Europe debt crisis
Apr 5, 2012
While the U.S. reported the lowest number of applicants for unemployment benefits last month, Spain is reviving worries about the situation in Europe.
Mar 30, 2012
European finance ministers are meeting in Denmark today. They're reportedly adding $670 billion to their bailout fund. Ministers have been trying to figure out how big of a financial bazooka they need to defend Europe from speculators.
Mar 20, 2012
Treasury Secretary Tim Geithner testifies on Capitol Hill Tuesday about the European Debt crisis, urging European countries to avoid 'draconian' budget cuts that could make matters worse.
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.
Mar 8, 2012
Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.
Mar 7, 2012
The deadline for Greece's bailout is tomorrow. But if bondholders still hold out, more delays are on the horizon and the possibility of a Greek default remains.
Feb 21, 2012
Hans Humes is one of the private creditors who is now taking a 74 percent haircut on the Greek debt he owns. He explains what that means, and why he invested.
Feb 20, 2012
The second bailout deal for Greece seems imminent, but it still won't bring a total end to the debt crisis.
Feb 17, 2012
Economic data indicate our economy is warming up. But how might Europe's problems affect America's recovery?