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On Bastille Day, what's to celebrate?

Jul 12, 2013
The French Revolution -- and much of the France we know today -- was born at a time of economic crisis and famine.

Portugal on verge of collapse, euro crisis flares

Jul 3, 2013
Europe's financial crisis flared anew on Wednesday, after Portugal's finance minister quit and the government teetered on the edge of collapse.

Croatia joins EU after decade of negotiations

Jul 1, 2013
The EU gets its first new member in six years, but it's something less than a celebration.

EU reaches deal to shield taxpayers from bank failures

Jun 27, 2013
After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures.

Is Italy headed for a Greece-style bailout?

Jun 25, 2013
Italy might need a bailout within six months. So warns Italy's second largest bank, MedioBanca, according to Britain's Daily Telegraph.

Latvia wants to join the eurozone. Why?

Jun 5, 2013
Despite the crisis, there are still benefits of being a member of the eurozone club.

EU unemployment hits 12.2%, 'Blockupy' activists protest ECB

May 31, 2013
European unemployment hit a new record high in April. 12.2 percent, or about 20 million people, across the 17 countries that use the euro are out of work.

For public good, not for profit.

Mighty Germany gets a wake up call about unemployment

May 29, 2013
The number of unemployed Germans rose more than four times what analysts had expected in May. Still Europe's largest economy held onto its jobless rate of 6.9 percent -- lower than the majority of euro zone countries.

Austerity on agenda as G7 meets near London

May 10, 2013
As the G7 gathers near London, austerity is on everyone's mind.

EU faces second year of recession

May 3, 2013
For the first time in history, the 17 nations that use the euro are headed for two years of back-to-back recession, according to the European Commission.