German Chancellor Angela Merkel today called for a new legally binding set of rules to control spending in all eurozone countries, with harsh fines for any rule-breakers.

German Chancellor Angela Merkel spoke today, echoing recent sentiments by the head of the European Central Bank and French President Nicolas Sarkozy.

Germany's leader spoke today, calling for stricter regulations across Europe.

Central banks from a number of countries have decided to increase the ease of borrowing; many hope this will be enough to buy eurozone governments more time to solve the debt crisis.

Is the U.S. borrowing trouble with the Federal Reserve's offer to swap dollars for shaky euros?

Germany is the only eurozone country rich enough to bail out the euro, but many German voters and politicians feel they have already done enough.

The global stock market rally that sent the Dow up almost 500 points yesterday may be over, but France and Spain are offering some hope this morning that yesterday's coordinated action by central banks to ease credit is working.

There is an ongoing effort to get the euro back to normal, and the crisis is looking more and more like the sub-prime mortgage crisis here in the U.S.

To increase liquidity, the European Central Bank and the Federal Reserve are teaming up.