May 24, 2012
Although eurozone members want Greece to keep the euro, contingency plans are being made in case there is a parting of ways. The cost and wider economic effects of a possible Greek exit are highly uncertain.
May 24, 2012
Euro leaders say they are committed to Greece staying with the euro, but talk of an exit is growing louder. Finance ministers have advised euro zone members to draw up contingency plans for what's being called an "amiable divorce" from Greece.
May 23, 2012
In Brussels this evening, leaders from euro zone nations are meeting in a casual setting to discuss and formulate policy solutions to the European debt crisis ahead of a formal summit.
May 21, 2012
Depositors into European banks have their money protected, as here in the U.S., but the risk is not just that the bank might collapse, the currency might.
May 18, 2012
The G8 summit of the world's richest industrialized nation's gets underway this evening at Camp David in Maryland. German Chancellor Angela Merkel could be the center of attention. She's under pressure to get behind stimulus programs for Europe.
May 17, 2012
Each year, high school freshmen and sophomores take part in the Euro Challenge, a competition to solve the eurozone's economic woes.
May 15, 2012
Francois Hollande was sworn in today and promptly headed for Berlin to meet German Leader Angela Merkel for the first time. The two power players in European politics have very different ideas about how to tackle the European financial mess.
May 14, 2012
As the possibility rises of Greece leaving the eurozone, borrowing costs are shooting higher in countries like Spain and Italy.
May 14, 2012
New elections in Greece could upend the promises the country made to cut budgets in return for bailout money, and lead to Greece leaving the eurozone. Journalist George Christides says the Greek people might not be aware of the consequences.
May 14, 2012
The prospect of a new round of elections in Greece is boosting the chances of the country's exit from the euro.
