Apr 5, 2012 Government borrowing costs reach a five month high in Spain, having many worried that the country will soon take the biggest problem in Europe crown from Greece.
Apr 5, 2012 Today, the Greek Athletics Federation laid out what it sees as a "bleak future" for sports. The federation has suspended track and field events as part of budget cutbacks. That puts into question Greece's ability compete in the London Olympics this summer.
Apr 5, 2012 There are some economic headwinds blowing strong right now. And one of them is coming from Spain where a disappointing bond auction yesterday sent government borrowing costs to a 5 month high and renewed fears about the European Debt Crisis.
Stacey Vanek Smith
Apr 5, 2012 While the U.S. reported the lowest number of applicants for unemployment benefits last month, Spain is reviving worries about the situation in Europe.
Mar 30, 2012 European finance ministers are meeting in Denmark today. They're reportedly adding $670 billion to their bailout fund. Ministers have been trying to figure out how big of a financial bazooka they need to defend Europe from speculators.
Mar 20, 2012 Treasury Secretary Tim Geithner testifies on Capitol Hill Tuesday about the European Debt crisis, urging European countries to avoid 'draconian' budget cuts that could make matters worse.
Mar 15, 2012 Ireland is tackling its debt crisis with a harsh program of austerity measures. The Irish are not rioting, as the Greeks did, but they are hurting.
Mar 12, 2012 Europe's biggest airlines say a new European tax on the carbon dioxide coming out their jet engines is a bad idea.
Mar 8, 2012 Private bond holders have until this afternoon to decide if they'll take major losses on their investments in order to keep Greece out of a messy default, and avoid another global crisis.
Heidi N. Moore
Mar 8, 2012 Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.