Linked by a common currency, the countries in the euro zone are roped together like climbers scaling a cliff face. If one or more loses their footing, the rest could come crashing down.
The Geneva Auto Show opens in Switzerland this week. It’s usually a glitzy affair, but while U.S. carmakers are on the rebound, gloom has descended on the European auto industry.
From books and plays like "Dangerous Liaisons" and Molière's "Don Juan" to the recent movie "Heartbreaker," seduction has always loomed large in French culture. But is it still true today?
Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.
Last month, Peugeot secured a $9 billion lifeline from the French government to stay out of bankruptcy. In return, French politicians want the struggling company keep jobs, not cut them.
French bonds fell today in the wake of Moody's downgrading the nation's credit rating. So is the second largest economy in Europe shrugging its collective shoulders? Non!