's second largest bank, MedioBanca, according to Britain's Daily Telegraph.
May 1, 2013 Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.
Apr 29, 2013 Two European countries have come out with very different ways to tackle their economic problems.
Apr 25, 2013 Enrico Letta, of the center-left Democratic Party, has announced that he intends to fight the move towards austerity in Europe, and investors applauded.
Apr 18, 2013 The overwhelming yes vote came after a warning from Germany's finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.
Apr 11, 2013 The idea that government should be balance its budget and stay out of the way has been around a long time. It's gained ascendance in Washington even as more economists agree the government should spend more and help the economy.
Apr 8, 2013 Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Apr 2, 2013 The jobless rate across the 17 counties that use the euro currency rose to 12 percent in January and February of 2013, adding to signs that the region's economic slump may not be over.
Apr 1, 2013 The U.K. revealed the biggest overhaul to its welfare system in a generation. One major cut will be to crackdown on people who live in large houses but collect welfare payments.