Global stock markets have turned their attention to Greece in anticipation of its elections this weekend that could lead to a Greek exit from the euro. How did Greece get here? We get a professor's perspective.
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.
Europe correspondent Stephen Beard begins a five-part series from bars in Europe. He gets the opinions of ordinary Europeans on the ongoing debt crisis, starting with the Irish.
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.
Today at a White house press conference, President Obama warned the American public of the banking crisis in Europe and the stalled congressional action on jobs legislation.
One of the big rain clouds hanging over markets this morning is coming from Spain. There are reports that the Spanish government could ask Europe to bailout its banks this weekend.
What's the mood like in Germany right now? It's a case of soccer fever as the European Championships kick off. But are Germans in denial about the eurozone crisis?