Merkel and Sarkozy propose amending the European Union treaty to impose budget discipline on spendthrift countries. Will markets be satisfied?

What will happen to the global economy if the eurozone breaks up? A new book considers the options.

If the 17-member eurozone did break up — either because of bond market pressure or irreconcilable differences — what would the divorce look like?

Eurozone countries are under pressure to consolidate their fiscal policies as a way to resolve their current debt crisis.

In yet another bad development in the eurozone debt crisis, Italy saw its borrowing costs skyrocket. And now a British regulator has called on U.K. banks to prepare for the possible disintegration of the euro.

Critics say a plan proposed by leaders of Germany, France and Italy to modify European Union treaties won't help with the immediate crisis.

The country that's considered the strongest in the eurozone had a hard time convincing investors to lay down cash for its debt today, which means the troubles going on in Europe could be entering a new phase.