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ECB head pledges to do 'whatever it takes' to save euro
Stephen Beard Jul 26, 2012
What can the European Central Bank really do to help the euro and what obstacles might be in its way?
What's up, Europe? Protesters in Madrid
Kai Ryssdal Jul 11, 2012
In Spain today, the government announced new austerity measures to meet the terms of the bank bailout early this month: $80 billion worth of tax increases and pay and benefit cuts.
How central bank tactics stack up
Andrew Walker Jun 21, 2012
The U.S. Federal Reserve says it will continue holding interest rates down the rest of the year through its "Operation Twist" -- swapping short-term securities for long-term ones. But the economic crisis is global, and ours is not the only central bank that's worried about stoking economic growth.
Uncertainty lingers in Spain after bond auction
Tom Burridge Jun 7, 2012
Spain raised $2.6 billion in a bond sale this morning, but the higher interest rate of 6.1 percent shows that investors are still concerned that Spain has not wiped their hands clean of the financial mess just yet.
Spain succeeds in bond auction despite high borrowing cost
Stephen Beard Jun 8, 2012
Spain's government raised $2.6 billion at a bond auction this morning, but their financial crisis still looms with the banking system and government propping each other up.
Euro crisis tests role of ECB
Christopher Werth Jun 6, 2012
There was no cut in interest rates from the European Central Bank today, but some would like the ECB to take action soon.
Should central banks be doing more?
Josh Brown Jun 6, 2012
There's been more and more talk of the world economy slowing down. Still, the European Central Bank isn't changing its interest rate, and the Federal Reserve hasn't budged yet.
Solutions for Spanish banking crisis dwindle
Tom Burridge 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.
Government debt costs soar in Spain, slump in U.S.
Heidi N. Moore May 30, 2012
Spain now pays more than 6.6 percent on its 10-year bonds. The U.S. pays just over 1.6 percent. Eurozone debt, however, may yet hurt both sides of the Atlantic.
OECD issues European recession warning
Stephen Beard May 22, 2012
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.
