The European debt crisis claims a new victim: Bulgaria

Feb 20, 2013
After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.

France's president says no to 'endless austerity'

Feb 5, 2013
Francois Hollande gives his first speech to the European Parliament as head of state.

In Spain, corruption and austerity don't mix

Feb 1, 2013
A bribery scandal in Spain is threatening the government of Prime Minister Mariano Rajoy at a time of austerity and high unemployment.

U.K. government battles to cut deficit

Jan 8, 2013
The U.K.'s coalition government has just passed the halfway point in its first term. Critics say its continuing tough talk on austerity is constraining growth.

Mario Monti open to leading Italy again

Dec 24, 2012
The outgoing Prime Minister of Italy, Mario Monti, has said he would would be prepared to head up any new government committed to his economic reforms.

Greece gets an upgrade but protests continue

Dec 19, 2012
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.

Starbucks volunteers to pay more taxes

Dec 7, 2012
The company is one of a number of big U.S. businesses accused of not paying a fair share of tax on their British operations.

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Across Europe, workers synchronize strikes against austerity

Nov 14, 2012
Millions of workers went on strike across Europe today in protest against public spending cuts. Hundreds of flights have been cancelled, car factories and ports have been shut, and rail services disrupted.

Workers push back on austerity across Europe

Nov 14, 2012
There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.

Greece approves austerity budget: 'Hope has fallen away'

Nov 12, 2012
Greece approves its 2013 austerity budget, making it eligible for a third round of bailout loans.