Jun 4, 2012 It used to be a pipe dream of some European officials just a year ago. Now, German Chancellor Angela Merkel is pushing for a central authority to regulate all the finances of countries that use the euro.
Jun 21, 2012 What might an American audience appreciate about the news in Paris right now, and what's on everybody's mind in France?
Jun 1, 2012 A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
Jun 1, 2012 Yesterday discount travel website Kayak announced it’s putting off going public. In the UK, luxury jeweler Graff Diamonds has made a similar move, and today Formula One announced it’s shelving its IPO.
May 31, 2012 Spain's Deputy Prime Minister, Soraya Saenz, will head to Washington to discuss ways to resolve the Spanish banking crisis with Treasury Secretary Tim Geithner.
May 31, 2012 Today, Ireland is holding a referendum on whether to ratify Europe's new fiscal discipline pact. A vote against the treaty would challenge German-backed austerity measures.
May 31, 2012 Experts say the European debt crisis could derail halting economic growth in the U.S., but do Americans care?
Jun 21, 2012 It's a gray day in Dublin, as the Irish vote on the European Union's fiscal stability treaty. Will a yes vote really solve Ireland's problems?
May 30, 2012 The European Commission has recommended today that banks in the eurozone create a union to help regulate and bolster failing banks.