Greece was on deadline to deliver a cost-cutting plan to the IMF and EU last week, this past weekend and today. Now, the deadline has been extended. When might the country default?
European leaders have agreed on the details of a new treaty that requires countries to balance their budgets and limit their deficits. It's a long-term solution to the continent's debt troubles.
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.