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Cyprus is the latest EU nation to seek a bailout
Jun 26, 2012
The tiny Mediterranean island nation says it needs $10 billion to avoid default just as Spain makes a formal request for a bank bailout
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Why is Spain causing so much pain?
Jun 20, 2012
Spain's debt costs are rising and some fear the nation may soon need a full-scale bailout. Sr. Producer Paddy Hirsch explains the big problem with Spain, using a housing analogy.
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Spain in trouble as borrowing costs rise over 7%
Jun 19, 2012
If yesterday was all about Greece, today belongs to Spain. Concern about Spanish banks has pushed the government's borrowing costs over 7 percent. That's a level that pushed other smaller European countries -- like Greece -- over the edge.
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Eurozone crisis remains far from over
Jun 18, 2012
The election results are in from Greece, and the pro-bailout, pro-austerity New Democracy party narrowly beat the anti-bailout Syriza party in yesterday's elections and is now trying to form a coalition government. That means the euro stays together for the moment.
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With Greek elections done for now, what's next?
Jun 18, 2012
Looking ahead at what's to come for other eurozone countries and what's happening at the G20 summit.
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What's up, Europe? After Greece, spotlight's on Spain
Jun 18, 2012
Now that the Greek election has passed, people are looking at Spain -- which may be headed towards a full bailout.
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How Greek elections will impact worldwide markets
Jun 15, 2012
The big story today is Europe and the upcoming Greek elections. Analysts are trying to make sense of what the results will mean for other markets around the world.
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Germany continues to push austerity and reform
Jun 14, 2012
The Group of 20 top economic powers meets this weekend to discuss the eurozone debt crisis. German leader, Angela Merkel, has cautioned the region on overestimating Germany's capacity to fix the crisis.
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Spain gets a short term fix in euro bailout
Jun 11, 2012
European leaders agreed to bail out Spain's banks to the tune of $125 billion over the weekend. Spanish banks were hemorrhaging cash ahead of this weekend's crucial election in Greece -- that could lead to a Greek exit from the euro.
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Spain avoids government bailout with bank rescue
Jun 11, 2012
Wounded banks in Spain will now be able to draw up to $125 billion in money from the EU. Spanish Prime Minister Mariano Rajoy credited government reforms with limiting the scope of the financial crisis to the banking system.
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