Dec 13, 2012 European finance ministers struck a major new deal over their debt crisis. They agreed that the European Central Bank -- Europe’s equivalent of the Fed -- should take over the supervision of the continent’s biggest banks.
Dec 5, 2012 If the U.S. falls off the fiscal cliff at the end of the year, countries across the pond could also suffer the effects.
Nov 29, 2012 Strong unions and labor laws have kept struggling carmakers from cutting plants in Germany, but that may be about to change.
Nov 22, 2012 European Union leaders are gathering in Brussels to hammer out a budget for the EU. And the task will not be easy with the continent still trying desperately to claw its way out of debt.
Nov 22, 2012 Americans may be stuffing themselves with turkey on Thanksgiving, but what about Americans on the other side of the pond?
Nov 21, 2012 A meeting to agree Greece’s next round of bailout money has ended after almost 12 hours with no decision. Athens won't get vital bailout funds without an agreement.
Nov 16, 2012 The Spanish government is suspending foreclosures for the neediest homeowners just a week after a woman there committed suicide when officials arrived at her apartment to seize it.
Nov 15, 2012 Europe has officially slipped back into recession. Growth in Germany -- widely considered to have a relatively healthy economy -- has slowed as well.
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.