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.
Apr 30, 2012 In a matter of days, two countries at the center of the European debt crisis will hold elections: France is on the verge of electing a socialist as president and Greece may also shake up its leadership. But it's Spain that's causing some heartburn today.
Apr 30, 2012 Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.