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.
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.
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.
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.
German Chancellor Angela Merkel has sent a message that she is committed to keeping Greece in the eurozone. At the same time, the European Central Bank is keeping Greek banks on a tight leash, cutting off funding for some.
Political parties in Greece have failed to forge a coalition, meaning a new general election is on the way in Greece. Will the country keep to its budget promises that are a condition of the European bailout?
Prof. Matthias Mattjijs discusses how a new Greek election might affect the eurozone.
Greece struggles to form a government after many voters rejected pro-austerity parties. Reneging on its promises could mean an exit from the euro.
As the possibility rises of Greece leaving the eurozone, borrowing costs are shooting higher in countries like Spain and Italy.
New elections in Greece could upend the promises the country made to cut budgets in return for bailout money, and lead to Greece leaving the eurozone. Journalist George Christides says the Greek people might not be aware of the consequences.

More from European Debt Crisis

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

Wednesday, 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
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OECD issues European recession warning

Tuesday, May 22, 2012
The Organization for Economic Cooperation and Development warns the eurozone nations of severe recession risk, and calls on the European Central Bank to step in to stem the crisis.
Posted In: Organization for Economic Cooperation and Development (OECD), ECB, Europe, eurobond
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EU depositors protected, not from euro collapse

Monday, 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
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Merkel likely to feel pressure at G8 summit

Friday, 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
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ECB cuts off funding to some Greek banks

Thursday, May 17, 2012
German Chancellor Angela Merkel has sent a message that she is committed to keeping Greece in the eurozone. At the same time, the European Central Bank is keeping Greek banks on a tight leash, cutting off funding for some.
Posted In: European Central Bank, Greece, Angela Merkel
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Where the new Greek election leaves Europe

Tuesday, May 15, 2012
Prof. Matthias Mattjijs discusses how a new Greek election might affect the eurozone.
Posted In: Greece, Greek debt
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New general election on the way in Greece

Tuesday, May 15, 2012
Political parties in Greece have failed to forge a coalition, meaning a new general election is on the way in Greece. Will the country keep to its budget promises that are a condition of the European bailout?
Posted In: Greece, election, Eurozone
1

Greece gambling with 'financial armageddon'

Monday, May 14, 2012
New elections in Greece could upend the promises the country made to cut budgets in return for bailout money, and lead to Greece leaving the eurozone. Journalist George Christides says the Greek people might not be aware of the consequences.
Posted In: Greece, Europe debt crisis
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Signs of contagion from Greek troubles

Monday, May 14, 2012
As the possibility rises of Greece leaving the eurozone, borrowing costs are shooting higher in countries like Spain and Italy.
Posted In: Greece, Europe debt crisis
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Greece hurls Europe back into crisis mode

Monday, May 14, 2012
Greece struggles to form a government after many voters rejected pro-austerity parties. Reneging on its promises could mean an exit from the euro.
Posted In: Greece, greek bailout, Greek debt

Most Commented

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Debt crisis tests Spaniards' faith in euro

Tuesday, June 15, 2010
In Spain, the countries largest unions are protesting over plans to reform the country's labor laws. But the government has been forced to take these measures by fellow members of the eurozone. Stephen Beard reports.
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How Greece got into a financial mess

Monday, April 12, 2010
Greece's European partners have agreed to a package of loans to protect the Greek government from default -- $41 billion are on offer with another $20 billion from the IMF. But will yet more debt help solve the debt problem? Stephen Beard reports.

Marketplace coverage of Greece and Europe's debt crisis and how it's affecting the U.S. and world markets.

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