Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.
Greeks fed up with their country's economic woes see a quick fix — Germany stumping up more than $200 billion in further reparations for World War II aggression. Germans are unimpressed.
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.
European finance ministers are meeting in Brussels today, and at the top of their agenda is Cyprus. The small Mediterranean island nation, which has 850,000 people, is in desperate need of a bailout.
Greece's credit rating just got an upgrade by Standard & Poor's. The ratings agency bumped Greece up to a solid B-. And it says that rating is stable — meaning it won't change in the next several months.