Dec 5, 2012 If the U.S. falls off the fiscal cliff at the end of the year, countries across the pond could also suffer the effects.
Nov 30, 2012 It was exactly two years ago that Ireland faced a similar problem and got an international bailout. How is the country faring now?
Nov 22, 2012 European Union leaders are gathering in Brussels to hammer out a budget for the EU. And the task will not be easy with the continent still trying desperately to claw its way out of debt.
Nov 21, 2012 A meeting to agree Greece’s next round of bailout money has ended after almost 12 hours with no decision. Athens won't get vital bailout funds without an agreement.
Nov 16, 2012 The Spanish government is suspending foreclosures for the neediest homeowners just a week after a woman there committed suicide when officials arrived at her apartment to seize it.
Nov 14, 2012 Millions of workers went on strike across Europe today in protest against public spending cuts. Hundreds of flights have been cancelled, car factories and ports have been shut, and rail services disrupted.
Nov 14, 2012 There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.
Nov 13, 2012 Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases -- its most aggressive austerity budget so far -- in order to receive their next bailout payment.
Nov 12, 2012 Greece approves its 2013 austerity budget, making it eligible for a third round of bailout loans.