After a week of near-record highs, Wall Street appears worried again — one of the culprits may be new concerns about the European debt crisis.

A bribery scandal in Spain is threatening the government of Prime Minister Mariano Rajoy at a time of austerity and high unemployment.

George Papaconstantinou is under investigation over allegations he removed the names of his family members from a list of Greek tax evaders.

The head of the International Monetary Fund, Christine Lagarde, had reassuring words this morning about the state of the European economy. But the latest economic numbers tell a different story.

European stocks scored gains in early trading after the United States reached a deal to avoid the fiscal cliff, but will the optimism last?

A look at what's in store for the European debt crisis in 2013.

The outgoing Prime Minister of Italy, Mario Monti, has said he would would be prepared to head up any new government committed to his economic reforms.

Italian Finance Minister Vittorio Grilli shares his views on Italy's economic stability, challenges ahead, and the country's political future.

European finance ministers struck a major new deal over their debt crisis. They agreed that the European Central Bank — Europe’s equivalent of the Fed — should take over the supervision of the continent’s biggest banks.

If the U.S. falls off the fiscal cliff at the end of the year, countries across the pond could also suffer the effects.