Nov 20, 2012 Europe's second largest economy, France, has just had its AAA credit rating downgraded by the rating agency Moody's.
Nov 14, 2012 Millions of workers went on strike across Europe today in protest against public spending cuts. Hundreds of flights have been cancelled, car factories and ports have been shut, and rail services disrupted.
Nov 14, 2012 There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.
Nov 12, 2012 Greece approves its 2013 austerity budget, making it eligible for a third round of bailout loans.
Nov 12, 2012 European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
Nov 6, 2012 Protesters continue to fill Athens today ahead of the Greek Parliament’s vote on public sector spending cuts.
Nov 5, 2012 Workers are back on strike this morning in Greece, where the government is scheduled to vote on a new round of austerity cuts this week.
Nov 1, 2012 All the state governments in the path of Sandy say they’re going to rebuild infrastructure. In this age of budget austerity, where will the money come from?
Sep 28, 2012 The French government has just unveiled a budget for next year that includes major tax hikes for the rich and for businesses. France is the second largest economy in the euro zone and so far it has managed to remain a leader in the debt crisis, rather than a victim -- for the most part anyway.