May 14, 2012 The prospect of a new round of elections in Greece is boosting the chances of the country's exit from the euro.
May 14, 2012 New elections in Greece could upend the promises the country made to cut budgets in return for bailout money, and lead to Greece leaving the eurozone. Journalist George Christides says the Greek people might not be aware of the consequences.
May 14, 2012 As the possibility rises of Greece leaving the eurozone, borrowing costs are shooting higher in countries like Spain and Italy.
May 10, 2012 Greece still hasn't formed a new government. And there's a lot of talk about the nation leaving the eurozone. How likely is that?
Jul 2, 2012 The Portuguese government announced plans to abolish four national holiday to help ease that country's debt crisis.
May 8, 2012 The Spanish government could pump $9.1 billion into one of its biggest banks.
May 4, 2012 If, as expected, socialist Francois Hollande is elected the next president of France this weekend, to what extent will budget realities crimp his ability to ease off the austerity that he believes is hurting the economy?
May 2, 2012 European finance ministers are meeting today about how much money banks should have around in case of emergency. Banks argue the more that's set aside the less they have to lend and invest.
May 3, 2012 For many Europeans, the effects of the debt crisis are felt very close to home -- with unemployment soaring and manufacturing suffering.