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 10, 2012
As an exodus in the European Union becomes more a sure thing, two of London's largest bookmakers shut down the markets for bets on Greece leaving the E.U. and the existence of the euro in a few years.
Mar 8, 2012
Private bond holders have until this afternoon to decide if they'll take major losses on their investments in order to keep Greece out of a messy default, and avoid another global crisis.
Jan 20, 2012
Joining the European Union means also eventually jumping on board with the euro currency. Why would a country want to get involved at such a moment of crisis?
Jan 19, 2012
The euro has much support in beleaguered Greece and Italy, but in Germany -- the eurozone’s strongest economy -- many wonder if it’s worth the cost.
Jan 4, 2012
The 17 nations sharing the euro as a common currency struggle to keep the eurozone together. Historically, currency unions have a poor track record.
Jan 2, 2012
Leaders usually like to start the year with optimism, but Angela Merkel and others are finding it hard to see the bright side to the current situation in Europe.
Dec 29, 2011
In Greece, tax collectors are on strike to protest benefit cuts while in Italy, the government was able to borrow $9 billion to help pay for services, but banks willing to lend also demanded a high return.
Dec 29, 2011
The continent has had a dramatic year. The debt crisis seems to be in check right now, but there’s no telling what might happen next year.