So far this year, just three days have seen the S&P gain or lose more than one percent. So what happened to the markets' roller coaster ride of 2011?

Indeed, European leaders are meeting once again to discuss the European Union debt crisis, but there will also be talk of economic growth and job creation.

Greece has been furiously working to save maybe $126 billion on what it owes investors on its government bonds.

The euro has much support in beleaguered Greece and Italy, but in Germany — the eurozone’s strongest economy — many wonder if it’s worth the cost.

Our foreign editor John Buckley's take on the S&P downgrade, European debt crisis and Italy's problem down-under.

Countries like France and Austria lost their AAA rating in the last Standard & Poor's downgrade — so why are the markets relatively flat today?

In Italy, the government was easily able to borrow $4 billion to pay for spending over the next three years. And the head of the European Central Bank says it is evidence that the new European bailout is paying off.

Hungary is the latest European Union country to head into trouble, but it isn't part of the eurozone.

The 17 nations sharing the euro as a common currency struggle to keep the eurozone together. Historically, currency unions have a poor track record.