Europe debt crisis
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Chrysler now rescues its savior: Fiat
by
Aug 1, 2012
Chrysler's sales surge and buoy Fiat, the company that rescued it. The reversal reflects the relative strength of the U.S. economy over Europe.
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ECB head pledges to do 'whatever it takes' to save euro
Interview with
Jul 26, 2012
What can the European Central Bank really do to help the euro and what obstacles might be in its way?
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Troika inspectors meet in Greece for progress report
Interview by
Jul 24, 2012
The European Commission, the European Central Bank, and the IMF began meetings in Greece today -- they'd like to know what structural reform progress has been made in return for billions in bailout money.
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Spanish borrowing costs up, German rating may go down
Interview with
Jul 24, 2012
Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
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Spain leads to more woes for Europe
Interview with
Jul 23, 2012
New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.
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New fears of Spanish bailout rise
Interview with
Jul 23, 2012
Overseas markets are sliding this morning on new worries about Spain. After last week's bank bailouts, that seemed like an end to the country's crisis, Spain's borrowing costs are up again to 7.5 percent.
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Italian debt rating downgraded two levels
Interview with
Jul 13, 2012
In Europe today, the focus has shifted from Spain to Italy, in the ongoing EU debt crisis. Moody's credit rating agency has downgraded Italian debt to just two levels above junk status.
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Europeans get vacation 'do-over'
Interview with
Jul 6, 2012
In Europe, high courts have upheld workers' right to reclaim vacation days marred by illness or injury.
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European contraction impacts U.S. exports
by
Jul 2, 2012
Exports have been one of the few bright spots in the U.S. recovery, but they're slowing down.
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Euro summit ends with two key agreements
Interview with
Jun 29, 2012
A summit of European leaders has yielded agreement on two key points. First, the EU as a whole will lend directly to banks wherever they get into trouble. Second, there's going to be a new agency to supervise banks across the continent.
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