Europe debt crisis

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Poll shows Greeks favor EU bailout

May 29, 2012
A poll this weekend shows Greek voters support politicians who favor the EU bailout of Greece. Elections earlier this month rattled the markets when voters came out in favor of political groups that opposed the bailout and austerity.
Posted In: Greece, Europe debt crisis, elections, polls

Spain seeks to rescue its big bad Bankia

May 28, 2012
The Spanish government is wrangling with how to rescue its troubled banks. The Spanish bank Bankia needs about $24 billion in new capital.
Posted In: spain, bankia, bank bailout, Europe debt crisis

Greece jumps, Spain slumps

May 28, 2012
Markets in Europe are mixed today: Greece is way up and Spain is down. Though both countries face major economic troubles, the level of uncertainty may be the key in determining their market variation.
Posted In: spain, Greece, Europe debt crisis, bank bailout

Euro officials talk 'Grexit' of Greece from euro

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.
Posted In: Europe debt crisis, Greece, IMF

Euro leaders plan for Greece to 'divorce' the euro

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.
Posted In: Greece, euro, Europe debt crisis

Euro leaders to meet at 'informal dinner' to discuss debt crisis

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.
Posted In: Europe debt crisis, eurobond, Germany

EU depositors protected, not from euro collapse

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.
Posted In: Europe debt crisis, euro

Merkel likely to feel pressure at G8 summit

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.
Posted In: G8 summit, Europe debt crisis, Angela Merkel

High schoolers to the rescue -- of 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.
Posted In: Europe debt crisis

Francois Hollande sworn in, heads to meet Angela Merkel

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.
Posted In: Francois Hollande, Angela Merkel, Europe debt crisis

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