Feb 20, 2012 European finance ministers are meeting in Brussels today. They're expected to finally approve a new bailout loan package for Greece. The price tag: $170 billion.
Feb 17, 2012 Yep, that’s trillion with a “T”.
Feb 16, 2012 European markets are down this morning after more hitches in plans to rescue Greece from default. There's a sense the Greeks have exhausted the goodwill of other European countries.
Feb 16, 2012 There is no end in site yet for Greece, who still might not receive the bailout they need to keep their country running.
Feb 16, 2012 The future of Greece hangs in the balance as it is still uncertain whether they will be able to dig themselves out of their debt hole -- with a lot of help from the rest of Europe.
Feb 15, 2012 A meeting on the Greek bailout has been delayed. Eurozone leaders want more assurances from Greek leaders that they'll make the spending cuts they've promised. The news has triggered more frustration in Athens.
Feb 15, 2012 A big meeting today in Europe that was supposed to continue talks on the Greek debt crisis has been delayed until next week. Now, leaders will join in a conference call to discuss the problem.
Feb 14, 2012 Greece today is trying to find another few hundred million dollars worth of budget cuts. Meanwhile, the rating agency Moody's has downgraded the credit ratings of six European countries, which is likely to make matters worse.
Feb 13, 2012 The Obama administration and nearly every U.S. state are reportedly ready to settle for $26 billion with five of the country's largest banks over allegations of abusive foreclosure practices.