Greek austerity deal stirs anger and protests

Feb 13, 2012
The Greek parliament’s approval of a sweeping austerity package causes demonstrations as Greeks complain of being humiliated by their creditors.

In Greece, politicians agree on austerity deal

Feb 9, 2012
Greek lawmakers have agreed on an austerity package that features spending cuts and reforms. But implementing it won't be easy.

When is the real deadline for Greece?

Feb 6, 2012
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?

What the S&P downgrades mean for Europe

Jan 16, 2012
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
Standard & Poor's downgraded the credit ratings of France, Italy and other European nations. But the markets remained steady. Why?
Thomas Coex/AFP/Getty Images

The danger of relying on ratings agencies

Dec 8, 2011
As economic turmoil continues in Europe, leaders there -- and here in the U.S. -- are weary of the blind reliance on ratings agencies to value debt.

WHITEBOARD: Exposure -- not necessarily a bad thing

Oct 21, 2011
Most people have dark thoughts when they hear the word exposure, but exposure can be beneficial -- if it's done in moderation, as I explain in this...